Mises Daily

The Problem With Steve Forbes’s New Gold Standard

Mises DailyOctober 9, 2014
In their new book Money , Steve Forbes and Elizabeth Ames write with insight about the dangers of inflation and easy money, but ultimately, they fail to follow through on their analysis and instead make peace with monetary expansionism.

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The Politics of "Free" Trade Agreements

Mises DailyOctober 7, 2014
Anyone reading modern day trade agreements would not be surprised to discover that they focus less and less on reducing import duties, and more on developing national industries, promoting exports, and ensuring domestic policy space.

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What the Feds and Bernie Madoff Have in Common

Mises DailyOctober 7, 2014
Not unlike governments, ponzi schemer Bernie Madoff used his victims' money to exhibit his "generosity" through charitable giving projects...

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Against the State: An Interview with Lew Rockwell

Mises DailyOctober 2, 2014
John Whitehead of the Rutherford Institute talks with Lew Rockwell about his new book, the state, war, police, and education.

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Scotland and the Hoppean Blueprint for Secession

Mises DailyOctober 2, 2014
In its secession effort, Scotland should have employed the methods recommended by Hans-Hermann Hoppe. That is, it should have been done in a decentralized and piecemeal fashion. However, such efforts would have required the Scots to abandon their welfare state.

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Subsidies, Market Prices, and the 2014 Farm Bill

Mises DailyOctober 1, 2014
2014’s new US Farm Bill eliminates many direct subsidies to farmers, while replacing them with subsidized insurance programs. This will lead to higher costs for taxpayers and distorted markets in the future...

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Scottish Referendum Gives Reasons to be Hopeful

Mises DailySeptember 30, 2014
The smaller the size of government, the less power it has to hobble free enterprise with taxes and regulations.

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Economic Isolationism in The Walking Dead

Mises DailySeptember 30, 2014
When dealing with people in a potentially hostile environment (such as a zombie apocalypse) how do we decide if we should trade with strangers or kill them? It turns out time preference and the division of labor has a lot to do with it.

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The Japanese Deflation Myth and the Yen’s Slump

Mises DailySeptember 29, 2014
The Japanese government claims it’s still fighting deflation, although there are no signs of it in Japan. Through a mixture of chance, habit, and economic sclerosis, prices have been stable in Japan, but Abenomics makes the future of the yen anyone’s guess...

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Mises’s Contribution to Understanding Business Cycles

Mises DailySeptember 29, 2014
In The Theory of Money and Credit , Mises provided the basics for the long-sought explanation for that mysterious and troubling economic phenomenon — the business cycle...

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