Mises Daily Articles

Displaying 211 - 220 of 6781

State Monopolies Aren’t What They Used to Be

Free MarketsMonopoly and Competition

11/21/2014Mises Daily Articles
States wish to gain monopolies and maintain them in all facets of life, while entrepreneurs strive to offer alternatives to the state. It's our job to prevent the state from simply declaring the competition illegal...

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Woodrow Wilson’s Faith in War

U.S. HistoryWar and Foreign Policy

11/20/2014Mises Daily Articles
Malcolm D. Magee's new book on Woodrow Wilson examines a much-neglected topic: the role of Wilson's religion in his enthusiasm for war and his goal to “conquer, convert, and change the nations.”...

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The Cultural and Political Consequences of Fiat Money

Money and BanksMoney and Banking

11/20/2014Mises Daily Articles
Our global system of fiat moneys favors spenders and borrowers over savers. Low- and moderate-income households who wish to save for the future are at the greatest disadvantage, and this has led to profound cultural changes over the past century.

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Global Irrational Exuberance Enters a New Phase

Global EconomyBusiness Cycles

11/19/2014Mises Daily Articles
The present global plague of asset price inflation is transitioning into a new phase. Some optimistic commentators suggest a benign and painless end to the plague lies ahead, but the evidence suggests otherwise.

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The New Mises.org Is Here!

11/18/2014Mises Daily Articles
The new mises.org is not just a renovation of the old site, but rather a wholly new platform that will serve as the foundation from which we can adopt new innovations in web design, social media, mobile technology, and more.

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Central Banks Are Not Innocent Bystanders

The FedMoney and BanksBusiness Cycles

11/17/2014Mises Daily Articles
The Economist recently opined that interest rates don't affect investment. This claim is based on an empirical study that contradicts what we already know: that lower prices lead to more demand. In the end, the problem lies with the researches who fail to account for the behavior of central...

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Middle-of-the-Road Policy: Lessons from Argentina and Venezuela

Global EconomyWorld HistoryInterventionism

11/15/2014Mises Daily Articles
Ludwig von Mises held that middle-of-the-road policy in economic interventionism eventually leads to widespread socialism. With price controls, protectionism, and rampant inflation, Venezuela and Argentina have proven him right.

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Can Anarcho-Capitalism Work?

Free MarketsPolitical Theory

11/14/2014Mises Daily Articles
The term “anarcho-capitalism” has, we might say, rather an arresting quality. But while the term itself may jolt the newcomer, the ideas it embodies are compelling and attractive, and represent the culmination of a long development of thought...

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What A Divided Berlin Still Teaches Us Today

World HistoryPolitical Theory

11/13/2014Mises Daily Articles
Berlin provides us with an example that comes as close to that of a controlled social experiment as one could probably hope to get.

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Pakistan and the Problem of Military Aid

War and Foreign Policy

11/13/2014Mises Daily Articles
War is the outcome of class conflict inherent in the political relationship — the relationship between ruler and ruled, parasite and producer, tax-consumer and taxpayer. The parasitic class makes war with purpose and deliberation in order to conceal and ratchet up their exploitation of the...

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