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Mises Daily : Mises Institute on Austrian Economics and Libertarianism
Updated: 2 days 16 hours ago

The Fed’s New Labor-Market Measure

21 October, 2014 - 06:00

The Fed has created a new measure of employment that it says it will use to guide monetary policy. Unfortunately, simply knowing employment trends tells us little about whether or not real wealth is being created in the economy.

David Gordon: The Life and Times of Murray Rothbard

21 October, 2014 - 06:00

David Gordon and Jeff Deist discuss Rothbard’s life from an insider’s perspective, his relationship with Mises and the areas where they disagreed, and more.

Do We Need a Lender of Last Resort?

20 October, 2014 - 06:00

Efficient banks have many options for lenders and credit when banking crises hit. It's the inefficient and insolvent banks that must turn to a central bank. But do we really want central banks that reward insolvency and encourage inefficiency?

Reading the Road Map to a Police State

18 October, 2014 - 06:00

Radley Balko examines the history of government policing, lost rights, and the symbiotic relationship between the police state and the war on drugs.

Tom Woods: Champion of Libertarian Dissent

18 October, 2014 - 06:00

This weekend Tom Woods joins us to discuss his new book.

Leonard Liggio, RIP

17 October, 2014 - 06:00

Ralph Raico remembers Leonard Liggio, an eminent scholar and a champion of peace and liberty.

Four Reasons the Bernanke-Yellen Asset-Price Inflation May Be Nearing Its End

17 October, 2014 - 06:00

Once interest rates begin to rise — and rise they must, whether as a result of Fed policy or not — the end of the asset price inflation will be at hand. The result will be another financial crisis and accompanying recession.

An Austrian Economist Reports From a Mainstream Economics Conference

16 October, 2014 - 06:00

Christopher Westley reports from this year's National Association of Business Economists Convention. He finds that the mainstream's intellectual blinders are firmly in place, and that the “fatal conceit” Friedrich Hayek wrote about in 1988 is alive and well in 2014.

Scotland and the Hoppean Blueprint for Secession

2 October, 2014 - 06:00

In its secession effort, Scotland should have employed the methods recommended by Hans-Hermann Hoppe. That is, it should have been done in a decentralized and piecemeal fashion. However, such efforts would have required the Scots to abandon their welfare state.

Against the State: An Interview with Lew Rockwell

2 October, 2014 - 06:00

John Whitehead of the Rutherford Institute talks with Lew Rockwell about his new book, the state, war, police, and education.

Subsidies, Market Prices, and the 2014 Farm Bill

1 October, 2014 - 06:00

2014’s new US Farm Bill eliminates many direct subsidies to farmers, while replacing them with subsidized insurance programs. This will lead to higher costs for taxpayers and distorted markets in the future.

Scottish Referendum Gives Reasons to be Hopeful

30 September, 2014 - 06:00

The smaller the size of government, the less power it has to hobble free enterprise with taxes and regulations.

Economic Isolationism in The Walking Dead

30 September, 2014 - 06:00

In a potentially hostile environment how do we decide if we should trade with strangers? Time preference and the division of labor have a lot to say.

The Japanese Deflation Myth and the Yen’s Slump

29 September, 2014 - 06:00

The Japanese government claims it's still fighting deflation, although there are no signs of it in Japan. Abenomics, however, makes the future of the yen anyone's guess.

Mises’s Contribution to Understanding Business Cycles

29 September, 2014 - 06:00

In The Theory of Money and Credit, Mises provided the basics for the long-sought explanation for that mysterious and troubling economic phenomenon — the business cycle.

Lowering Taxes Is the Only Decent Tax Reform

27 September, 2014 - 06:00

Tax credits and deductions deprive the state of revenue, while allowing greater freedom to taxpayers. As such, they are good things, while closing “loopholes” or eliminating tax credits is a very bad thing. Making taxes more “efficient“ or “fair” only helps governments and hurts taxpayers.

Patrick Barron: Currency Wars and the Death of the Euro

27 September, 2014 - 06:00

Jeff Deist and Patrick Barron discuss what's going on in the EU, how Germany in particular suffers from being yoked to the other Eurozone nations, and what the comeback of the Deutsche Mark might mean for Europe — and for America.

Regulate It First, Learn About It Never

26 September, 2014 - 06:00

Politicians and regulators usually don’t know what they don’t know about everything from health care to your small business, but that sort of compound ignorance won’t stop them from regulating the minutiae of everyday life and commerce.

Is Maleficent an Anarchist Fable?

25 September, 2014 - 06:00

Sleeping Beauty, as retold in 2014’s Maleficent, repeatedly makes the point that the evils of the world come from political power and those who seek it.

Federal Reserve Policies Cause Booms and Busts

25 September, 2014 - 06:00

Richard Ebeling explains the basics of how central banks cause booms and busts.