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Gary Galles

Tags Financial MarketsMonetary Theory

Works Published inMises Daily Article

Gary M. Galles is a Professor of Economics at Pepperdine University and an adjunct scholar at the Ludwig von Mises Institute. He is also a research fellow at the Independent Institute, a member of the Foundation for Economic Education faculty network, and a member of the Heartland Institute Board of Policy Advisors.

His research focuses on public finance, public choice, economic education, organization of firms, antitrust, urban economics, liberty, and the problems that undermine effective public policy. His scholarly articles have appeared in The European Journal of the History of Economics Thought, The American Economist, The Journal of Libertarian Studies, The Journal of Economics and Finance Education, The American Journal of Economics and Sociology, The Atlantic Economic Review, The Journal of Social, Political and Economic Studies, and The Independent Review. He has also authored well over 1,000 articles for general audiences, in dozens of outlets. In addition to his most recent book, Pathways to Policy Failures (2020), his books include Lines of Liberty (2016), Faulty Premises, Faulty Policies (2014), and Apostle of Peace (2013).

All Works

From Bastiat’s Defense of Exchange to Ideal Government

Economic FreedomSocialismTaxes and SpendingWorld History

Blog12/28/2023

Frédéric Bastiat died before he could finish Economic Harmonies, but what he did write is an important promotion of liberty.

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Remembering the Great Henry Hazlitt on His Birthday

CapitalismEconomic FreedomFree Markets

12/13/2023Mises Media
Henry Hazlitt, a great champion of liberty and Austrian economics, was born on November 28, 1894. His most famous book, Economics in One Lesson , remains a best seller thirty years after his death.
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Are Businesses Entitled to a Fair Profit?

Corporate WelfareCronyism and CorporatismEconomic Policy

12/09/2023Mises Media
One of the cliches of the New Deal was that businesses were entitled to a “fair” profit. Leonard Read astutely pointed out that profits (and losses) have nothing to do with “fairness.”
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Silent Cal Had a Lot to Say

Blog12/08/2023

His policies took more than a million people off the income tax rolls, and 98% of Americans paid no income tax at the end of his term. As a result, America prospered under Coolidge. Real economic growth averaged 7% per year while he was in office.

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Understanding Our Disharmony

AntipoliticsCronyism and CorporatismMedia and Culture

Blog12/05/2023

Ostensibly to combat "disunity," political elites have called for Americans to unite over the "public good." However, the policies these elites want to put into place are the very cause of disharmonies in the first place.

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