Mises Wire

Bureaucratization

Big GovernmentFree MarketsInterventionism

11/07/2017Mises Daily Articles
The progressing bureaucratization of big business is by no means the result of a tendency inherent in the development of the capitalist economy.

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A Note on Apple's Less Than Sinister "Tax Avoidance"

11/07/2017Power & Market

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When Gunmen Strike, You're on Your Own

U.S. HistoryMonopoly and CompetitionPolitical Theory

Blog11/06/2017
Police took more than an hour to confront the Las Vegas shooter. And that's just one illustration of how government monopolies work.

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An Economist's Biography of Andrew Carnegie

U.S. History

Blog11/06/2017
Carnegie’s entrepreneurial talents in developing new markets cannot be ignored, despite his unscrupulous dealings with politicians.

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GOP Tax Plan Increases the Most Insidious Tax

Taxes and Spending

Blog11/06/2017
Politicians love the inflation tax because it allows them to increase taxes without having to vote for higher rates.

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International Trade Under the Soviets: A Comedy of Errors

Protectionism and Free TradePrices

Blog11/06/2017
Economic calculation is impossible under socialism. This is as true with international trade as with domestic.

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More Populism Might Have Produced a Better Fed Chair

Money and BanksMoney and BankingPolitical Theory

Blog11/06/2017
Trump's selection of Jerome Powell highlights a flaw in Hayek's strategy to change public policy through "second hand dealers of ideas."

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Aristotle on Private Property and Money

BiographiesWorld HistoryCapital and Interest TheoryPrivate Property

11/04/2017Mises Daily Articles
Although Aristotle scorned moneymaking and was scarcely a partisan of laissez-faire, he set forth a trenchant argument in favor of private property.

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George Fitzhugh, the Honest Socialist

SocialismU.S. History

Blog11/04/2017
Fitzhugh accepted the paternalist argument that US slavery had bettered the position of the slave — and then applied this idea to all races.

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