Freedom Is Free
Many people imagine that authoritarian regimes have an advantage over free societies because they can force people to conform to a rational plan.
Mises Daily
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Keynes and the Pyramids
Keynes loved the pyramids. The attempt to rehabilitate the reputation of the pyramid project is part of a larger cultural effort to prop up the respectability of government in general and the nation-state in particular.
The Plight of the MBA Generation
They did what they were supposed to do. Now, they have few job options at all.
The Economics of Slushy Drinks
At $3 a pop, these little things seem like a rip-off. Yet consumers keep buying under the right conditions: mostly sports events for kids. What's more, competition isn't pushing the price down. Let us see how this all makes sense from an economic point of view.
Looking Hard at Pictures of the Socialistic Future
The tragedies of 20th-century socialism are made more horrible by the fact that some people understood, predicted, and warned.
Six Fundamental Errors of the Current Orthodoxy
What they don't understand: aggregation, relative prices, interest rates, capital structure, money pumping, and regime uncertainty.
The Sphinx Speaks!
Why should we care about his predictions concerning the economy or his recommendations for how to end the slump? The answer, of course, is that the Federal Reserve has the power to destroy the world economy.
Is There Hope for Liberty in Our Lifetime?
What we can do to advance liberty is to work on the one unit of society we’re actually capable of improving.
Why Unions Oppose Pay Incentives
When unions oppose the general policy of extra pay for extra work, as under incentive or piecework payment, they are merely extending the practice of featherbedding.
The Wicked Work of Medical Patents
Patents are one of many driving forces behind rising medical costs. It is not just MRI machines.
