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      <h2 class="font-crimson font-medium text-2xl text-misesBlue mt-0 leading-tight">
        <a href="/mises-wire/how-greek-merchants-and-philosophers-discovered-economics"  data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline">    How Greek Merchants and Philosophers Discovered Economics</a>

      </h2>
              <div class="font-myriad text-base my-3.5 teaser" >
          
            <div><p>Long before modern economics, the Greek philosophers were laying the groundwork for understanding human cooperation in a social setting, helping to give birth to economic thinking.</p></div>
      
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      <span>
  <time datetime="2026-06-24T16:00:00Z">06/24/2026</time>

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              <span aria-hidden="true">&bull;</span>
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        <span class="mises-link"><a href="/profile/marcos-giansante" hreflang="en">Marcos Giansante</a></span>
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    />
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      <h2 class="font-crimson font-medium text-2xl text-misesBlue mt-0 leading-tight">
        <a href="/mises-wire/greenspan-was-perfect-fed-chair-not-compliment"  data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline">    Greenspan Was The Perfect Fed Chair. That Is Not a Compliment</a>

      </h2>
              <div class="font-myriad text-base my-3.5 teaser" >
          
            <div><p>The Fed Chair’s job isn’t to stabilize the economy. It’s to use prestige, technical jargon, and mind-numbing dullness to cover for the central bank’s expropriation of the American people. And Alan Greenspan excelled at that.</p></div>
      
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            <div  data-component-id="mises:element-article-details" class="font-myriad flex flex-row flex-wrap items-center gap-1 mb-1.5 font-semibol">
      <span>
  <time datetime="2026-06-24T10:00:00Z">06/24/2026</time>

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              <span aria-hidden="true">&bull;</span>
        <span class="mises-link">
  <a href="/mises-wire" hreflang="en">Mises Wire</a>
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                                                                                                                                                                            <span aria-hidden="true">&bull;</span>
        <span class="mises-link"><a href="/profile/connor-okeeffe" hreflang="en">Connor O&#039;Keeffe</a></span>
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<picture class="easy-lqp-picture">
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     loading="lazy" width="380" height="213" data-multiplier="1x" data-ratio="16:9" class="easy-lqp-image"
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        <section class="col-span-12 flex flex-col body-section">
      <h2 class="font-crimson font-medium text-2xl text-misesBlue mt-0 leading-tight">
        <a href="/mises-daily/greenspans-empty-talk"  data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline">    Greenspan&#8217;s Empty Talk</a>

      </h2>
              <div class="font-myriad text-base my-3.5 teaser" >
          
            <div><p>To help mark the passing of former Federal Reserve Chairman Alan Greenspan, we run this 2001 piece from Dr. Joseph Salerno, who understood the Greenspan fraud long before "The Maestro" tanked the US economy by setting off the Housing Bubble.</p></div>
      
        </div>
            <div  data-component-id="mises:element-article-details" class="font-myriad flex flex-row flex-wrap items-center gap-1 mb-1.5 font-semibol">
      <span>
  <time datetime="2026-06-23T19:00:00Z">06/23/2026</time>

</span>
              <span aria-hidden="true">&bull;</span>
        <span class="mises-link">
  <a href="/mises-daily" hreflang="en">Mises Daily</a>
</span>
                                                                                                                                                                            <span aria-hidden="true">&bull;</span>
        <span class="mises-link"><a href="/profile/joseph-t-salerno" hreflang="en">Joseph T. Salerno</a></span>
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      <a href="/power-market/trumps-attempt-end-iran-war-infuriates-uniparty" data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline">Trump’s Attempt to End the Iran War Infuriates the Uniparty</a>

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          <span class="mises-link"><a href="/profile/ron-paul" hreflang="en">Ron Paul</a></span>
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      <a href="/power-market/remembering-philip-g-duffy-1935-2026" data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline">Remembering Philip G. Duffy (1935–2026)</a>

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          <span class="mises-link"><a href="/profile/kevin-duffy" hreflang="en">Kevin Duffy</a></span>
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      <a href="/power-market/alan-greenspan-dies-100" data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline">Alan Greenspan Dies at 100</a>

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          <span class="mises-link"><a href="/profile/ryan-mcmaken" hreflang="en">Ryan McMaken</a></span>
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<article data-component-id="mises:card-title-author" class="mt-1 mb-2">
  <section class="flex gap-1.5 flex-col">
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      <a href="/power-market/what-firm-anyway" data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline">What is a Firm, Anyway?</a>

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          <span class="mises-link"><a href="/profile/peter-g-klein" hreflang="en">Peter G. Klein</a></span>
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<article data-component-id="mises:card-title-author" class="mt-1 mb-2">
  <section class="flex gap-1.5 flex-col">
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      <a href="/power-market/multiple-homesteading-theory-and-metaphysics-ideas-and-information" data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline">The Multiple-Homesteading Theory and the Metaphysics of Ideas and Information</a>

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          <div data-component-id="mises:element-article-details" class="font-myriad flex flex-row flex-wrap items-center gap-1 mb-1.5 font-semibol leading-tight">
          <span class="mises-link"><a href="/profile/andrea-togni" hreflang="en">Andrea Togni</a></span>
    </div>

      </section>
</article>


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              <div class="bg-misesGreyBlue bg-opacity-80 p-4 flex-1" id="home-page-notes-in-margin">
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      <a href="/notes-margin" class="font-crimson text-2xl font-normal leading-7 no-underline hover:text-misesBlueHover focus:text-misesBlueHov">Notes in the Margin</a>
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<span class="mises-link block mt-1 mb-2"><a href="/notes-margin/factory-job-cuts-june-near-worst-2008-financial-crisis-and-covid-levels" hreflang="en">Factory job cuts in June near the worst since 2008 financial crisis and Covid levels</a></span><span class="mises-link block mt-1 mb-2"><a href="/notes-margin/japanese-bond-yields-are-highest-40-years" hreflang="en">&quot;Japanese bond yields are the highest in 40 years&quot;</a></span><span class="mises-link block mt-1 mb-2"><a href="/notes-margin/napolitano-republic-or-empire" hreflang="en">Napolitano: A Republic or an Empire?</a></span><span class="mises-link block mt-1 mb-2"><a href="/notes-margin/iran-war-dismantling-american-empire" hreflang="en">The Iran war is dismantling the American empire</a></span><span class="mises-link block mt-1 mb-2"><a href="/notes-margin/what-would-happen-if-us-actually-cut-military-aid-israel" hreflang="en">What would happen if US actually cut off military aid to Israel?</a></span>
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    <h2 class="font-crimson font-medium text-2xl text-misesBlue mt-0 leading-tight">
      <a href="/mises-wire/public-choice-problem-ai-rights"  data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline">    The Public Choice Problem of AI Rights</a>

    </h2>
          <div class="font-myriad text-base my-2">
        As AI develops, some people are getting the wrong idea and want to assign moral rights to chatbots and other AI products.
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        <div  data-component-id="mises:element-article-details" class="font-myriad flex flex-row flex-wrap items-center gap-1 mb-1.5 font-semibol">
      <span>
  <time datetime="2026-06-23T16:00:00Z">06/23/2026</time>

</span>
                                                                                                                                                                              <span aria-hidden="true">&bull;</span>
        <span class="mises-link"><a href="/profile/jimmy-alfonso-licon" hreflang="en">Jimmy Alfonso Licon</a></span>
                                  </div>

  </section>
</article>


              
  

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      <section class="-lg:col-span-12 col-span-6 flex">
      <a href="/mises-wire/lies-damn-lies-and-history-capitalism" class="max-w-full w-full">
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    src="data:image/jpeg;base64,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"
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    <h2 class="font-crimson font-medium text-2xl text-misesBlue mt-0 leading-tight">
      <a href="/mises-wire/lies-damn-lies-and-history-capitalism"  data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline">    Lies, Damn Lies, and the History of Capitalism</a>

    </h2>
          <div class="font-myriad text-base my-2">
        Modern historians rarely have told the truth about the history of capitalism, and especially in the early days of the Industrial Revolution. It is time to set the record straight.
      </div>
        <div  data-component-id="mises:element-article-details" class="font-myriad flex flex-row flex-wrap items-center gap-1 mb-1.5 font-semibol">
      <span>
  <time datetime="2026-06-23T10:00:00Z">06/23/2026</time>

</span>
                                                                                                                                                                              <span aria-hidden="true">&bull;</span>
        <span class="mises-link"><a href="/profile/wanjiru-njoya" hreflang="en">Wanjiru Njoya</a></span>
                                  </div>

  </section>
</article>


              
  

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      <section class="-lg:col-span-12 col-span-6 flex">
      <a href="/mises-wire/sixth-republic" class="max-w-full w-full">
        <div class="border-t-4 md:border-t-8  border-misesBlue border-top-style: solid">
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  <img
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</div>

        </div>
      </a>
    </section>
    <section class="-lg:col-span-12 col-span-6 flex flex-col">
    <h2 class="font-crimson font-medium text-2xl text-misesBlue mt-0 leading-tight">
      <a href="/mises-wire/sixth-republic"  data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline">    The Sixth Republic?</a>

    </h2>
          <div class="font-myriad text-base my-2">
        As Ryan McMaken recently pointed out, the original constitutional republic created in 1787 no longer exists. Joseph Solis-Mullen asked if the US is now in its Sixth Republic.
      </div>
        <div  data-component-id="mises:element-article-details" class="font-myriad flex flex-row flex-wrap items-center gap-1 mb-1.5 font-semibol">
      <span>
  <time datetime="2026-06-22T19:00:00Z">06/22/2026</time>

</span>
                                                                                                                                                                              <span aria-hidden="true">&bull;</span>
        <span class="mises-link"><a href="/profile/joseph-solis-mullen" hreflang="en">Joseph Solis-Mullen</a></span>
                                  </div>

  </section>
</article>


              
  

<article data-component-id="mises:card-image-title-teaser-latest-6-articles" class="-lg:mb-[30px] mb-10 last:mb-0 grid gap-6 grid-cols-12">
  
      <section class="-lg:col-span-12 col-span-6 flex">
      <a href="/mises-wire/magic-money-velocity" class="max-w-full w-full">
        <div class="border-t-4 md:border-t-8  border-misesBlue border-top-style: solid">
          


            
<picture class="easy-lqp-picture">
  <img
    src="data:image/jpeg;base64,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"
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</picture>


        </div>
      </a>
    </section>
    <section class="-lg:col-span-12 col-span-6 flex flex-col">
    <h2 class="font-crimson font-medium text-2xl text-misesBlue mt-0 leading-tight">
      <a href="/mises-wire/magic-money-velocity"  data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline">    The Magic of Money Velocity</a>

    </h2>
          <div class="font-myriad text-base my-2">
        The velocity of money doesn’t have a life of its own. It is not an independent entity and, hence, it can’t cause anything. Contrary to popular thinking, money does not circulate. Money always belongs to somebody.
      </div>
        <div  data-component-id="mises:element-article-details" class="font-myriad flex flex-row flex-wrap items-center gap-1 mb-1.5 font-semibol">
      <span>
  <time datetime="2026-06-22T16:00:00Z">06/22/2026</time>

</span>
                                                                                                                                                                              <span aria-hidden="true">&bull;</span>
        <span class="mises-link"><a href="/profile/frank-shostak" hreflang="en">Frank Shostak</a></span>
                                  </div>

  </section>
</article>


              
  

<article data-component-id="mises:card-image-title-teaser-latest-6-articles" class="-lg:mb-[30px] mb-10 last:mb-0 grid gap-6 grid-cols-12">
  
      <section class="-lg:col-span-12 col-span-6 flex">
      <a href="/mises-wire/why-you-shouldnt-trust-bureaucrats" class="max-w-full w-full">
        <div class="border-t-4 md:border-t-8  border-misesBlue border-top-style: solid">
          


            
<picture class="easy-lqp-picture">
  <img
    src="data:image/jpeg;base64,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"
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     loading="lazy" alt="Trust" width="380" height="213" data-multiplier="1x" data-ratio="16:9" class="easy-lqp-image"
    />
</picture>


        </div>
      </a>
    </section>
    <section class="-lg:col-span-12 col-span-6 flex flex-col">
    <h2 class="font-crimson font-medium text-2xl text-misesBlue mt-0 leading-tight">
      <a href="/mises-wire/why-you-shouldnt-trust-bureaucrats"  data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline">    Why You Shouldn&#8217;t Trust the Bureaucrats</a>

    </h2>
          <div class="font-myriad text-base my-2">
        Progressive elites insist that we “trust our government” when they are in control, but why should we? In fact, we should no more trust government than Charlie Brown should have trusted Lucy to hold the football.
      </div>
        <div  data-component-id="mises:element-article-details" class="font-myriad flex flex-row flex-wrap items-center gap-1 mb-1.5 font-semibol">
      <span>
  <time datetime="2026-06-22T10:00:00Z">06/22/2026</time>

</span>
                                                                                                                                                                              <span aria-hidden="true">&bull;</span>
        <span class="mises-link"><a href="/profile/george-ford-smith" hreflang="en">George Ford Smith</a></span>
                                  </div>

  </section>
</article>


              
  

<article data-component-id="mises:card-image-title-teaser-latest-6-articles" class="-lg:mb-[30px] mb-10 last:mb-0 grid gap-6 grid-cols-12">
  
      <section class="-lg:col-span-12 col-span-6 flex">
      <a href="/mises-wire/scholasticism-enlightenment-liberalism" class="max-w-full w-full">
        <div class="border-t-4 md:border-t-8  border-misesBlue border-top-style: solid">
          <div>
  
  


            
<picture class="easy-lqp-picture">
  <img
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      <a href="/mises-wire/scholasticism-enlightenment-liberalism"  data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline">    From Scholasticism to Enlightenment Liberalism</a>

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        The intellectual path from Ancient Greece to modernity is littered with the path of numerous philosophers, movements, and events, both peaceful and violent that have shaped thinking throughout the ages.
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  <time datetime="2026-06-20T10:00:00Z">06/20/2026</time>

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                                                                                                                                                                              <span aria-hidden="true">&bull;</span>
        <span class="mises-link"><a href="/profile/vincent-cook" hreflang="en">Vincent Cook</a></span>
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            <div><em>Human Action</em> is a guide to civilized social life which elucidates the laws of reality that apply if human persons are to engage in peaceful and prosperous social cooperation under the division of labor.</div>
      
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  <img
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      <a href="/podcasts/radio-rothbard/medieval-constitution-liberty"  data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline">    The Medieval Constitution of Liberty</a>

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      <span>
  <time datetime="2026-06-23T13:30:00Z">06/23/2026</time>

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                                                                                                                                                                              <span aria-hidden="true">&bull;</span>
        <span class="mises-link"><a href="/profile/ryan-mcmaken" hreflang="en">Ryan McMaken</a></span>
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            <div><p>Kevin Warsh may talk tough, but Mark Thornton argues the Fed’s real mandate hasn’t changed: finance Washington, protect Wall Street, and let inflation grind down everyone else.</p></div>
      
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          <a href="/events/virtual-mises-university-2026"  data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline">    Virtual Mises University 2026</a>

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                <time datetime="2026-07-19T22:00:35Z">July 19, 2026</time>
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                  <path d="M8 8a2 2 0 1 1 0-4 2 2 0 0 1 0 4m0 1a3 3 0 1 0 0-6 3 3 0 0 0 0 6"/>
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                Auburn, AL
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                  <a href="/taxonomy/term/5452" hreflang="en">Conference</a>, <a href="/taxonomy/term/6415" hreflang="en">Mises U</a>
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  <p>Virtual Mises University is the online counterpart to the Mises University conference and can be attended by anyone.</p>
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     loading="lazy" alt="Mises University" width="380" height="285" data-multiplier="1x" data-ratio="4:3" class="easy-lqp-image"
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                <time datetime="2026-07-19T23:00:22Z">July 19, 2026</time>
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                  <path d="M8 8a2 2 0 1 1 0-4 2 2 0 0 1 0 4m0 1a3 3 0 1 0 0-6 3 3 0 0 0 0 6"/>
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                Auburn, Alabama
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                  <path d="M2 1h4.586a1 1 0 0 1 .707.293l7 7a1 1 0 0 1 0 1.414l-4.586 4.586a1 1 0 0 1-1.414 0l-7-7A1 1 0 0 1 1 6.586V2a1 1 0 0 1 1-1m0 5.586 7 7L13.586 9l-7-7H2z"/>
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                  <a href="/taxonomy/term/5452" hreflang="en">Conference</a>, <a href="/taxonomy/term/6415" hreflang="en">Mises U</a>
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  <p>Mises University is the world's leading instructional program in the Austrian School of economics.</p>
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    data-srcset="https://cdn.mises.org/styles/responsive_4_3_380w/s3/images/2026-02/NM.jpg.webp?h=faf1ae0a&amp;itok=yoDWLcSg 380w,https://cdn.mises.org/styles/responsive_4_3_650w/s3/images/2026-02/NM.jpg.webp?h=faf1ae0a&amp;itok=NFe3W1B6 650w,https://cdn.mises.org/styles/responsive_4_3_870w/s3/images/2026-02/NM.jpg.webp?h=faf1ae0a&amp;itok=O04BbD2p 870w,https://cdn.mises.org/styles/responsive_4_3_1090w/s3/images/2026-02/NM.jpg.webp?h=faf1ae0a&amp;itok=MemaEMa5 1090w,https://cdn.mises.org/styles/responsive_4_3_1310w/s3/images/2026-02/NM.jpg.webp?h=faf1ae0a&amp;itok=rM-yfuT3 1310w,https://cdn.mises.org/styles/responsive_4_3_1530w/s3/images/2026-02/NM.jpg.webp?h=faf1ae0a&amp;itok=WT4n7f5v 1530w"
     loading="lazy" alt="Mises Circle New Mexico 2026" width="380" height="285" data-multiplier="1x" data-ratio="4:3" class="easy-lqp-image"
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                August 15, 2026
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                Albuquerque, NM
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  <p>What should people think about the renewed interest in precious metals? Join us for a discussion you won't find in traditional financial media.</p>
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            <div>Economics for Beginners</div>
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              <div class="flex justify-center -md:flex-col flex-row">
                    





<article data-component-id="mises:card-image-title-teaser-accordion" class="article-container mx-2 flex-1">
      <section>
      <a href="/complexity-liberty-vs-power" class="max-w-full w-ful [&>div]:w-full">
        <div>
          
            <div><div>
  
  


            
<picture class="easy-lqp-picture">
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</div>
</div>
      
        </div>
      </a>
    </section>
    <section class="body-container">
                <h3 class="my-4">
                <a href="/complexity-liberty-vs-power"  data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline text-white font-crimson font-bold text-2xl">Complexity: Liberty vs. Power</a>

      </h3>
              <div class="teaser-text-container font-myriad text-base text-white my-2">
        
            <div>Can we find freedom and opportunity in an uncertain future? This series explores the complex systems that shape our world.</div>
      
      </div>
      </section>
</article>


                    





<article data-component-id="mises:card-image-title-teaser-accordion" class="article-container mx-2 flex-1">
      <section>
      <a href="/america-republic-empire" class="max-w-full w-ful [&>div]:w-full">
        <div>
          
            <div><div>
  
  


            
<picture class="easy-lqp-picture">
  <img
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"
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     loading="lazy" alt="American Empire" width="380" height="213" data-multiplier="1x" data-ratio="16:9" class="easy-lqp-image"
    />
</picture>

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        </div>
      </a>
    </section>
    <section class="body-container">
                <h3 class="my-4">
                <a href="/america-republic-empire"  data-component-id="mises:atom-link" class="text-misesBlue no-underline hover:underline focus:underline text-white font-crimson font-bold text-2xl">America: From Republic to Empire</a>

      </h3>
              <div class="teaser-text-container font-myriad text-base text-white my-2">
        
            <div>&quot;War is the health of the state.&quot; —Randolph Bourne</div>
      
      </div>
      </section>
</article>


                    





<article data-component-id="mises:card-image-title-teaser-accordion" class="article-container mx-2 flex-1">
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      <a href="/progressivism" class="max-w-full w-ful [&>div]:w-full">
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