Mises Daily Articles

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Did You Pay Your "Fair Share" on Tax Day?

Taxes and SpendingInterventionismPrivate Property

04/24/2015Mises Daily Articles
The pro-tax crowd continues to tell us that the rich aren't paying their "fair share" and that the system taxes the poor more than the rich. The opposite is true, although this doesn’t justify more taxes for either the rich or the poor...

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Poverty, Child Rearing, and Government Incentives

Interventionism

04/23/2015Mises Daily Articles
When writing on poverty issues, many commentators emphasize the importance of work and wages, but many cultural factors, including views of family size and child rearing, can have immense effects on generational poverty as well.

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In Saudi Arabia, It’s Looking Bubbly for Skyscrapers and More

Booms and BustsGlobal Economy

04/22/2015Mises Daily Articles
Saudi Arabia is in the midst of a huge spending binge, and among the new projects is what is to be the world's tallest skyscraper. Is this a warning sign of a new financial crisis?...

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Do We Want High Prices or Low Prices?

PricesSubjectivismValue and Exchange

04/21/2015Mises Daily Articles
We’re often told that some prices should be high, and some others should be low. But the real goal should not be high prices or low prices, but a price system that communicates what is valued in society...

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Will the Fed Let Innovation Work Its Magic?

The FedGlobal EconomyMoney and Banks

04/20/2015Mises Daily Articles
In recent decades, the tech sector has brought us newer and better goods and ever-dropping prices. In an unhampered market, the same would happen across the entire economy. But, the Fed won't allow this to happen...

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Inflation, Central Banks, and Business Cycles

The FedMoney and BanksMoney and Banking

04/18/2015Mises Daily Articles
In this lecture from last week's Sound Money seminar at the Mises Institute, Jonathan Newman explains the basics of how the central bank's distortion of interest rates and the money supply brings booms and busts...

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Michel Chevalier’s Case Against the Patent System

World HistoryMonopoly and CompetitionPrivate Property

04/17/2015Mises Daily Articles
Largely forgotten in the English-speaking world today, French laissez-faire economist Michel Chevalier was an early opponent of patents, which he dismissed as a type of monopoly and an obstacle to technological and intellectual progress.

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Is Legal Tax Avoidance Extinct in the UK?

Legal SystemTaxes and Spending

04/16/2015Mises Daily Articles
Since 2010 with the "General Anti Abuse Rule," it's becoming increasingly illegal in the United Kingdom to even minimize one's tax bill through what were once considered to be uncontroversial financial planning techniques...

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Self-Interest Is Not Selfishness

Free MarketsPhilosophy and Methodology

04/15/2015Mises Daily Articles
When Mother Teresa used her Nobel Prize money to fund services for the poor, she was exhibiting "self-interest," but not selfishness. Like virtually everyone else, she used her property to achieve an end she valued, but which benefited others as well...

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Ben Bernanke’s Latest Defense of the Fed’s Failures

The FedMoney and BanksMoney and Banking

04/13/2015Mises Daily Articles
At his new blog, Ben Bernanke is coming up with new excuses as to why the current recovery is so weak and why mega-low interest rates — and thus a lack of options for middle-income savers seeking interest income — aren't his fault...

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