TAG: Unlimited Insurance, Unlimited Risk

Audio/VideoOctober 26, 2012
Presented at the Mises Circle in Manhattan, hosted by the Ludwig von Mises Institute and sponsored by the Story Garschina Charitable Fund, and Anonymous Donor. Recorded on Friday, 14 September 2012, at the Metropolitan Club in New York City.

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Roy Bhaskar

Obfuscation Unlimited

BlogNovember 20, 2014
The philosophy of Roy Bhaskar, who died November 19, would ordinarily hold little interest for readers of the Mises Blog.

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Power Unlimited: The Corruption of Union Leadership

BooksNovember 22, 2008
A report on the May 1957 Hearing of the Senate Select Committee to Investigate Improper Activities in Labor-Management Relations.

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The Mises Circle in Manhattan 2012

Central Banking, Deposit Insurance, and Economic Decline: The Mises Circle in Manhattan


September 14, 2012The Metropolitan Club, New York City

Sponsored by The Story Garschina Charitable Fund, and Anonymous Donor Join our extraordinary speakers for a seminar and luncheon about free market solutions to central banking, deposit insurance and the economic decline of what was once a...

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Why Health Insurance?

BlogOctober 21, 2009

What people need is health care. Yet on both (or every) side of the current health care debate the discussion centers on how people will obtain insurance, not how people will obtain health care. Why is it assumed by everyone that a third-party payer should be the primary way that people pay for...

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4.4. Unlimited Dependence on the Discretion of Government Bureaus

Audio/VideoMay 2, 1944
In the bureaucratic environment the entrepreneur must resort to two means: diplomacy and bribery.

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The Unlimited Power of Suppressing the Interest Rate

Mises DailyJuly 27, 2010
The ensuing debasement of the currency is the economically devastating outcome of central banks' unlimited power to suppress the interest rate. This, in turn, is the result of the government taking full control over money production...

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Secrets About Money That Put You at Risk

BooksFebruary 1, 2010
The Basic Things About Money and Wealth You Must Know And Probably Do Not Why is Money… (a) the thing that most of us worry about the most, and (b) the thing that you understand and were educated in school about the least? Why do otherwise educated people tragically say: "I really do...

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Review of Lives at Risk: Single-Payer National Health Insurance Around, by John Goodman, et al., and Miracle Cure: How to Solve America's Health Care Crisis and Why Canada Isn't the Answer, by Sally Pipes

Institute Publications
The return of true free-market health care institutions will never be through the incrementalism of small tax changes and medical-savings accounts that Goodman et al., and Pipes envision.

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Risk, Uncertainty, and Profit

BooksJanuary 27, 2010
Knight's groundbreaking study of the role of the entrepreneur in economic life...

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Theory of Money and Fiduciary Media

BooksMarch 13, 2013
Edited by Jörg Guido Hülsmann, the essays here presented provide insights for understanding the economic crises of our own time.

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A Half-Right Monetary Reform for Iceland

Mises DailyApril 28, 2015
A recent report commissioned by the prime minister of Iceland calls for limits on the money supply through ending fractional reserve banking and deposit insurance. Unfortunately, the report also calls for nearly unlimited control of the money supply by the central bank.

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Triumph of Gold

BooksOctober 9, 2012
to preserve our free society and human freedom. We shall have sound money or we shall cease to be free. Only the discipline of the gold standard will insure us sound currencies and a workable international monetary system, both essential to the preservation of the free world.

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2. Resource-Using Activities: Government Ownership versus Private Ownership

Online Text Page from Power and Market: Government and the Economy, Ch. 5. Binary Intervention: Government Expenditures

The bulk of government activities use resources, redirecting factors of production to government-chosen ends. These activities generally involve the real or supposed supply of services by government to some or all of the populace. Government functions here as an owner and enterpriser.

4. High-Frequency Trading: A Note on Spot vs. Future Trades, Property Rights, and Settlement Risk by Guillaume Vuillemey

Online Text Page from The Next Generation of Austrian Economics: Essays in Honor of Joseph T. Salerno, Ch. I. Money

Textbook* descriptions of financial markets draw a clear and seemingly unambiguous distinction between spot and future transactions. Whereas future transactions are often confined to derivatives markets, everyday trades on stocks, bonds or other assets are said to be spot.