Mises Daily Articles

Displaying 31 - 40 of 6781

Portugal’s Experiment in Drug Decriminalization Has Been a Success

HealthThe Police StateInterventionism

07/10/2015Mises Daily Articles
Fourteen years ago, when Portugal decriminalized most illegal drugs, drug war proponents claimed the move would drive Portugal into chaos. Today, Portugal has the second-lowest death rate from illegal drugs in Europe with no sign of chaos on the horizon.

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Lenin and Marx: Sound Money Advocates?

Money and BanksWorld HistoryMoney and Banking

07/09/2015Mises Daily Articles
Surprisingly, Marx and Lenin were occasionally insightful when it came to the problems and consequences of fiat money in the economy. In principle, they opposed unbacked currency. But of course, once communists seized political power, those principles went right out the window.

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Greece’s Biggest Problem Is Its Anti-Capitalist Culture

Global EconomyInterventionismMoney and Banking

07/08/2015Mises Daily Articles
Like Argentina and Venezuela, Greece's economy is plagued not just by institutional problems, but by a pervasive anti-capitalism that continually cripples the ability of individual Greeks to build wealth and a solid economy...

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Jurassic World: Don't Blame It On The Market

Media and CulturePricesValue and Exchange

07/07/2015Mises Daily Articles
Jurassic World is the latest film to portray deadly disasters supposedly caused by profit-seeking run amok. But would the private sector really produce a super-smart dinosaur that is likely to eat many of the customers?

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Greek Taxpayers Facing a Future of Debt Slavery

Global EconomyMoney and BanksMoney and Banking

07/06/2015Mises Daily Articles
The Greek government has spent freely for many years to enrich itself and its special interests at the expense of taxpayers. And now, it is not the Greek politicians who will suffer, but the taxpayers who face a future of unending debt payments.

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Five Laws to Repeal on Independence Day

Big GovernmentU.S. HistoryInterventionism

07/04/2015Mises Daily Articles
The Constitution of 1787 represented a counter-revolution against the Declaration of Independence and what it represented. Naturally, many acts of Congress under this Constitution have done even more to undo the Spirit of 1776 since then. Here are a few of the worst.

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What’s Driving Bolivia’s Booming Economy

Global EconomyEntrepreneurshipInterventionism

07/02/2015Mises Daily Articles
Much of Bolivia's alleged socialist miracle relies on the commodity boom, but there is a real laissez-faire element behind the boom, too. Bolivian President Evo Morales is allowing Bolivia's small-businesses and informal economies to truly thrive and grow...

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No End in Sight For Higher-Education Malinvestment

Booms and BustsPrices

06/30/2015Mises Daily Articles
Thanks to the higher-education bubble, times are great for those who make money off of college students. Tuition continues to climb while a building boom produces expensive new housing and classrooms. Meanwhile, the students themselves may not be getting their money's worth...

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Frédéric Bastiat’s Economic Sophisms Is Now More Important Than Ever

History of the Austrian School of EconomicsPhilosophy and MethodologyPolitical Theory

06/29/2015Mises Daily Articles
Frédéric Bastiat would have turned 214 today. Although primarily remembered for The Law , Bastiat's book Economic Sophisms , filled with Bastiat's unique wit, and his ability to destroy bad economic theories, is as timely as ever...

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Self-Determination and Secession

Decentralization and SecessionWorld HistoryPolitical Theory

06/27/2015Mises Daily Articles
Sardinia has a long history of agitating for secession from Italy. Now some Sardinians want to secede form Italy in order to become a new region of Switzerland. Ludwig von Mises defended this "secede-and-join" tactic and called it "self-determination."...

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