Mises Daily Articles

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The Folly of 1845: Texas and the Evils of Annexation

Big GovernmentU.S. EconomyPolitical Theory

02/05/2015Mises Daily Articles
The opposite of secession is annexation wherein governments extend their monopolies over a greater territory. Just as secession naturally limits the power of states, annexation extends it, and should be opposed.

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The ECB Fears Deflation, But You Should Not

Booms and BustsGlobal EconomyMoney and Banks

02/04/2015Mises Daily Articles
The European Central Bank plans to ramp up its own version of quantitative easing because it fears deflation. But deflation really means an increase in real wealth and an end to many malinvestments.

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How Government Helped Create the Coming Doctor Shortage

Big GovernmentHealth

02/03/2015Mises Daily Articles
If we want to lower the cost of health care, we should seek to increase the availability of health care services, including increases in trained medical personnel. Government, however, acts repeatedly to prevent the entry of more doctors into the marketplace.

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Why the Government Hasn’t Yet Managed to Destroy the Economy

Big GovernmentBooms and BustsU.S. History

02/02/2015Mises Daily Articles
The government cripples the economy a little more each day, but thanks to the resilience of markets, we've avoided economic destruction. Nevertheless, we're still a lot poorer than we would have been without big government.

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Europe Joins the QE Party

Global EconomyMoney and BanksMoney and Banking

01/31/2015Mises Daily Articles
The European Central Bank is ramping up its easy-money policies in an effort to spur inflation, which it hopes will improve the economy. The wealthy and powerful will benefit from this, but most everyone else is in big trouble.

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Post Mortem on the Swiss Franc’s Euro-Peg

Global EconomyMoney and BanksMoney and Banking

01/30/2015Mises Daily Articles
The Swiss central bank's decision to let the Swiss franc find its market value (compared to the euro) was predictable, yet it has caused instability for Swiss markets. Meanwhile, the peg never helped the Swiss economy.

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Secession Begins at Home

Big GovernmentPolitical Theory

01/30/2015Mises Daily Articles
The most realistic plan for increasing freedom and free markets is not to vainly hope for a libertarian takeover of DC, but to create our own de facto independent societies right here at home.

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How Free Markets Enhance Freedom of Choice

Big GovernmentThe EntrepreneurValue and Exchange

01/29/2015Mises Daily Articles
Our daily lives are determined by our choices as individual economic actors. When governments intervene in our personal economics, they intervene in our personal preferences and choices.

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Moving Money Around Won’t Make Us Richer

Booms and BustsMoney and BanksMoney and Banking

01/28/2015Mises Daily Articles
At the individual level, we can't get rich by spending money, but Keynesian stimulus is built on the idea that yes, spending money does in fact make you richer. Unfortunately, it only makes some people richer, not including you.

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Austrians and the Mainstream

Money and BanksHistory of the Austrian School of Economics

01/27/2015Mises Daily Articles
John Cochran discusses his career as an economist and how the academic world has changed for Austrians in recent decades.

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