Mises Daily Articles

Displaying 101 - 110 of 268

Production, Enterprise, and Service to Society

The EntrepreneurOther Schools of ThoughtPhilosophy and MethodologyProduction Theory

11/23/2010Mises Daily Articles
If the entrepreneur aims at the highest possible profit, he performs a service to society in managing an enterprise. Whoever hinders him from doing this acts against the interests of society and imperils the satisfaction of consumer needs.
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Prop. 19 Goes up in Smoke

Big GovernmentFree MarketsLegal SystemU.S. EconomyInterventionismPolitical Theory

11/16/2010Mises Daily Articles
Plans are already in the works to put the initiative back on the ballot for 2012, which is expected to have higher turnout from young people. But in order for the ballot initiative to succeed, we must first understand why it failed.
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Protecting Licensed Counterfeiters

The FedBusiness CyclesInterventionismMoney and Banking

11/08/2010Mises Daily Articles
Can the government tell the Fed what to do? If Congress and the president are agreed about what to do, yes. If there is disagreement over monetary policy — and there usually is — then the Fed does pretty much what it wants.
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Putting Austrian Business-Cycle Theory to the Test

The FedBusiness CyclesHistory of the Austrian School of EconomicsProduction Theory

10/18/2010Mises Daily Articles
Paul Krugman is despairing of late, because a growing number of mainstream economists are adopting (versions of) Austrian business-cycle theory. The most recent convert is Minneapolis Fed president Narayana Kocherlakota.
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Prepare for Betrayal

U.S. HistoryOther Schools of ThoughtPhilosophy and MethodologyPolitical Theory

10/04/2010Mises Daily Articles
The Tea Party, no matter how successful it is at the polls in November, will certainly betray the party of liberty. There are several reasons for this, but the fundamental one is intellectual. The Tea Party does not have a coherent view of liberty.
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Put On a Happy Face?

Booms and BustsThe FedFinancial MarketsBusiness Cycles

09/27/2010Mises Daily Articles
Some people are saying that all we need is optimism, as if our attitudes alone cause and fix the business cycle, and as if the real world doesn't matter at all. Actually, the "bad attitudes" of consumers and producers are the real fix: they lead to deleveraging and saving.
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Planning, Science, and Freedom

Free MarketsGlobal EconomyInterventionismOther Schools of Thought

09/27/2010Mises Daily Articles
F.A. Hayek, in a forgotten article from 1941, observes the tragedy that "men of science and engineers" may "frequently be found leading a movement which in effect merely serves to support the unholy alliance between the monopolistic organizations of capital and labor."
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Political Freedom and Its Roots in Metaphysics

Free MarketsPhilosophy and MethodologyPolitical TheorySubjectivism

09/21/2010Mises Daily Articles
"The Randist analysis of the nature of crime implies the necessity for a minimal government."
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Psicología evolucionista y el sesgo antimercado

Media and CultureWorld HistoryOther Schools of ThoughtPhilosophy and Methodology

09/15/2010Mises Daily Articles
«Así como todo el mundo nace ignorante de las matemáticas, así todo el mundo nace economista popular».
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Patriotism as a Threat to Capitalism

Free MarketsWar and Foreign PolicyInterventionismOther Schools of ThoughtPolitical Theory

09/13/2010Mises Daily Articles
It is very difficult to convince someone that if they refuse free money they will be better off.
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