Mises Daily Articles

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Richard Cantillon: El padre fundador de la economía moderna

BiographiesFree MarketsEntrepreneurshipHistory of the Austrian School of Economics

12/16/2010Mises Daily Articles
El honor de ser llamado el "padre de la economía moderna" no pertenece a su destinatario habitual, Adam Smith, sino a un comerciante irlandés, banquero y aventurero irlandés que escribió el primer tratado de economía más de cuatro décadas antes de la publicación de la riqueza de las Naciones
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Richard Cantillon: The Founding Father of Modern Economics

BiographiesFree MarketsEntrepreneurshipHistory of the Austrian School of Economics

12/16/2010Mises Daily Articles
The honor of being called the "father of modern economics" belongs not to its usual recipient, Adam Smith, but to a gallicized Irish merchant, banker, and adventurer who wrote the first treatise on economics more than four decades before the publication of the Wealth of Nations .
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Revealing the Reality of Antitrust

Legal SystemU.S. EconomyInterventionismPolitical Theory

12/15/2010Mises Daily Articles
Antitrust keeps superior products and marketing strategies from harming rivals, but halting such innovation harms consumers. It inhibits superior firms from passing on their efficiencies to consumers in lower prices.
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Raico the Great

BiographiesU.S. HistoryWar and Foreign PolicyWorld History

12/08/2010Mises Daily Articles
Raico's historical essays are not for the faint of heart nor for those whose loyalty to the US or British state outweighs their devotion to truth and humanity. Yet Ralph did not invent the ugly facts he recounts here, as his ample documentation attests.
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Raising Taxes Is Not Reducing Government Spending

Big GovernmentTaxes and SpendingU.S. EconomyInterventionism

11/24/2010Mises Daily Articles
The fundamental question is, who is the owner of the funds paid in taxes? Is it the citizens, who have earned the funds and who turn them over under threat of being fined or imprisoned — or even killed — or is it the government?
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Rationalization in Politics and Life

World HistoryOther Schools of ThoughtPhilosophy and MethodologyPolitical Theory

11/17/2010Mises Daily Articles
A man who is obliged to justify his handling of a matter in the eyes of other people often resorts to a pretext. As the motive of his deviation from the most suitable way of procedure he ascribes another reason than that which actually prompted him.
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Rethinking Intellectual Property: History, Theory, and Economics

Free MarketsLegal SystemWorld HistoryEntrepreneurship

10/22/2010Mises Daily Articles
Everyone knows something is wrong here. Everyone. Except perhaps for patent lawyers, federal judges, and Orrin Hatch. I take that back. I think even most patent lawyers know something is wrong.
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Regime Uncertainty and Bond Yields

The FedFinancial MarketsInterventionismPrivate Property

10/01/2010Mises Daily Articles
If mainstream analysts continue to disregard the role of regime uncertainty in the major depressions of the modern era, especially in accounting for their extraordinary duration, then they will only demonstrate the poverty of their own mode of analysis.
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Richard Cantillon: Founder of Political Economy

BiographiesFree MarketsWorld HistoryHistory of the Austrian School of Economics

09/16/2010Mises Daily Articles
"Cantillon instead focused on the microeconomic aspect of monetary inflation. In many ways, this focus is a forerunner to the Austrian School's emphasis on relative inflation, as opposed to general price inflation."
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Reality Economics

The FedU.S. EconomyBusiness CyclesOther Schools of Thought

09/06/2010Mises Daily Articles
However, it is perhaps not too optimistic to assume that those governments and parties whose policies have led to this crisis will some day disappear from the stage and make way for men whose economic program leads, not to destruction and chaos, but to economic development and progress.
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