Mises Daily Articles

Displaying 41 - 50 of 345

Central Banks and Our Dysfunctional Gold Markets

Gold StandardMoney and BankingPrices

07/23/2015Mises Daily Articles
Gold prices are subject to manipulation in a variety of ways from the private sector, central banks, and governments. To see how gold fits into markets, we must look to see how "official" and "unoffocial" prices for the yellow metal are being shaped.
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Cómo las métricas del PIB distorsionan nuestra visión de la economía

Calculation and KnowledgeInterventionismPhilosophy and Methodology

05/15/2015Mises Daily Articles
Hoy en día es habitual que los gobiernos midan la prosperidad económica con indicadores del PIB. Sin embargo, las numerosas reglas arbitrarias y las suposiciones erróneas que hay detrás de estas medidas desvirtúan nuestra visión de cómo crecen las economías y mejoran los niveles de vida.
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Connecticut's Novel Way to Kill Jobs and Tax Employers

Taxes and SpendingInterventionism

05/14/2015Mises Daily Articles
Some now blame employers that don’t pay a “living wage” for the fact that so many people receive welfare payments. So, the politicians want to tax employers for every minimum wage employee they hire. Needless to say, this won’t solve the problem.
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Conscription and Other Draconian Taxes

Taxes and SpendingWar and Foreign Policy

03/13/2015Mises Daily Articles
Conscription has become an issue in Ukraine where young men are attempting to avoid compulsory military service. But Ukraine is not unique, and states across the globe and throughout history have imposed the 100-percent tax known as "the draft."
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Can Europe Recover From Its Easy-Money Obsession?

Booms and BustsMoney and BanksMonetary Theory

02/16/2015Mises Daily Articles
Central banks and their favorite economists are everywhere worried that central banks may be too weak to keep the current “expansion” going. If central banks are too weak now, what will happen when they get the strength they want?
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Cómo reduciendo el PIB aumenta el crecimiento económico

Big GovernmentTaxes and Spending

01/02/2015Mises Daily Articles
Reducing government spending results in an immediate increase in welfare for all productive members of the economy. But, the way we calculate economic growth is rigged to make it look like more government spending fuels economic growth.
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Chinese Savings vs. American Spending

Booms and BustsGlobal Economy

01/01/2015Mises Daily Articles
One thing the Chinese regime has not managed to do is erase the Chinese fondness for saving money. But in America, where over one-third of the population is on public assistance, it spends as much as possible.
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Correcting Scrooge's Economics

Media and CultureValue and Exchange

12/24/2014Mises Daily Articles
Ebenezer Scrooge is guilty of no crime, but he is a bad economist. This is demonstrated by Scrooge's ignorance about the subjective nature of value, and by his insistence that he is being robbed by his clerk who negotiates a day off.
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Cryptocurrencies and a Wider Regression Theorem

Money and BanksMoney and BankingValue and Exchange

12/11/2014Mises Daily Articles
If cryptocurrencies like bitcoin are being used as money, and if Carl Menger correctly tells us that money must have some kind of antecedent value, then as economists it becomes our job to discover what exactly is that antecedent value. A fresh reading of Menger's Regression Theorem provides...
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Czechoslovakia’s Velvet Revolution: 25 Years Later

Global EconomyWorld HistoryInterventionism

11/28/2014Mises Daily Articles
The Velvet Revolution, during which the people of Czechoslovakia revolted against their communist masters, turns twenty-five years old this month. Many people from formerly-communist economies have learned much from the experience, even if many in the West have not.
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