100 Years of Myths about Standard Oil
May 15 is the 100th anniversary of the most famous antitrust ruling in US history — the 1911 Standard Oil case, and the 100 years of myths it engendered.
Mises Daily
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The Road to Taxi Serfdom
The New York City mayor has decreed the Nissan NV200 minivan will become the official taxi of the city. In addition to illustrating the corrupting effects of political power, the episode underscores the economic problems of government ownership of roads.
The Endless Sufferings of Cairo, Illinois
The US Army Corps of Engineers blew up a levy to spare the town of nearly 3,000 — while flooding 200 square miles of farmland.
Macro Confusion: Inflation, Commodities, and the Fed
The fact is that it is their money pumping that is driving both GDP growth and commodities prices — but not the real economy.
The Blessing and Curse of Banking
Money was never seen so abundant in Rome. What was the result? All this money plunged the Romans into luxury and into all sorts of crimes to pay for it.
It Can Happen Anywhere
Key to the explanation for Nazi Germany and current America is the steady and profound reshaping of society's institutions, from the school system to law enforcement, from the courts to the hospitals.
Ayn Rand and Objectivism
The course is primarily designed for those who would like to learn the essentials of Rand's thought.
Arthurdale as a Board Game for FDR’s Players
"What you are doing is an experiment, and it isn't right to experiment on people."
The Triumph of Technology over Government Planning
Technology is the enemy of bureaucrats and dictators. By freeing people from centralized control, technology gives them power over their own lives.
When Capital Is Nowhere in View
Some say that we should grow our own food, buy locally, keep firms small, eschew modern conveniences like home appliances, go back to using only natural products, expropriate wealthy savers, and harass the capitalistic class. This paradise has a name, and it is Haiti.
