Mises Daily Articles

Displaying 41 - 50 of 549

Why We Need Deflation and Higher Interest Rates

Booms and BustsMoney and BanksMoney and Banking

03/28/2015Mises Daily Articles
Once a recession sets in, markets can only repair themselves if prices — including wages — are allowed to fall where necessary. The resulting increases in real interest rates are the key to spurring new economic activity.
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What’s Behind the Gender Wage Gap

PricesValue and Exchange

03/23/2015Mises Daily Articles
If all work and all workers were homogenous, we might be able to say that the gender wage gap is caused by sexism, but the gap is better explained by big differences in the life goals and chosen industries of men and women.
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What Happened at This Year’s Austrian Economics Conference

History of the Austrian School of Economics

03/17/2015Mises Daily Articles
Jonathan Newman reports from this year's Austrian Economics Research Conference at the Mises Institute. As usual, this year's conference brought together some of the finest Austrian-school faculty and students from around the globe.
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Why It Matters If the Dollar Is the Reserve Currency

Global EconomyMoney and BanksMoney and Banking

03/07/2015Mises Daily Articles
Reserve currencies serve an important economic purpose. If the dollar loses its status as a reserve currency, the resulting adjustments will be painful for many. So, the global economy would benefit from a new US monetary policy devoted to a sound dollar.
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Where is the Skyscraper Curse Today?

Booms and BustsBusiness Cycles

02/24/2015Mises Daily Articles
The world is teeming with skyscraper building from China to London, and a new record-setting skyscraper is planned for 2016 in Saudi Arabia. Will this skyscraper herald the next global economic crisis as Dubai's Burj Khalifa presaged the 2009 crisis?
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Why Economic Dependence on Others Is a Good Thing

U.S. EconomyValue and Exchange

02/18/2015Mises Daily Articles
Political dependence and economic dependence are two very different things. Political dependence is fostered by coercion and monopoly power, but economic dependence is simply a choice we make when we especially like one thing more than the alternatives.
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Why the Austrian Understanding of Money and Banks Is So Important

Money and BanksMoney and BankingPhilosophy and Methodology

02/17/2015Mises Daily Articles
Austrians today are nearly alone in asserting what the classical economists all knew. You cannot create prosperity by creating more money, but only through increases in technological progress, frugality, trade, and a division of labor.
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Why the Government Hasn’t Yet Managed to Destroy the Economy

Big GovernmentBooms and BustsU.S. History

02/02/2015Mises Daily Articles
The government cripples the economy a little more each day, but thanks to the resilience of markets, we've avoided economic destruction. Nevertheless, we're still a lot poorer than we would have been without big government.
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Why Private-Sector Services Seem to Be More Expensive

Big GovernmentFree MarketsTaxes and SpendingEntrepreneurship

01/26/2015Mises Daily Articles
Unable to compete with cheap, government-subsidized services designed for the low end of the market, entrepreneurs find they must turn to higher-end customers who will pay more. Some wrongly interpret this as proof that markets are more expensive than government services.
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What True Health Care Reform Would Look Like

Big GovernmentFree MarketsHealth

01/05/2015Mises Daily Articles
Many look to socialize health care as a way to reduce costs, but the only way to increase supply and reduce costs is for government to stop subsidizing health care while limiting its supply.
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