What Will Cause The Next Recession?
The next recession is going to be caused by making the same mistake of the previous ones: denying the the level to which we've accumulated risk.
Mises Wire
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How to Cure Poverty
Henry Hazlitt explains why President Johnson's "War on Poverty" will fail, and how the market — not government — is the path to prosperity.
Why Profit Is So Important
Profit has nothing to do with exploitation. It is about the most efficient use of real funding or real savings.
Private Sponsorship of Immigrants Is a Viable Alternative
Private sponsorship regimes sidestep the public welfare issue by attaching liability to specific people rather than the state as a whole.
The Yield Curve Accordion Theory
The Fed dictates to markets at least as much as it reacts to markets.
Christmas Tree Protectionism
Breitbart News wants us to panic because many consumers prefer imported Christmas trees. But why shouldn't the consumers be allowed their freedom?
Was Scrooge the Victim in A Christmas Carol?
Scrooge was never mistreated by his nephew, by Cratchit, or by those seeking charitable donations. Scrooge was always free to refuse them all.
What Happened to Protest Art?
Politically-charged pop culture has become both safe and bland.
Is Holiday Gift-Giving Just A Big Waste?
Do gifts destroy value? Is holiday gift-giving just a big waste?
Consumers Are Smarter than Bureaucrats Think
The government doesn't think you can make good choices voluntarily. So it's happy to step in and force you to make "better" choices.
