Mises Daily Articles

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The Economic Super Bowl: 1920–21 versus 1930–31

Booms and BustsEconomic PolicyThe FedHayekU.S. HistoryWorld History

01/06/2023Mises Media
By all measures, the economic downturn that began in 1920 was worse than what occurred in 1930, yet the economy recovered quickly in 1921. Why the difference?
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The Tea Party, Fifteen Years Later

AntipoliticsCorporate WelfarePoliticsStrategyU.S. History

01/06/2023Mises Media
Ah yes, the Tea Party. Fifteen years after it was established by followers of Ron Paul, the so-called antiestablishment organization has been co-opted by establishment Republicans. Dale Steinreich is not surprised.
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Notes from the Digital Gulag

Bureaucracy and RegulationMedia and CulturePolitics

01/05/2023Mises Media
Remember those dystopian futuristic films in which the evil people try to electronically erase the heroes? Social media companies are trying to recreate that scenario.
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Woodrow Wilson's Christmas Grift of 1913

Central BanksCronyism and CorporatismThe FedInflationProgressivismU.S. History

01/05/2023Mises Media
Two days before Christmas, 1913, the infamous "creature from Jekyll Island," the Federal Reserve System, was birthed into our body politic. It has been devouring the economy ever since.
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History Shows High Inflation Can Last Over Ten Years

The FedInflationU.S. EconomyU.S. History

01/04/2023Mises Media
Wall Street has convinced itself that the Fed will soon engineer a "soft landing" by bringing down inflation without an accompanying recession. They need to rethink their beliefs.
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You've Got to Be Kidding: Professor Demands Animals Stop Eating Each Other

EducationPhilosophyProgressivismRationalism

01/04/2023Mises Media
University of Chicago professor Martha C. Nussbaum wants to save the world by preventing animals from eating each other in the wild. David Gordon (after pulling himself off the floor) comments on her proposal.
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Private Security: An Effective Method to Prevent Being a Crime Victim

Bureaucracy and RegulationProperty RightsStrategy

01/03/2023Mises Media
As crime rates rise and government policing fails, more and more people are turning to private security, which is more effective in preventing crime than government police.
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Ferdinando Galiani, an Italian Precursor to the Austrians

BiographiesFree MarketsGlobal EconomyHistory of the Austrian School of Economics

01/03/2023Mises Daily Articles
According to Galiani, interest equalizes present and future money. It is a means to compensate for the palpitations of the heart that a creditor must endure until the money is returned.
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Grover Cleveland Presented the Best Example of a True Liberal Populist

Economic PolicyU.S. History

01/03/2023Mises Media
While some politicians preach populism, that usually means protectionism and increased business regulation, along with high marginal income tax rates. Grover Cleveland showed a better way.
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Hayek on the Difference between Science and Scientism

HayekPhilosophy

01/02/2023Mises Media
Modern progressive governance claims it has science on its side. Hayek's Nobel speech put holes in that viewpoint.
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