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Walk Away: The Rise and Fall of the Home-Ownership Myth

BooksNovember 18, 2010
This elegant and fact-filled book by Doug French examines the background to the case of "strategic default," or walking away from your home, and considers its implications from a variety of different perspectives...

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The Moral Case for the Free Market Economy

BooksJuly 6, 2006
Tibor Machan makes the case for the free market system of economics based on the view of human beings as moral agents with the legal system of a good community as designed to nurture this moral agency.

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The Return to Laisser Faire

BooksJune 5, 2009
Government means, or should mean, the right ordering of all. Modern government has degenerated into tinkering with the wants or rights or liberties of classes or sections or groups, and it is rare, in these days, to hear a political discussion which takes adequate account of the interests of the...

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How to Keep Our Liberty

BooksJuly 17, 2009
"Individualities may form communities, but it is institutions alone that can create a nation." This was a comment by Benjamin Disraeli a century ago when he was beginning the task of building the Conservative Party, a party that still lives a lusty, constructive life...

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The New Despotism

BooksMarch 16, 2010
When the modern political community was being shaped at the end of the 18th century, its founders thought that the consequences of republican or representative institutions in government would be the reduction of political power in individual lives.

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Compulsory Medical Care and the Welfare State

BooksJanuary 28, 2010
For more than ten years there has been under way a relentless drive to impose a Nationalized Medical Service on the American people. This would. represent a truly revolutionary innovation. Yet, until the publication of this book, there was not available either in Europe, America or anywhere, a...

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The Economics of Enterprise

BooksJune 16, 2009
From the author: In questions of economic theory the writer conceives himself, as among his colleagues of the craft, to be in essentials rather a conservative than an innovator. The Socialists, indeed — with whom he disclaims all theoretical sympathies — seem to him to be the ultra-...

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The De Moneta of Nicholas Oresme and English Mint Documents

BooksFebruary 14, 2009
Nicole Oresme has been called the most brilliant scientist of the 14th century: mathematician, musicologist, physicist, philosopher, and economist. On top of that, he was a Bishop and a theologian. His writings of money bear much in common with Carl Menger. Oresme's treatise on money, De Moneta...

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Murray N. Rothbard vs. The Philosophers: Unpublished Writings on Hayek, Mises, Strauss, and Polanyi

BooksNovember 17, 2009
Here is Rothbard's stunning mind at work on some of the most serious topics in philosophy, economics, and politics, originally crafted as private memos. The advantage here is that you get super-candid evaluations of the thought of the giants while avoiding the appartus of formal papers. The...

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TAG: Unlimited Insurance, Unlimited Risk

Audio/VideoOctober 26, 2012
Presented at the Mises Circle in Manhattan, hosted by the Ludwig von Mises Institute and sponsored by the Story Garschina Charitable Fund, and Anonymous Donor. Recorded on Friday, 14 September 2012, at the Metropolitan Club in New York City.

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License Tags and Free Speech

JournalsDecember 1, 2001
This past September, the state government of South Carolina came under fire for issuing a special license plate bearing the slogan "Choose Life." Affronted abortion-rights groups quickly filed suit, claiming that the state was violating the first and fourteenth amendments by failing to...

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There Is Life after Default

Mises DailyOctober 11, 2013
A default on US government debt is no more or less radical than a default on any other kind of debt.

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How Greek Default May Still Unravel the EU

Mises DailyJanuary 23, 2015
The Greeks may still default, and that would mean big trouble not so much for Greece as for other EU member states who will be on the hook for even more bailouts.

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Problems with the CPI

Audio/VideoApril 26, 2014
Peter Klein answers a viewer's question, and discusses the growing evidence of asset price inflation...

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ABCT and the Community Reinvestment Act

BlogDecember 26, 2012

Austrian business cycle theory explains the general pattern of the boom-bust cycle — credit expansion, lowered interest rates, malinvestment, crash, liquidation — but the particulars differ in each historical case. (Austrians sometimes...

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What's Wrong with the CPI?

JournalsAugust 1, 2001
One thing that has achieved Holy Writ with economists and politicians is the Consumer Price Index, or the CPI. Each month, people from Alan Greenspan to traders at the New York Stock Exchange to the economist in the Economics 101 prison await the latest announcement from the US Department of Labor...

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Default! Default!

JournalsNovember 1, 2001
We will never resort to a bailout, said the Bush administration concerning the financial failures of the Argentinian government. That was one week before the same administration arranged an $8 billion line of credit for the same government.

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Community Norms for Punishment and Restitution

Audio/VideoMarch 14, 2010
Recorded 13 March 2010 at the Ludwig von Mises Institute in Auburn, Alabama.

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China’s Coming Default

BlogJanuary 20, 2014

Last June I pointed to four unfortunate facts in the Chinese economy.

1. Overall credit had increased to $23 trillion dollars, up from $9 trillion as recently as 2008.
2. This...

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The Hocus-Pocus of CPI Calculation

BlogNovember 10, 2014

Zero Hedge explains the scam that is Hedonic Quality Adjustments wherein the Bureau of Labor Statistics manipulates price data so that  large increases in the actual...

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