Mises Daily

To "Give Back," Add Real Value

Mises DailyDecember 29, 2014
"Giving back" is big these days, but how can we know if we’re really making a contribution that someone values? Economics, fortunately, gives us an answer: the best way to "give back" is to earn honest money...

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Hoppe on Democracy, Progress, and the State

Mises DailyDecember 27, 2014
David Gordon explains how Hans-Hermann Hoppe, while avoiding undue pessimism, takes the conventional view of "progress" in Western society and turns the narrative on its head...

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High Courage and Unusual Integrity

Mises DailyDecember 26, 2014
I was once told that Rothbard had an 'unfair advantage,'" Lew Rockwell writes, "because all his works are available for free on the web, thanks to our donors. Give me more such unfairness!...

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A Capitalist Christmas

Mises DailyDecember 25, 2014
Christmas is the most pro-capitalist of all holidays because its wordly joys are based on private property, voluntary exchange, and mutual benefit. It's also one of the least political of all major holidays...

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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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The WHO’s Bias Against Free-Market Healthcare

Mises DailyDecember 22, 2014
Many advocates for socialized medicine point to the World Health Organization's claim that US healthcare ranks below dozens of other countries. But these rankings are biased in favor of cheap health care over quality health care...

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A Conversation with Mises University Alumnus Ray Walter

Mises DailyDecember 20, 2014
Mises University Alumnus Ray Walter, now a PhD student in physics and mathematics at the University of Arkansas, discusses his work with the Mises Institute and how it has influenced his academic career.

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The Social Function of Economic Inequality

Mises DailyDecember 19, 2014
The rich make new resource-intensive products economically feasible. Those wealthy early-adopters of new products act as mannequins on which new products are draped, increasing demand as producers attempt to bring those products to the mass market.

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All I Want for Christmas is a (Real) Government Shutdown

Mises DailyDecember 18, 2014
Those who voted for the omnibus to avoid a shutdown fail to grasp that the consequences of blindly expanding government are far worse than the consequences of a temporary government shutdown.

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