Mises Daily Articles

Displaying 51 - 60 of 472

An End to Austerity?

02/27/2014Mises Daily Articles
Austerity to a politician means higher taxes on personal income and small businesses; never the sacred government trough. Keynesian stimulus does not work. The IMF-inspired austerian approach does not work. Real austerity means eliminating regulators and regulations, cutting taxes, and selling...
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A Conversation With Jeff Deist About the Austrian School

BiographiesEducationFree Markets

02/19/2014Mises Daily Articles
Once I understood the fundamental choice was between laissez-faire and statism, it was clear: there was no “third way.”
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A Free Market Approach to Insider Trading

Free MarketsEntrepreneurship

01/14/2014Mises Daily Articles
If we seek to eliminate or regulate insider trading, we have only to allow free competition among stock markets and eliminate legal barriers to entry. Companies would choose what stock market to list with depending upon the behavior and rules of each. Consumers always win when there is competition.
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Austrian Economics and Interventionism in Japan

Free MarketsGlobal Economy

01/03/2014Mises Daily Articles
Japan suffers the universal results of high taxation and the wide variety of social problems that follow. No longer is one income enough to make ends meet. Government regulations make it difficult for new industries to compete against the established giants and most industries behave like state-...
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Advancing Pharmaceutical and Medical Technology Does Not Depend on Patents

The EntrepreneurFree MarketsHealthEntrepreneurship

12/31/2013Mises Daily Articles
The notion that unpatented medical technologies are not feasible is historically false. The <em>British Medical Journal</em> challenged its readership to submit a list of the most noteworthy medical and pharmaceutical inventions throughout history. Only two of them have remotely <em...
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After the Taper: The Fed’s Non-Plan Is Unchanged

12/21/2013Mises Daily Articles
One can be certain that interest rates will shoot up once inflation picks up. Since most of the U.S. debt is short term, it is going to be very difficult to inflate prices to reduce the real value of the debt. How will the U.S. government react if it has to refinance at interest rates of 12 percent...
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Argentina’s Politicians Should Read Mises

Global EconomyInterventionismOther Schools of Thought

11/26/2013Mises Daily Articles
A few days after the victory of Cristina Fernandez de Kirchner in Argentina the government imposed foreign exchange controls.
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Are Bubbles Caused by Psychological Problems?

Booms and BustsThe FedGlobal Economy

11/19/2013Mises Daily Articles
How does one know when a bubble is forming? Could it be as simple as applying a psychologist’s diagnosis?
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A Pioneer of Economic Analysis in Victorian England

BiographiesFree Markets

10/23/2013Mises Daily Articles
Chadwick believed in incentive-based social reform. He also wrote about moral hazard problems, anticipating many insights of contemporary economics.
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A Skyscraper Curse with Chinese Characteristics

Global EconomyInterventionismOther Schools of Thought

08/26/2013Mises Daily Articles
This skyscraper craze is a massive misallocation of resources resulting from indiscriminate investment promotion by local governments.
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