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Higher Ed Cronyism in Serbia: A Case Study

15 augustus, 2014 - 06:00

If the payoff is high enough, universities are happy to award degrees based on political connections.

US Sanctions on Russia May Sink the Dollar

14 augustus, 2014 - 06:00

US sanctions against Russia are just the latest incentive for the world's economies to avoid dealing with the dollar.

Government Spending and Negative Interest Rates

14 augustus, 2014 - 06:00

The European Central Bank has gone over to negative interest rates as part of its plan to avoid deflation at all costs. But negative interest rates also have the convenient side effect of encouraging more investment in government bonds, which enable more government spending.

Carl Menger’s Revolution

13 augustus, 2014 - 06:00

Menger, Walras and Jevons are credited with creating the marginal revolution in economics. Carl Menger's contribution to this revolution, however, should be regarded as something distinct, unique, and more rigorous.

The Importance of Literary Criticism from a Free-Market Perspective

13 augustus, 2014 - 06:00

There’s a lot of exciting work being done in the field of literary studies, which isn’t usually known for its sound economics.

Tax Cuts Are Only for the Powerful

12 augustus, 2014 - 06:00

Politicians tell us that tax cuts aren't necessary for economic growth. But when a politically-powerful company offers to move to town and hire people, the politicians fall all over themselves to offer a tax cut. Ordinary business owners, meanwhile, get no such offers.

The Savings and Loan Debacle: Twenty-Five Years Later

11 augustus, 2014 - 06:00

Many still blame “deregulation” for the financial disaster that was caused by an intricate web of federal laws and regulations.

Pioneers in Free-Market Literary Criticism

9 augustus, 2014 - 06:00

Thanks to Henry Hazlitt, Paul Cantor and others, a body of work by free-market literary critics is now beginning to emerge.

The Dating Market: Anarchy in Action

8 augustus, 2014 - 06:00

Dating someone can come with a very high opportunity cost and can lead to great emotional distress and more. So why doesn’t the government regulate dating?

The State’s Worst Atrocity

7 augustus, 2014 - 06:00

War has been at the heart of much pro-government ideology, and remains so today.

Confusing Capitalism with Fractional Reserve Banking

6 augustus, 2014 - 06:00

Low interest rates combined with high-risk fractional reserve banking creates a powder keg on which we’re sitting today.

The Golden Rule vs. Catholic Case Against Free Markets

6 augustus, 2014 - 06:00

It is now fashionable in some intellectual Catholic circles to disparage free markets at every turn, but this requires the critics to ignore the core of free-market philosophy: the Golden Rule.

World War One and the End of the Bourgeois Century

5 augustus, 2014 - 06:00

The First World War began one hundred years ago, and it was a total disaster for Europe. The war destroyed not only the bodies and capital of millions of human beings, but it also destroyed the ideology and economy of the peaceful and prosperous century that had come before.

When State-Subsidized Industries Attack

4 augustus, 2014 - 06:00

The corn, sugar, and ethanol industries in the US are all part of a complex system of government subsidies and other favors.

The Best of Mises University 2014

2 augustus, 2014 - 06:00

It was an amazing and encouraging week at Mises University this year.

The War on Drugs Is Not Like The War on Poverty

2 augustus, 2014 - 06:00

Unlike the War on Poverty, the War on Drugs is a real and bloody war by the United States against a minority group known as drug buyers and sellers.

Hollywood and the State: A Longtime Partnership

1 augustus, 2014 - 06:00

Hollywood has a long history of joining forces with the US government. In recent decades a complex system of subsidies and direct assistance from various government agencies in the making of movies has helped bring the state and the entertainment industry even closer together.

When High Taxes Lead to Revolution

31 juli, 2014 - 06:00

The lack of revolutions, even in highly-taxed societies points to the possibility that many are willing to tolerate rather high taxation rates.

Understanding Argentina’s Coming Default

30 juli, 2014 - 06:00

The Argentine government has a habit of spending without restraint and then trying to cheat its creditors. But this time, it's run into a problem.