Mises Daily Articles

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Free to Write

Free MarketsMedia and Culture

03/16/2011Mises Daily Articles
Literature and the Economics of Liberty shows that it is possible to discuss works of literature without wholesale condemnation of capitalism.
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Fannie and Freddie Reform: Too Little, Too Late

Big GovernmentInterventionismMoney and Banking

03/03/2011Mises Daily Articles
Fannie and Freddie, far from being the sole miscreants of the crisis, operate on the same parlous economic principles that the Fed functions on and facilitates. Ridding the market of the crippling appetites of Fannie and Freddie, even if a step in the right direction, is hardly a panacea for the...
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Francis Hutcheson: Teacher of Adam Smith

BiographiesFree MarketsWorld HistoryOther Schools of Thought

02/24/2011Mises Daily Articles
Hutcheson brought to Scottish philosophy a solid belief in natural rights and in the beneficence of nature.
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Following the Efficient-Markets Hypothesis into Absurdity

Interventionism

01/10/2011Mises Daily Articles
Most Austrians stop short of following Chicago School economists' advocacy of the "efficient-markets hypothesis" (EMH). In its most extreme form, the EMH becomes a caricature of itself in which asset bubbles are not just unlikely but logically impossible.
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Finally, a Real Creator Is Person of the Year

Entrepreneurship

01/07/2011Mises Daily Articles
In 83 years, all but 20 of Time's Persons of the Year have been political, military, or international leaders. But the world is changing, and people like Zuckerberg are creating that change. While politicians stand in the way of progress, entrepreneurs like Zuckerberg make it.
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Frank Chodorov, Educator

BiographiesFree MarketsEntrepreneurship

12/31/2010Mises Daily Articles
You have only a few years to live and cannot hope to remake society in so short a time. Nobody now living will see a free society in America. But, in fighting for it, one can have a lot of fun. Consider the effort as a legacy to your great-grandchildren.
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Frank Chodorov, Nonvoter

BiographiesFree MarketsInterventionismPolitical Theory

12/24/2010Mises Daily Articles
If we don't seek to use the vote to steer American society away from the direction in which it has been moving for all these many decades, what do we do instead? For Chodorov, that was a question very easily answered: we put our efforts into education.
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Flooding the World with Truth

Austrian Economics Overview

12/22/2010Mises Daily Articles
In our times, a major reason, and perhaps <i>the</i> major reason, for the phenomenal progress of the ideas of liberty is the work of the Mises Institute. This is the infrastructure that gives rise to and supports all the rest. We need your help.
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Fear and Control: The TSA Case

Big GovernmentThe Police StateEntrepreneurshipInterventionism

12/14/2010Mises Daily Articles
Government and the media bombard us with examples of real or often just imagined threats and expand them so that they become as big as our worst nightmares. As more of us buy into an overblown story, it takes on a life of its own and often becomes the accepted truth.
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French Students Should Celebrate Pension Reform

Free MarketsGlobal EconomyInterventionismPolitical Theory

10/25/2010Mises Daily Articles
That students are in the streets demonstrating against this pension reform suggests professors and politicians have failed to explain what economists call the lump-of-labor fallacy. Jobs are not fixed and do not depend exclusively on the supply of labor.
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