The World According to de Jasay
In any given context, the state is either unnecessary or impossible.
Mises Daily
Displaying 2211 - 2220 of 6742
Do We Really Need a Minimum Wage?
In the 73 years since the passage of the FLSA, the federal minimum wage has been increased 28 times and decreased only once (in 1963).
What Drives Higher Unemployment?
In an unhampered free-market system, the Ricardo effect is benign and progressive. It is just an interesting observation.
Woods on Mad Hatter Economics
If such a second American Revolution should ever come to pass, Thomas Woods could even match his namesake Thomas Paine.
Should There Be Shop-Closing Laws?
After decades of strict laws regulating when stores can open and close in Germany, the laws are progressively liberalizing.
Problems with the Cost Theory of Value
The cost theory could not explain what actually forms spot prices on any given day. The Austrians had a better theory. This was an unambiguous advance in the science of economics, analogous to the superiority of Einsteinian relativity over Newtonian mechanics.
The Good Krugman
Throughout Pop Internationalism, Paul Krugman makes a great case for how free trade and the global economy raise the living standards for everyone.
The Sources of New Deal Regime Uncertainty
The Roosevelt administration proposed and Congress enacted an unparalleled outpouring of laws that significantly attenuated private-property rights.
The Power of Persuasion
What they were interested in was a collection of issues that included the right to own gold and the abolition of the military draft.
Paranoia Is Good for You
Privacy rests on the assumption that an individual has a right to shut his front door and tell other people (including the government) to mind their own business. This is a presumption of innocence. It is also the bedrock of civil society.
