Mises Daily Articles

Displaying 1 - 10 of 1913

The Regulatory-Industrial Complex

Free MarketsInterventionismOther Schools of Thought

05/17/2019Mises Daily Articles
In every administration, the tools of inflation, borrowing, taxation, and regulation are used to transfer wealth from the people to the government.
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The Case Against the Market Economy

Free MarketsInterventionismOther Schools of Thought

05/13/2019Mises Daily Articles
The objections raised against the market economy are based on very bad economics.
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The Rejection of Economics

Free MarketsHistory of the Austrian School of EconomicsPraxeologySubjectivism

04/15/2019Mises Daily Articles
All human action stems from the value judgments of individuals. Economics, properly understood, was never so foolish as to believe that all that people are after is higher incomes and lower prices.
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The Major Contributions of the Scholastics to Economics

EducationFree MarketsGlobal EconomyHistory of the Austrian School of Economics

04/08/2019Mises Daily Articles
The Scholastics were constrained in their development of economics by considerations of deference to authority and by the relatively slow development of the external economic conditions upon which to reflect.
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This Way Toward Equality

Free MarketsMedia and CultureEntrepreneurshipInterventionism

03/26/2019Mises Daily Articles
Equalization of incomes can be accomplished only by moving down the road toward serfdom.
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The "State of Nature" Is a State of Poverty

World HistoryHistory of the Austrian School of EconomicsInterventionismOther Schools of Thought

03/23/2019Mises Daily Articles
There is a persistent myth that capitalism has destroyed what would have been a natural abundance and peace of mind. Yet nature does not generate abundance or peace. The characteristic mark of the "state of nature" is irreconcilable conflict.
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The Trouble With Socialist Anarchism

03/19/2019Mises Daily Articles
Murray Rothbard was an advocate of the stateless society, but he was never accepted by the anarchist movement and is still considered more a "capitalist lackey" than anarchist thinker.
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The Birth of a Monster

The FedMoney and BanksMoney and Banking

02/16/2019Mises Daily Articles
As flaws in the system of fractional-reserve free banking began to appear, private central bank-like institutions known as clearinghouses sprang up, and they helped pave the way for the Fed.
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The Bureaucracy Problem

The EntrepreneurFree MarketsInterventionism

01/30/2019Mises Daily Articles
The price system performs the crucial function of transmitting knowledge throughout the society and thereby eliminates the need for bureaucracy.
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The Upside-Down World of MMT

Other Schools of Thought

01/23/2019Mises Daily Articles
Modern Monetary Theory (MMT) is a hip economic/financial paradigm apparently sweeping a world unsatisfied with mainstream economics.
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