Mises Wire

The Ethics of Externalities

Free MarketsPhilosophy and Methodology

09/28/2019Mises Daily Articles
According to the usual justification for government regulation of externalities,almost everything we do is ripe for regulation. Even worse, regulators never admit their prohibitions prevent an incalculable number of positive externalities.
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Trade Restrictions Are an Assault on the Individual's Human Values and Rights

Protectionism and Free Trade

Blog09/27/2019

Today's tariff policy relies on the fanciful idea that politicians can pull the right levers to make the economy more efficient or more just. As always, the idea is based on fantasy.

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Three Cheers for Mises

Blog09/27/2019

The Mises Institute has no billionaire backers, no grants from government, and no deep-pocketed foundations. Donate today!

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The Trade "War" Is Only Making War on Our Freedoms

Blog09/27/2019

Governments love to use war analogies, framing themselves as the heroes fighting the bad guys. But when it comes to trade wars, governments are the bad guys, and individuals are the victims.

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The Failure of the Welfare State: The Case of Argentina and Brazil

Global Economy

Blog09/26/2019

The crisis-ridden welfare states of South America show us that the fabled "third way" to economic prosperity is not quite the cure-all we're told it is.

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There Are Two Sides to Every Trade. And Both Sides Benefit.

Protectionism and Free Trade

Blog09/25/2019

In a globalized world, nearly every product or service relies on products and services from somewhere else.

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The Brexit Battle Shows Democracy Is Only Allowed When the Regime Likes the Outcome

Blog09/24/2019

Democracy is only allowed when the voters vote "correctly" according to the ruling classes. "Wrong" decisions will trigger court rulings voiding the vote. Or we'll just keep voting until people get it "right."

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The Difference Between "Business Fluctuations" and a Recession

Booms and Busts

Blog09/24/2019

Business owners have always made errors, and external factors can lead to economic crises of various sorts. But the cyclical pattern of booms and busts we now see are a result of government interventions not seen in a free marketplace.

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