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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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The Underground Economy

BooksJuly 20, 2005
There is a bustling and shadowy world where jobs, services, and business transactions are conducted by word of mouth and paid for in cash to avoid scrutiny by government officials.

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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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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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Job Postings

Current job postings of interest to Austrian economists:

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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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Job Creation and Other Economic Myths

Mises DailyDecember 27, 2010
As a developer, I do not hire an employee before I have conceived of a construction activity that will earn me a decent return. I hire an employee when I have a productive need for his services.

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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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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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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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Does Wal-Mart Destroy Communities?

Mises DailyMay 1, 2004
We have heard all the claims 10,000 times, and here William Anderson deals with the main ones.

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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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Political Tolerance: Balancing Community and Diversity, by Robert Weissberg

JournalsJuly 1, 1999
Professor Weissberg has taken on, in exemplary fashion, one of the major myths of our age.Professor Weissberg has taken on, in exemplary fashion, one of the major myths of our age.

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Review of The Voluntary City: Choice, Community, and Civil Society, by David T. Beito, Peter Gordon, and Alexander Tobarrok, eds.

Journals
Perhaps the best concise summary of this book is given by editor Alexander Tabarrok in his concluding chapter. As he points out, where most urbanists see market failures,

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Review of To Serve and Protect: Privatization and Community in Criminal Justice by Bruce Benson

Journals
This is the most important book on public policy to be published in a long time. Benson takes on the most pervasive government activity, the criminal justice system, and addresses the critical issue of our high crime rate. There are no clear “academic” solutions to this problem, but...

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