Ludwig von Mises Institute

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Mises Daily : Mises Institute on Austrian Economics and Libertarianism
Updated: 6 days 3 hours ago

Central Banks are Not Innocent Bystanders

17 November, 2014 - 07:00

The Economist recently opined that interest rates don't affect investment. This claim is based on an empirical study that contradicts what we already know: that lower prices lead to more demand. In the end, the problem lies with the researches who fail to account for the behavior of central bankers.

Middle-of-the-Road Policy: Lessons from Argentina and Venezuela

15 November, 2014 - 07:00

Ludwig von Mises held that middle-of-the-road policy in economic interventionism eventually leads to widespread socialism.

Can Anarcho-Capitalism Work?

14 November, 2014 - 07:00

The term “anarcho-capitalism” may jolt the newcomer, the ideas it embodies are compelling and attractive, and represent the culmination of a long development of thought.

What A Divided Berlin Still Teaches Us Today

13 November, 2014 - 07:00

Berlin provides us with an example that comes as close to that of a controlled social experiment as one could probably hope to get.

The Case for Optimism

12 November, 2014 - 07:00

The state seems more powerful than ever, but the state is both economically and intellectually unsustainable. We’re already witnessing a breakdown in the state’s legitimacy and power, and we should be optimistic about seeing more of this in the future.

The Economics of Tipping

12 November, 2014 - 07:00

Tipping solves multiple economic problems while making employers more likely to hire untried workers.

Pakistan: A Victim of Centralization

11 November, 2014 - 07:00

Since the 1950s, the United States has helped build and prop up Pakistan's socialist military corporate state.

War Making and Class Conflict

11 November, 2014 - 07:00

The parasitic class makes war with purpose and deliberation in order to conceal and ratchet up their exploitation of the much larger productive class.

Pakistan and the Problem of Military Aid

11 November, 2014 - 07:00

Since the 1950s, the United States has helped build and prop up Pakistan's socialist military corporate state.

How Macroeconomic Data Encourages Government Intervention

10 November, 2014 - 07:00

Entrepreneurs need very specific information about their products, markets, customers, and profits. Government macroeconomic data, however, does nothing to assist entrepreneurs to obtain this important information, but only helps justify economic intervention.

Why The Theory of Money and Credit Is More important Than Ever

8 November, 2014 - 07:00

Mises’s The Theory of Money and Credit still offers the clearest analysis and understanding of booms and busts, inflations, and depressions.

Bob Murphy: The Fed's Stock Market Casino

7 November, 2014 - 07:00

Jeff Deist and Robert P. Murphy address the vital topic of Fed interference in financial markets. Are the global equity and bond markets a charade, engineered by monetary expansion and destined to collapse like a house of cards?

The Economics Behind the Fall of the Berlin Wall

7 November, 2014 - 07:00

Much of the media discussion around the twenty-fifth anniversary of the Berlin Wall’s fall will focus on American military politics and the politicians of the time. But to truly understand why the Soviet system in Eastern Europe collapsed, we must look to Mises’s pioneering work on economic planning.

The End of QE Is Not the End of Bad Policy

6 November, 2014 - 07:00

The Fed has ended QE. The data shows that the Fed's policies will continue to ensure malinvestments, instability, bust, and economic displacement.

Socialism and Other Crimes in Venezuela

5 November, 2014 - 07:00

Venezuela is one of the most economically unfree countries in the world.

Deficit Spending Is the Government's Perfect Weapon

5 November, 2014 - 07:00

A perpetual and unlimited debt brings the cheapening of money and then inflation, whereby the middle class is economically murdered in its sleep.

If We Quit Voting

4 November, 2014 - 07:00

Frank Chodorov explains what voting abstinence means.

How Wilson and the Fed Extended the Great War

4 November, 2014 - 07:00

With European powers broke and economically ailing by 1916, World War One would have ended much sooner had the Federal Reserve and its cronies not stepped in to help England and France keep the bloodshed going. Meanwhile, US economic intervention led to a huge post-war bust in America.

Moral Hazard and Socialism in Collective Security Agreements

3 November, 2014 - 07:00

Collective security agreements allow many countries' politicians to shift the cost of national defense to taxpayers outside their own countries.

American Tariffs and Wars From the Revolution to the Depression

1 November, 2014 - 06:00

Tariffs have played an important role in American wars, imperialism, and crony capitalism throughout US history.