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Did Hayek Really Say that Free Markets Make Consumers Better Informed?

Blog01/12/2018George Pickering

The price system conveys the relevant information about the supply and demand for different goods on the market to help consumers better economize.

De-Homogenizing Cryptocurrencies

Money and Banks

Blog12/15/2017Demelza Hays

Over 1000 different cryptocurrencies exist, and their uses and values can vary considerably.

Do Graduate Degrees Produce Value?

Blog12/13/2017Peter G. Klein

The case for not taxing tuition waivers is the same as the case for not taxing anything else. There's nothing magical about graduate degrees.

Defending the Undefendable: The Slum Lord

Free MarketsFrom the Archives

Blog12/11/2017Walter Block

Slum housing is a problem when the inhabitants live there of necessity — not wishing to remain there, but unable to afford anything better.

Double Your Gift to the Mises Institute at No Cost!

Blog12/01/2017Mises Institute

Gary Schlarbaum, one of our generous supporters, has again offered to match all donations received through December 9.

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Dictators Fall, but States Remain: Zimbabwe's (Already) Missed Chance

Free MarketsSocialismWorld History

Blog11/27/2017Carmen Elena Dorobăț

A pivotal and far-reaching transformation for Zimbabwe. How can one know that things won’t change?

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Don't Close the Tax "Loopholes"

Taxes and Spending

Blog11/27/2017Laurence M. Vance

Closing so-called tax loopholes simply increase the tax burden for many Americans, and are hardly to be praised.

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Did Tariffs Really Cause the American Civil War?

Taxes and SpendingU.S. History

Blog11/25/2017Chris Calton

Regional conflicts went far beyond a simple dispute over taxation.

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Biden Can Now Launch the Nukes and Unleash World War III Whenever He Feels Like It

Ryan McMaken

The power to incinerate a billion or more human beings over morning coffee remains in the power of the president. This morning Biden supporters on Twitter were ecstatic over the video of the nuclear launch equipment being handed over to Biden.

The Unwelcome Return of the Real Purveyors of Violence

Ron Paul

It’s hard to be optimistic about a Biden administration with so many hyperinterventionist Obama retreads. Get ready for new wars and "regime change" operations.

Unintended Consequences: Some Problems with National Income Accounting

David Howden

It's not that we need to rid ourselves of the baggage of macrostatistics completely. Rather, we need to 1) critically assess whether they are appropriate, if so, 2) for what role, and finally 3) whether they are consistent as a tool we can use to tell the story we want.

Halfway to Secession: Unity on Foreign Policy, Disunity on Domestic Policy

Ryan McMaken

Expect opponents of secession and decentralization to start claiming that neither option is acceptable because any big change to the status quo could endanger American "strength" in foreign policy. Don't listen to them.