Mises Daily

Bait & Switch: "Economic Development" in the States

Mises DailyJanuary 15, 2015
States could attract more businesses and jobs by lowering taxes and making government smaller. But since governments hate cutting taxes and regulations, they instead choose to lure new firms with temporary tax breaks and special favors.

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The Fed: Reality Trumps Rhetoric

Mises DailyJanuary 14, 2015
The Fed would have us believe that it has am impressive record of success in preventing recessions and improving the economy. The actual historical record suggests otherwise.

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The Sky Is Not Falling: Legal Pot Turns One in Colorado

Mises DailyJanuary 13, 2015
Mark Thornton reviews the first year of cannabis legalization in Colorado and the fact that the predictions of the prophets of dooms have failed to materialize. Meanwhile, the power of the state in this area continues to weaken.

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The Left’s War on Uber, Sharing, and the Poor

Mises DailyJanuary 13, 2015
Confronted with something new and inventive, the left reacts with fear and condemnation, opposing Uber, the sharing economy behind it, and the benefits they bring to low-income entrepreneurs everywhere.

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Revolutions Eat Their Parents

Mises DailyJanuary 12, 2015
Revolutionaries often place their trust in unlimited government to remake the world in their image, but unrestrained states have a habit of turning on those who support them.

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How Embargoes Destroy Freedom

Mises DailyJanuary 10, 2015
Supporters of embargoes like the Cuban embargo have never made a convincing case for why taxpayers, merchants, and consumers should be forced to forego their property rights and bear the costs of the embargo’s war on free trade...

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The New Music Marketplace

Mises DailyJanuary 9, 2015
Some music aficionados are complaining that the market's efforts to better deliver what people want are encouraging "bad music." In truth, music markets are providing more opportunities for the making of new music than ever before...

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Multiple Currencies and Gresham’s Law in Zimbabwe

Mises DailyJanuary 8, 2015
Zimbabwe, in the aftermath of years of hyperinflation, today has nine different currencies that are officially legal tender. The emerging system of multiple currencies offers a chance to make some interesting observations.

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Voluntary Exchange vs. Government Mandates

Mises DailyJanuary 7, 2015
True welfare and value can only be achieved through exchange when it is fully voluntary. When the state intervenes to "improve" trade, it destroys value, all the government stats notwithstanding...

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Is The Fourteenth Amendment Good?

Mises DailyJanuary 6, 2015
Designed to redress the wrongs of the major injustice of slavery, the Fourteenth Amendment is now used by the federal courts to micromanage nearly every aspect of modern life. Strangely, many libertarians continue to support the amendment in spite of this.

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