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January 31, 2020

Mises Institute

By Gary Galles

Why Democracy Doesn't Give Us What We Want

Uncritically holding democracy out as an ideal overlooks the question of whether market democracy or political democracy better serves citizens.

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By Joseph T. Salerno

The State Is a Predator. It Can't Be Used to Achieve Libertarian Ends

In portraying the state as an integral part of economy and society, advocates of "state capacity libertarianism" ignore the state's unique political, i.e., predatory, nature.

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By Robert P. Murphy

The Theory and Brief History of Money and Banking

Why do we have money in the first place? Where does it come from, and what determines its form? What qualities make for a good money? What role do banks play—is it something other than what money itself does for us?

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By Daniella Bassi

Protectionism Is Not the Answer to the Canadian Fur Trade’s Problems

The North American fur trade is in decline. Unfortunately, many think that the solution is for the government to step in to “protect” trappers from market competition.

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