Mises Institute
Tuesday, August 20, 2024
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Do We Need 3% Inflation? Economic Growth and Deflation
Paul F. Cwik
Keynesian economists claim that the economy needs at least 2–3% inflation in order to avoid business cycles. But these inflation rates over time are economically ruinous and they actually harm economic growth.
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The Primitive Superstition of our Age
Djordje Bokun
Murray Rothbard once wrote that egalitarianism is a "revolt against nature." Egalitarianism also can be likened to a superstition, a belief that has no basis in truth.
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Financial Influence on Political Parties
Before 1896, the Democratic Party was roughly a party devoted to free trade and the gold standard.
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Crisis and Liberty
The New Deal was not as widely popular as many stories about FDR might suggest.
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The Folly of Legislating against Unfairness
Legislating against unfairness in order to achieve "equal" outcomes is like legislating against the wind. While government has little control over outcomes, its predations can make those outcomes worse.
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Inverted, Recessed, and Hung Out to Dry
The Fed for many years has manipulated the money supply in order to attempt to keep interest rates below market levels. At some point, however, the market prevails in one way or another.
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Krugman: Harris Hasn’t Proposed Price Controls and It’s Good That She Did
Krugman-the-textbook-author says price ceilings have terrible consequences. Krugman-the-columnist says they're "reasonable."
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End the Fed
Happy Birthday, Ron! Dr. Ron Paul at the 2009 Mises Circle in Houston, Texas.
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Social Democracy
From the very beginnings of the socialist movement in the mid-nineteenth century, there have been conflicting ideas on the methods best suited for achieving its goals.
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