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Mises Daily : Mises Institute on Austrian Economics and Libertarianism
Updated: 2 days 20 hours ago

Nobel Winner Jean Tirole’s Faulty Views on Monopoly

29 October, 2014 - 06:00

Economics Nobel Prize winner Jean Tirole still clings to the old neoclassical model "perfect competition" and monopoly, in which there is no place for entrepreneurship, and which fails to grasp that consumers benefit more from a diversity of goods than a diversity of firms.

More Politics Means More Conflict

28 October, 2014 - 06:00

A recent study shows that one's political views are now the most widespread source of discrimination and conflict in American society.

Could the ‘Taylor Rule’ Have Prevented the Housing Bubble?

28 October, 2014 - 06:00

Tom Woods and Mateusz Machaj discuss the problem with John Taylor's rule for monetary policy.

The Many Ways the State Taxes the Poor

27 October, 2014 - 06:00

Contrary to the political myth, poor people do indeed pay taxes, and they pay into a system that robs them of control over how they can spend, save, or invest their own property. In addition, the poor are taxed by a perverse incentive structure that punishes their financial success.

Obamacare Is Not a Revolution, It Is Mere Evolution

25 October, 2014 - 06:00

Liberty-loving people are right to be appalled by the Patient Protection and Affordable Care Act.

The End of the US Dollar Imperium

25 October, 2014 - 06:00

Mises Weekends: Jeff Deist and Patrick Barron address the issue of monetary imperialism.

Public Accommodation and Social Engineering

24 October, 2014 - 06:00

Public accommodation laws that prohibit discrimination render property rights moot and create a legal system designed to force agreement with the state's official moral code.

Why Money Doesn’t Measure Value

24 October, 2014 - 06:00

Robert Murphy explains why people trade goods, and the role of money.

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.