Mises Institute
Monday, July 21, 2025
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The Economic Success of Singapore and Hong Kong
Lipton Matthews
While it is tempting to see the economic success of Singapore and Hong Kong as similar, there really are stark differences between them. Hong Kong has developed through laissez-faire and entrepreneurship while Singapore is much more state directed.
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The Axiom of Action and the Inescapability of Liberty
Roman Kireev
Socialists despise individual liberty because they believe that allowing humans to make free choices supposedly leads to selfish and anti-social behavior. However, by denying individual choice, socialists are denying human action itself.
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Why Jay Powell’s Fed Will Not Cut Interest Rates
Trump wants rate cuts. Is Powell stalling for the dollar’s sake...
or his own?
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Austrian Economics in the Age of MAGA
Tom Woods explains why Austrian economics holds the key to solving the cultural and economic crises MAGA claims to care about.
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I, Mises University
Just as no one in the world could possibly make something as simple as a pencil all by himself, as the great Leonard Read explained in his famous essay, I, Pencil, so it is with Mises University.
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No Hire, No Fire: Unemployment Claims Reach the Highest Since 2018 (Ex Covid)
While we’re not yet seeing a trend toward widespread layoffs, it is increasingly difficult to get hired.
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Price Inflation Rose in June to a Five Month High—But Don’t Blame Tariffs
Price inflation is moving up again, despite President Trump’s repeated (and false) claims that prices are falling. Tariffs, though, are not the cause.
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Mises University
Watch the free Mises U livestream, July 20–26: the best week of the year.
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Liberty and Property
In Liberty and Property, Ludwig von Mises shows that political freedom is impossible without private ownership. He warns that socialism, by abolishing private property, leads to economic collapse and political tyranny. Mises defends capitalism as the only system compatible with liberty, prosperity, and peace.
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