Mises Daily

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For WHO, Red Meat Is a Red Herring

Mises DailyNovember 5, 2015
The World Health Organization has declared that eating meat will kill you. But the WHO's war on meat is not really about your health. It's about "saving the planet" from the latest industry that has been deemed "unsustainable" by global elites...

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The Fed Desperately Tries to Maintain the Status Quo

Mises DailyNovember 4, 2015
Given the current state of the economy, and the state of the Fed's Federal Open Market Committee, the Fed appears quite unlikely to raise interest rates any time soon. But what will it do if the economy starts to really go south?...

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How Beijing and the West Work Together to Manipulate the Global Currency War

Mises DailyNovember 3, 2015
Historically, reserve currencies have arisen without the help of the IMF, but we’re now witnessing a situation in which the IMF may declare the Chinese yuan a “reserve currency” as part of a larger game by global elites to manipulate global exchange rates...

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Why We Need Private Property to Deal with Scarce Resources

Mises DailyNovember 2, 2015
Without markets, there is no way to manage scarce resources, and this includes natural resources like forests. Only markets can provide the sort of balanced long-term planning necessary to both utilize and preserve natural resources.

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The Mises Week in Review: October 31, 2015

Mises DailyOctober 31, 2015
The Fed's Federal Open Market Committee renewed its commitment to easy money this week. The Fed will pretend to be committed to raising rates while doing nothing, and its ongoing war against deflation will continue to make us poorer...

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The World Bank Threatens Free Markets in Peru

Mises DailyOctober 30, 2015
Thanks to enterprising Peruvians who ignore the regulatory state, Peru continues to see growth in the standards of living of its citizens. Unfortunately, the global elites behind the World Bank are determined to regulate and "modernize" Peru until this entrepreneurial spirit is destroyed...

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Today's War Against Deflation Will Make Us Poorer

Mises DailyOctober 29, 2015
The problem with the central bank's easy-money policies is not primarily that it leads to rising prices. The big problem is that it leads to the crippling of the wealth creation process and the movement of resources from productive to non-productive sectors...

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The War on Cars Is a War on Workers and the Poor

Mises DailyOctober 28, 2015
Government planners are fond of dreaming up new ways to force people out of their cars. But automobiles have long been a boon to ordinary working people who can access less expensive goods and better jobs because of them.

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Robert Shiller Imagines What Consumers Should Want, While Ignoring What They Do Want

Mises DailyOctober 27, 2015
Neoclassical economists make too many assumptions and decree that the desires of consumers must conform to some external definition of what's "rational." But consumers like to decide for themselves what they want, and when they want it...

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The Fed Can’t Raise Rates, But Must Pretend It Will

Mises DailyOctober 26, 2015
The Fed has a difficult balancing act. To maintain the current easy-money induced boom, it must not raise rates. But at the same time, it must also act as if it might raise rates some day, or savers will abandon the credit markets.

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