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Media Asset
Author:
Murray N. Rothbard
Online Publish Date:
Microeconomics starts with the basic fact that each person has short term and long term goals, like buying a ham sandwich and graduating from college. People act in the world to accomplish something. Human action is purposive. You employ different means to achieve certain goals. Rothbard begins with the simple situation of Crusoe – one laborer- on
Media Asset
Author:
Murray N. Rothbard
Online Publish Date:
Many believe that if governments would just issue greater quantities of money then all problems would be solved. In truth that would create unsurmountable problems by lowering the purchasing power of each money unit. Money is the one good that is not made better by increasing its supply. Rothbard discusses how money originates. Products are
Mises Daily
Author:
N. Joseph Potts
Online Publish Date:
At my neighborhood supermarket the other day, I was at first puzzled, then a bit amused at the sight on the shelf of “Fair Trade Coffee.” No, this isn’t a catchy brand name like “Morning Call.” This is, I found on inspecting the unusually wordy label in detail, coffee whose supplier claims to have overpaid the producers for it. By this is not
Mises Daily
Author:
Dale Steinreich
Online Publish Date:
Interventionism cannot be considered as an economic system destined to stay. It is a method for the transformation of capitalism into socialism by a series of successive steps— Ludwig von Mises, “ Middle of the Road Policy Leads to Socialism ,” April 18, 1950. We’re going to take things away from you on behalf of the common good — Hillary Rodham
Mises Daily
Author:
D.W. MacKenzie
Online Publish Date:
The New Jersey legislature recently responded to calls for reforming state automobile laws. Some claim that these laws will increase competition. Given the track record of this legislature in regulating auto insurance, there are good reasons to be wary of this legislation. Does it really improve this situation overall, or is it just another payoff
Mises Daily
Author:
Mark Brandly
Online Publish Date:
With gas prices exceeding $2 per gallon, an alarmed American public is prone to believe scary predictions about a future without gas. And so into this hyper-charge environment will step a number of commentators who claim to marshall all the data to show that we must dramatically change our lives. For example: “Civilization as we know it will come
Mises Daily
Author:
Charles Tomlinson
Online Publish Date:
I have been distracted for the last few years by other matters and have just recently returned to my world of natural resource management to discover that the major happening in at least the last two decades has slipped by without notice. Remember the nineties? The radical environmental movement screaming that the world as we knew it was destined
Mises Daily
Author:
Daniel J. D'Amico
Online Publish Date:
The Jesuit Volunteer Corps (JVC) has joined up with the Coalition of Immokalee Workers (CIW) to launch a nationwide boycott of Yum Brands Inc. Yum Brands is the owner of many successful fast food chains including; Kentucky Fried Chicken, Pizza Hut, A&W Root Beer, and Taco Bell. Taco Bell is where CIW seems to have their beef with Yum Brands.