The Problem with Historical Illustrations of Free-Banking Systems

Money and BanksMoney and Banking

Blog10 hours ago

 Historical experience does not appear to support the thesis of modern fractional-reserve free-banking theorists.

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How US Sugar Subsidies Bring a Red Tide of Algae to Florida's Shores

Bureaucracy and RegulationThe Environment

Blog08/16/2018

A combination of federal sugar subsidies, federal regulations on pollution, and federal control of Lake Okeechobee (a giant lake in southern Florida) runoff guidelines has created a recipe for disaster.

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Liberalism and "Classical Liberalism" — An Unfortunate Evolution

World HistoryPhilosophy and Methodology

Blog08/16/2018

"Liberalism" has always been the proper name of the ideology of freedom and free markets. But almost from the beginning, illiberal theorists claimed the name for themselves.

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Why the Quota System Is One of the Worst Ways of Regulating Immigration

Labor and WagesProtectionism and Free Trade

Blog08/15/2018

Historically, US immigration policy limited rejection and deportation to those deemed to be either criminals or incapable of supporting themselves economically. The modern quota system takes a far more arbitrary approach.

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The Problem with Idolizing "Efficiency"

Free MarketsProtectionism and Free Trade

08/15/2018The Austrian
When economists idolize "efficiency" while ignoring property rights, they can justify pretty much anything.
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Controlling Missouri, Part 2: This Means War

U.S. HistoryWar and Foreign Policy

08/15/2018Audio/Video
Nathaniel Lyon declares war on the state of Missouri, and wages the first battle in the state.
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Why Scandinavia Isn't Exceptional

Global EconomyWorld History

Blog08/15/2018

“Between 1950 and 2000, the Swedish population grew from seven to almost nine million. But astonishingly the net job creation in the private sector was close to zero.”

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The Mission of the Mises Institute, In One Paragraph

08/14/2018Power & Market
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