Mises Daily

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Tax-Loving Conservatives

Mises DailyJuly 16, 2012
Hamilton wanted higher federal debt because he wanted investors in government IOUs to commit to the survival of the US government itself.

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Who Owns Water?

Mises DailyJuly 16, 2012
We now have a libertarian benchmark to apply to the difficult problem of water ownership.

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Let Unsound Money Wither Away

Mises DailyJuly 13, 2012
A bank deposit is not itself money and will only be paid and received in lieu of money as long as the public does not have the slightest doubt in the banks.

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The Crippling Nature of Minimum-Wage Laws

Mises DailyJuly 13, 2012
There is only one way to regard a minimum-wage law: it is <em>compulsory unemployment</em>, period.

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Fractional Reserves and Economic Instability

Mises DailyJuly 12, 2012
Better economists recognize fractional-reserve banking as a major source of financial and economic instability.

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The Many Collapses of Keynesianism

Mises DailyJuly 12, 2012
It is obvious to everyone but the most dedicated adherent of Keynesianism that the stimulus did not accomplish its end.

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Modern Banking’s Fatal Flaw

Mises DailyJuly 11, 2012
The current financial crisis is no accident. It is the predictable and logical result of fractional-reserve banking and the symbiosis between politics and banking that make this system possible. Only a return to legally sound banking principles can remedy this unfortunate situation.

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Mr. Molyneux Responds

Mises DailyJuly 11, 2012
Last week, I reviewed, in not altogether favorable terms, Stefan Molyneux's book Universally Preferable Behavior . The author has replied...

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The Road to Totalitarianism

Mises DailyJuly 11, 2012
The greatest threat to American liberty today comes from within. It is the threat of a growing and spreading totalitarian ideology.

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Yet Another "Operation Twist"?

Mises DailyJuly 10, 2012
The Fed's plan will fail: a fall in interest rates cannot cause the economy to grow...

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