Mises Daily Articles

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Ray Bradbury: Anarchist at Heart

06/13/2012Mises Daily Articles
Ray Bradbury: "The less government, the happier I will be.… All I can do is teach people to fall in love."...

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The Nature and Origin of Subjective Value

History of the Austrian School of EconomicsSubjectivism

06/13/2012Mises Daily Articles
All goods without exception — indeed according to the very conception of them as "good" — possess a certain relation to human well-being...

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When Anticipation Makes Things Worse

Business CyclesEntrepreneurship

06/12/2012Mises Daily Articles
The rational expectations of bankers and speculators should, if anything, exacerbate the cycle.

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Socialism in Practice: The Lethal Laboratory

Global EconomyWorld HistoryOther Schools of Thought

06/11/2012Mises Daily Articles
Schumpeter said that the USSR "would be a good laboratory." Weber responded, "A laboratory heaped with human corpses!"...

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Capitalism, Happiness, and Beauty

Free MarketsMedia and CultureOther Schools of Thought

06/11/2012Mises Daily Articles
Only romantic prepossession allows critics to ignore the fact that capitalism creates an environment of refinement and beauty.

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Of Krugman and Diocletian

Free MarketsWorld HistoryOther Schools of Thought

06/08/2012Mises Daily Articles
Krugman: "I am not a defender of the economic policies of the emperor Diocletian. Let's just make that clear." Ron Paul: "That's exactly what you're defending."

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Private Law in the Emerald Isle

Free MarketsLegal SystemWorld History

06/08/2012Mises Daily Articles
Brehon law was a private legal system in ancient Ireland that survived until the 17th century.

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The Fiasco of Fiat Money

Booms and BustsThe FedGlobal Economy

06/07/2012Mises Daily Articles
Today's worldwide fiat-money regime has effects that extend beyond what most people would imagine...

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James Mill and Libertarian Class Analysis

BiographiesFree MarketsWorld HistoryPolitical Theory

06/07/2012Mises Daily Articles
The theory of class conflict did not begin with Karl Marx. It began with two French libertarians, and James Mill developed a similar theory in the 1820s and 1830s.

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