Mises Daily Articles

Displaying 111 - 120 of 327

Can Austrian Theory Explain Construction Employment?

Business Cycles

01/19/2011Mises Daily Articles
We are now on our third (and counting?) attempt by the Keynesians (and their occasional Chicago School comrade, Sumner) to use statistics to beat the Austrian theory.
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Connect Ideas, Don't Protect Them


01/19/2011Mises Daily Articles
All the things you use every day started out as good ideas. In the market economy, good ideas are built upon by better ideas. And the results are not just felt in the abstract but become very real to millions.
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Christopher Beam Takes On Libertarianism

Free MarketsOther Schools of Thought

01/06/2011Mises Daily Articles
They say there's no such thing as bad publicity. But even though the <i>New York</i> author, Christopher Beam, tries to be fair to libertarians, in the end he thinks their worldview is wacko. Here is where Beam goes wrong.
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Classical Liberalism and the Single Tax on Land

Free MarketsTaxes and SpendingInterventionism

01/06/2011Mises Daily Articles
The famous physiocratic tenet that only land is productive must be considered bizarre and absurd. It is certainly a tremendous loss of insight compared to Cantillon, who identified land and labor as original productive factors, and entrepreneurs as the motors of the market economy.
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Can Culture Generate Spontaneous Order?

The EntrepreneurMedia and Culture

12/29/2010Mises Daily Articles
Mencken wrote that the sine qua non of all good criticism should be its ability to stand alone as a piece of art regardless of the qualities inherent in the object of the criticism. Cantor, Cox, and the other critics whose essays appear in...
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Cost-Push Inflation?

The FedInterventionismPolitical Theory

12/07/2010Mises Daily Articles
The claim that monetary policy has nothing to do with inflation is nothing new. The Conference Board said the same thing in 1957, and here is Henry Hazlitt's response — from his ...
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Can the Fed Become Insolvent?

EducationThe FedFiscal TheoryInterventionism

11/29/2010Mises Daily Articles
Many academic economists are beginning to worry: Could the Federal Reserve itself become insolvent? In this article I'll explain these fears and I'll argue that the Fed, with its printing press, cannot really go bankrupt the way other corporations can.
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Currency Wars

Booms and BustsGlobal EconomyFiscal TheoryMonetary Theory

11/15/2010Mises Daily Articles
When governments try to confer an advantage to their exporters through currency depreciation, they risk a war of debasement. In such a race to the bottom, none of the participants can gain a lasting competitive edge.
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Can Politicians Help Us?

The EntrepreneurFree MarketsInterventionismPolitical Theory

09/29/2010Mises Daily Articles
The only way politicians can really improve the economy — and our lives — is by (1) getting out of the way, and (2) undoing the policies they've previously implemented that hamper it.
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Currency and Banking Reform in 19th-Century Britain

The FedWorld HistoryFiscal TheoryMonetary Theory

09/08/2010Mises Daily Articles
"As a response to the actions of the Bank of England, the Currency School proposed a simple, yet powerful limitation on the bank: a 100-percent reserve requirement on the issue of new bank notes."
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