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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. He is the author of The Apostle of Peace: The Radical Mind of Leonard Read.


All Works

It's Not In Your Self-interest to "Vote Yourself a Raise"

StrategyPolitical Theory


Free lunches are not really free, even to those who vote for them. There are other reasons to vote against getting "free stuff," too.

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Ignorance Is More Costly in Politics than in Markets

The EntrepreneurCalculation and KnowledgePolitical TheoryValue and Exchange


Not understanding how politics works will prove to be much more harmful than ignorance about how markets work.

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Learning from the British Election of 1722

U.S. HistoryWorld HistoryPolitical Theory


Cato's Letters 69 and 70 focused on the British election of 1722. But they also provide useful insights Americans should consider this November.

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The Trumped-Up Myths Behind "Trickle-Down" Economics

The EntrepreneurTaxes and SpendingPolitical Theory


The critique of "trickle-down" economics relies on a mistaken zero-sum view that more income for some must reduce incomes to others.

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No, Unions Don't Increase Everyone's Wages

U.S. EconomyPolitical Theory


Contrary to the common myth, labor unions mean fewer jobs and more competition among workers.

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