Mises Daily Articles

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The Economics Behind the Fall of the Berlin Wall

World HistoryCalculation and KnowledgePrices

11/07/2019Mises Daily Articles
Much of the media discussion around the 30th anniversary of the Berlin Wall's fall will focus on American military politics and the politicians of the time. But to truly understand why the Soviet system in Eastern Europe collapsed, we must look to Mises's pioneering work on economic planning.
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Trotsky: la ignorancia y el mal

BiographiesWorld HistoryOther Schools of ThoughtPhilosophy and Methodology

11/02/2019Mises Daily Articles
«Es muy posible que los bolcheviques no tuvieran la menor idea de lo que sus objetivos significarían concretamente para la vida económica de Rusia, cómo tendrían que ser implementados necesariamente, o cuáles serían las consecuencias».
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Trotsky: The Ignorance and the Evil

BiographiesWorld HistoryOther Schools of ThoughtPhilosophy and Methodology

11/02/2019Mises Daily Articles
"It may well be, that is, that the Bolsheviks had never had the slightest idea of what their aims would mean concretely for the economic life of Russia, how those aims would of necessity have to be implemented, or what the consequences would be."
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The Economic Consequences of Cheap Money

Booms and BustsFree MarketsBusiness CyclesHistory of the Austrian School of EconomicsInterventionism

10/19/2019Mises Daily Articles
One of the characteristic features of this age is the general attack launched by all governments and pressure groups against the rights of creditors.
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The Influence and Origins of FDR

U.S. HistoryInterventionismOther Schools of Thought

10/17/2019Mises Daily Articles
Roosevelt stands for the national government as we know it today: a vast, unfathomable bureaucratic apparatus.
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The Fairness of "Unequal" Exchange

Free MarketsPricesValue and Exchange

10/16/2019Mises Daily Articles
When an elected official or government bureaucrat interferes with a valid, non-coerced exchange, they may appear to be helping one individual when they are actually harming a foundation of modern society; free exchange of goods and services.
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Two Views on Social Order: Conflict or Cooperation?

Free MarketsOther Schools of ThoughtPhilosophy and Methodology

10/02/2019Mises Daily Articles
There are two clear and present dangers to liberty. One is known as the Left, and the other is the Right. They seek to use government to mold society into a form they seek, rather than the form that liberty achieves if society is left on its own.
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The Ethics of Externalities

Free MarketsPhilosophy and Methodology

09/28/2019Mises Daily Articles
According to the usual justification for government regulation of externalities,almost everything we do is ripe for regulation. Even worse, regulators never admit their prohibitions prevent an incalculable number of positive externalities.
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The Myth of Good Government

Free MarketsGlobal EconomyOther Schools of Thought

08/24/2019Mises Daily Articles
One of the great and most persistent errors of classical liberals is to believe in "good government," a government that does "what it is supposed to do." But no state empowered to do what is supposedly necessary will restrain itself to those things. It will expand as much as public opinion will...
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The Freedom to Reject the "Best"

EducationFree MarketsInterventionism

08/22/2019Mises Daily Articles
A central benefit of the marketplace is the ability to choose the products and services that the "experts" tell us are not "the best."
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