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Can You Say Marginal Rate of Substitution?

2 hours agoMises Daily Articles
The word "need" is a prime example of the failure to think in terms of marginal trade-offs.

Down with Legal Tender

01/19/2022Mises Daily Articles
Gresham's law is not false, but it applies only if a fixed rate of exchange between the different forms of money is enforced.

The Municipal Convention Center Racket Is Alive and Well

Blog01/19/2022

In Las Vegas, the city's convention center authority has found new ways to blow money on shiny objects like Elon Musk's death-trap tunnels and NFL events.

The Louisiana Purchase and the Corruption of the Jeffersonians

01/19/2022Mises Media

Patrick and Tho look at how dreams of conquest in Canada, Spanish Florida, Mexico, and beyond have had tragic consequences for Americans' liberty.

Germany's New Green Stimulus Plan Won't Save their Economy

Blog01/19/2022

Germany's government is pushing a new plan for massive spending on a "Climate Fund." This is justified with the usual Keynesian myths about the benefits of government spending.

Why They Want to Keep the "Health Emergency" Going Forever

Blog01/18/2022

When the Democratic Colorado governor slightly scaled back covid mandates, he met furious opposition from the Left. Expect these people to push mandates forever. 

Why Moderates Attack Radicals

Who do the moderates fear most? Not the state and its countless atrocities and injustices. No, they mostly fear the radicals.

Who Needs Personal Responsibility When We Can Just Trust Our Overlords?

Blog01/18/2022

Across so many fields, from money to nutrition, I’ve found that the corollary to the government-heavy approach is a desire not to make choices for oneself.

The Rise of the New Socialism—and What You Can Do about It

Blog01/18/2022

The Great Reset, comes straight from the socialist witch’s kitchen and represents a reissue of well-known socialist ideas in a new guise.

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