Mises Daily

Correcting Scrooge’s Economics

Mises DailyDecember 24, 2014
Ebenezer Scrooge is guilty of no crime, but he is a bad economist. This is demonstrated by Scrooge's ignorance about the subjective nature of value, and by his insistence that he is being robbed by his clerk who negotiates a day off...

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Private Volunteers Step In Where Police Are AWOL

Mises DailyDecember 23, 2014
Where police fail, as at Ferguson and in Detroit, private firms and volunteers have stepped in. And yet the state continues to claim that its employed enforcers are a thin blue line between order and chaos.

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