Mises Daily

Economic Stagnation and the Global Bubble

Mises DailyJuly 1, 2015
Despite massive policy stimulus in the United States, the US economy is now growing far more slowly than in past periods of monetary inaction from the central bank. Meanwhile, fragile economic bubbles are being inflated from China to Europe.

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No End in Sight For Higher-Education Malinvestment

Mises DailyJune 30, 2015
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

Mises DailyJune 29, 2015
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

Mises DailyJune 27, 2015
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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Baltimore’s Unemployed and the True Cost of Minimum Wages

Mises DailyJune 26, 2015
Advocates for minimum wage mandates say they won't cause unemployment if done a little at a time. But if that's the case, why isn't Baltimore, with its myriad of wage laws, an engine of job growth?...

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Dumping the Euro Isn’t a Cure-All: Easy Money Lets Governments Avoid Free-Market Reforms

Mises DailyJune 25, 2015
The euro is an inflationary fiat currency, but it’s apparently not inflationary enough for many profligate European governments that want their own local currencies so they can inflate even more, and use easy money to temporarily cover up many economic sins...

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The Pope Should Listen to Tom Woods

Mises DailyJune 24, 2015
Tom Woods’s book The Church and the Market revolutionized the economics debate among Catholics, and it explained how religion cannot replace economic science any more than it can replace physics. Understanding reality, and how to seek religious ends within it, depends on good science...

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Soft Tyranny in Albuquerque: The Politics of Better Call Saul!

Mises DailyJune 23, 2015
Better Call Saul , a spinoff of mega-hit Breaking Bad , explores the many ways that government spies on us to control and ruin our lives. In response, many turn to making a living through less-than-honest means because so few options are left to them.

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Why Shareholders Are Better Than Corporate "Stakeholders"

Mises DailyJune 22, 2015
Business schools now often tell students that shareholders are socially irresponsible by seeking only profit and ignoring the “stakeholders in the community.” But in practice, owners must be respectful of many outside groups (such as employees and vendors), to be profitable...

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I Am the Very Model of a Modern US President

Mises DailyJune 20, 2015
In this re-imagining of the Gilbert and Sullivan tune "I Am the Very Model of a Modern Major-General," Julian Adorney explores the American presidency and the discouraging lack of variety among successful candidates...

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