Mises Institute
Friday, October 24, 2025
 
 
The Myth of the “Robber Barons”: James Hill versus the Crony Competitors
Joshua Mawhorter
As a true market entrepreneur, as opposed to a political entrepreneur, James J. Hill successfully built a transcontinental railroad, outcompeting his government-subsidized competitors.
 
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America Hurts Farmers and Discounts China’s Soy Imports while Providing a Crutch for Argentina
Weimin Chen
Once again, the Trump administration’s “dealmaking” on international trade has blown up, this time pulling the rug from under US soybean farmers. This isn’t the first trade policy fiasco, nor will it be the last.
 
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The Danger of Deflation (Phobia)
 

Joe Salerno explains why we shouldn’t fear natural deflation: we should fear policies that target permanent inflation.

 
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We Have Not Properly Reckoned with the Economic Insanity of 2020
 
We’re still paying for 2020’s madness.
 
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Neo-Luddite Hokum from Conservatives Strikes Again

AI doomerism and neo-Luddite sentiments have become increasingly prevalent in recent discourse.

 
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Covid: The New, “New Deal” Revisionism Is Already Starting
The rebranding of the covid pandemic is already happening and, unfortunately, showing some success.
 
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Deflation: Who’s Afraid of Falling Prices?
In a sound monetary system and a free market, prices will generally fall as the economy grows faster than the money supply.
 
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Memories of Delray and 30 Years of Mises.org
 

Joshua, Connor, and Tho discuss stories and strategy.

 
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Hayek for the 21st Century—Our New 100,000 Book Giveaway
 
Hayek for the 21st Century is a primer for the layperson, introducing a new generation of readers to Hayek’s writings and hopefully avoiding the 20th century’s mistakes in the 21st century.
 
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