Mises Daily Articles

Displaying 71 - 80 of 545

War and Time Preference: The American Army in Australia

U.S. HistoryWar and Foreign PolicyPraxeology

04/21/2014Mises Daily Articles
War and militarization increase time preference, and social ills soon follow.
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Why Keynesian Economists Don’t Understand Inflation

The FedFiscal TheoryMonetary Theory

04/07/2014Mises Daily Articles
Keynesians use a very narrow definition of inflation, but if we have a better and broader understanding of prices and money, we can see that asset-price inflation is all around us. The Fed is doing nothing to help the situation, and is only helping perpetuate a bubble.
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Why We Should Sell Alcohol at College Football Games

Free MarketsInterventionism

04/05/2014Mises Daily Articles
Many colleges and universities prohibit alcohol consumption at football games. Does this stop drunkenness or disorder?
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We Don’t Need “Animal Spirits” to Understand Economics

Business CyclesOther Schools of Thought

04/03/2014Mises Daily Articles
Mainstream economics often invokes vague and unquantifiable concepts like animal spirits to explain how economies work.
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What Libertarianism Is, and Isn't

04/01/2014Mises Daily Articles
The explosive growth in the number of converts to libertarianism since Ron Paul first ran for president is one of the most exciting developments of my lifetime. But I’d like to issue a note of caution. There are several ways a young libertarian can distinguish himself. He can be an effective...
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What to Expect From Janet Yellen

The FedInterventionism

04/01/2014Mises Daily Articles
The Fed has painted itself into a corner. There is no way that the nation can avoid either a recession or the collapse of the value of the dollar. We should prefer the recession, then insist on an end to monetary expansion, regardless of the howls from the politicians.
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We Do Not Live in a Post-Scarcity World

The EntrepreneurFree MarketsOther Schools of Thought

03/26/2014Mises Daily Articles
Rifkin misses the mark because he ignores Menger’s theory of value and the role of the entrepreneur.
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Why the Nostalgia for an Old Communist Economy?

Global EconomyInterventionism

03/21/2014Mises Daily Articles
The true state of the old communist economy under Tito reveals an economy addicted to debt that lagged behind most of Europe.
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Why the Wealth Effect Doesn’t Work

The FedOther Schools of Thought

03/11/2014Mises Daily Articles
The overarching pervasiveness of wealth effect acceptance is not wholly surprising, for it is a perfect blend of the Monetarist and Keynesian Schools.
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Why Some Emerging Markets Are Heading for a Bust

Global EconomyBusiness CyclesMoney and Banking

02/05/2014Mises Daily Articles
Central banks in both Turkey and Argentina have tightened their monetary policies setting in motion an economic bust.
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