Mises Daily Articles

Displaying 1 - 10 of 54

Understanding True Credit and False Credit

Money and BanksMoney and Banking

03/05/2015Mises Daily Articles
True credit can only expand if the stock of real savings and real wealth expands. Unfortunately, fractional reserve banking and central banks facilitate the expansion of false credit which diverts resources from true wealth producing activities.

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Understanding "Quid Pro Quo"

Free MarketsValue and Exchange

10/23/2014Mises Daily Articles
The terms "quid pro quo" has been twisted to now include government handouts and state-mandated exchanges, so long as the value of goods trading hands are deemed to be of "equal value." True voluntary exchange, on the other hand, is something quite different...

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US Sanctions on Russia May Sink the Dollar

War and Foreign Policy

08/14/2014Mises Daily Articles
The US government’s decision to apply more sanctions on Russia is a grave mistake and will only escalate an already tense situation, ultimately harming the US economy itself...

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Unemployment and A Tale of Two Financial Crises

Booms and BustsThe FedInterventionism

06/10/2014Mises Daily Articles
Politicians won’t admit that quantitative easing and fiscal stimulus have unquestionably failed to produce a rapid recovery over the past five years...

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Unshackling the Fed

U.S. HistoryMoney and BankingPolitical Theory

06/19/2013Mises Daily Articles
The very idea that the FOMC would function as faithful monetary eunuchs was sheer fantasy.

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Understanding Comparative Advantage

Calculation and KnowledgeHistory of the Austrian School of Economics

02/22/2013Mises Daily Articles
The people of Kansas are better than the people of Freedonia, both at producing toothpaste <em>and</em> zebras. What to do?

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Understanding Liberal Democracy

Philosophy and MethodologyPolitical Theory

11/21/2012Mises Daily Articles
Nicholas Wolterstorff assails a vastly influential school of thought in a way that libertarians will find useful.

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US Gone to Pot, but Not Completely

Free MarketsInterventionism

11/12/2012Mises Daily Articles
The people of Colorado and Washington voiced their opposition to the federal government's policy of marijuana prohibition...

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Unsafe at Any Blood Pressure

Free MarketsInterventionism

10/25/2012Mises Daily Articles
We are stuck with another situation in which one form of government intervention creates unintended consequences that require further interventions.

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