Mises Wire

Mises Daily Friday by Louis Rouanet:

Largely forgotten in the English-speaking world today, French laissez-faire economist Michel Chevalier was an early opponent of patents, which he dismissed as a type of monopoly and an obstacle to technological and intellectual progress.

With the excitement surrounding yesterday’s release of J.J. Abram’s new Star Wars trailer, it is worth taking a look back to one of the best pieces of economic satire since Frédéric Bastiat’s famed Candlemakers’ Petition.

Writes Xiong Yue:

The translation of the Chinese version of In Defense of Deflation by Prof.Philipp Bagus has been finished.

We often focus on the fact that abolishing cash abolishes the last remnants of financial privacy. But of course, abolishing cash also increases the Fed's ability to manipulate the economy with negative interest rates. 

Philipp Bagus, author of The Tragedy of the Euro, has completed a new book In Defense of Deflation, now available at Amazon. 

Here's a quick list of tax readings from the Mises Institute.

The quality of economic journalism in the United States is terrible.

A couple of careful readers wrote to inform me that the Louisiana law banning secondhand dealers from engaging in cash transactions, which I implie

A friend cheekily reminds me that today is National Pecan Day and innocently suggests that I might want to “

So what is actually behind the push to maintain SNAP in its current form? Mr. Vilsack reveals this—it is Big Food, as represented by the National Grocers Association and the Food Marketing Institute—along with all other secondary beneficiaries from the spending.