What Determines a Currency’s Rate of Exchange?
An important factor in setting the purchasing power of money is the supply of money.
Mises Wire
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Did Tariffs Really Cause the American Civil War?
Regional conflicts went far beyond a simple dispute over taxation. For the South, the ends aimed at was the preservation of slavery, and the means they employed to realize these ends was secession.
Just in Time for the Holidays, Reckless States Are Coming for Your Online Purchases
Most states that clamor for taxing online purchases are characterized by their already byzantine tax systems and unsustainable spending programs.
Birthday of a Bloodbath
As communism marks its centennial, we should remember it for what it did best: death.
The Digital Revolution Has Empowered Central Banks
All the hype cannot hide the fact that this digital revolution has not delivered the increase in prosperity of previous technological revolutions.
The Christian Ethics Behind the Pilgrims’ Rejection of Communism
The Pilgrims' original communal property arrangements were foisted upon them by their colonial sponsors.
How to Beam Factories to Mars
Would the option of trading with Earth matter to the Martians? Of course it would — in spite of what Paul Krugman thinks.
Government Didn’t Save Us From Apple’s iPhone “Monopoly”
When new, high-priced products enter the market, it's the market process — and not government — that will bring prices down.
Do We Really Need a Federal Ban on Horse Meat?
The federal government has banned the slaughter of horses, although horse meat was commonly used in the US just a generation ago.
Thanksgiving: Celebrating the Birth of American Free Enterprise
In the wilderness of the New World, the Plymouth Pilgrims had progressed from the false dream of communism to the sound realism of capitalism.
