Ludwig von Mises Institute

Syndicate content Mises Daily : Mises Institute on Austrian Economics and Libertarianism
Mises Daily : Mises Institute on Austrian Economics and Libertarianism
Updated: 1 hour 32 min ago

How Third-Party Payers Drive Up Medical Costs

5 hours 11 min ago

The modern health insurance industry, a by-product of government regulation and tax policy, has led to a system in which the consumer of medical services doesn’t know the costs or final prices charged for services. Without a functioning system of price signals, prices cannot be contained.

A Scottish Libertarian Deconstructs the Vote

20 September, 2014 - 06:00

Jeff Deist and David Farrer deconstruct Thursday’s referendum vote from a libertarian perspective.

Five Lessons Learned from the Scottish Referendum

20 September, 2014 - 06:00

The Scottish campaign exposed elite dread of decentralization while and illustrates anew ongoing trends in the decline of the nation-state.

An International View of Drug Prohibition: An Interview with Mark Thornton

19 September, 2014 - 06:00

In this interview, Mark Thornton discusses his debate on the drug war at Oxford University and provides a view on how drug prohibition is viewed internationally.

Is the UK a “Nation by Consent”?

18 September, 2014 - 06:00

Breaking modern states up into smaller pieces is all for the best, and this would also ultimately lead to more free trade among nations.

Andy Duncan Explains The Charade of Independence for UKIP and Scotland

17 September, 2014 - 06:00

In this transcript of his Mises Weekends interview with Jeff Deist, Andy Duncan handicaps the upcoming secession vote in Scotland and discusses the state of free-market thinking in the UK.

The Taylor Rule Won’t Save Us

17 September, 2014 - 06:00

Taylor's rule also fails to address the fundamental problem of coordinating the actions of many diverse individuals in an economy, so it cannot protect us from malinvestment and bubbles.

The NCAA Racket

16 September, 2014 - 06:00

The NCAA ensures there is no functioning job market for athletes and no competition to which students might go seeking higher pay.

Before Adam Smith There Was Chydenius

15 September, 2014 - 06:00

The work of economist Anders Chydenius, which predates The Wealth of Nations, provided a radically free-market voice for Scandinavia in the 18th century.

The Ethics of Entrepreneurship and Profit

13 September, 2014 - 06:00

In a free market, entrepreneurs profit by providing something of value that people will voluntarily purchase.

Dr. David Howden: Let Banks Fail! (Central and Otherwise)

13 September, 2014 - 06:00

Jeff Deist and David Howden discuss the history of banking in America before 1913, and why American economists all seem to be in thrall to the Fed.

Is Scotland Big Enough To Go it Alone?

12 September, 2014 - 06:00

Some opponents of Scottish secession (and most other secession movements) claim that places like Scotland and Quebec are "too small" to be independent countries. A look at small countries vs. large countries, however, suggests that small countries often perform better economically.

How to Make Goods More Expensive: Target Truckers

12 September, 2014 - 06:00

Government management of the trucking industry has brought raising prices for both consumers and producers who depend on trucking.

A New Austrian Textbook for All Economists

11 September, 2014 - 06:00

Randall Holcombe talks about his new textbook on Austrian economics: “The idea was to write a book for people who already know some economics,” Holcombe says. “But even a student who has only taken an introductory economics course will have enough background to understand what is in the book.”

The Economics of American Pickers

10 September, 2014 - 06:00

American Pickers illustrates Austrian insights such as subjective value and the role of the entrepreneur.

Drug Warriors Claim Colorado Going to Pot

9 September, 2014 - 06:00

Drug warriors rely on bad and manipulated data to make the claim that respecting private property rights in Colorado is “terrible public policy.”

Ten Reasons to Condemn Inflation

8 September, 2014 - 06:00

Increasing the supply of fiat money, also known as inflation, leads to a myriad of social and economic ills.

Böhm-Bawerk: Austrian Economist Who Said “No” to Big Government

6 September, 2014 - 06:00

Böhm-Bawerk defended reason and logic of the market against use of power and the government to acquire what they could not obtain through free competition.

The European Central Bank, Nationalism, and the Euro

6 September, 2014 - 06:00

Jeff Deist and Philip Bagus discuss the history and possible future of the Euro, the ECB under Draghi and nationalist sentiments sweeping some European nations.

Introducing the Mises Curriculum!

5 September, 2014 - 06:00
The 50+ courses in the Mises Curriculum will guide you through Austrian economics, from the action axiom to advanced monetary theory, and through libertarian political philosophy, from the non-aggression principle to advanced libertarian legal theory.