Mises Institute
Friday, August 23, 2024
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The Feds’ Runaway Deficits Are Here to Stay
Ryan McMaken
The US will add another $2 trillion to the total debt this year, and the US is now spending a trillion of your dollars on interest per year. There is no end in sight.
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The Problem with Trump’s Agenda 47 for Homeschoolers
Conor Sanderson
While Donald Trump is trying to appeal to homeschooling families with his Agenda 47 plan, the reality is that federal control will ruin homeschooling as we know it.
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The Classical Economists’ Theory of Value Was More Sophisticated than You Think
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An Essay on Economic Theory
An English translation of Richard Cantillon’s Essai sur la Nature du Commerce en Général. Edited by Mark Thornton.
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Be Prepared to Hear More about Taxes, Taxes, Taxes
With the US government engaged in out-of-control spending, we are looking at tax increases in the coming years. And even if Congress does not pass official tax hikes, we will see the government seizing wealth via inflation.
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Thousands of Years Later, Price Controls Are Still a Bad Idea
In 301 AD, Roman emperor Diocletian implemented price ceilings on over 1,200 goods. His edict shows that not much has changed regarding the politics and economics of price controls.
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The New Minimum Wage Increase in Nigeria is a Pyrrhic Victory for Organized Labor
The Nigerian government has passed a new minimum wage law, and the usual suspects are happy because the country "is getting a raise." Economic reality, however, will set in soon enough.
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Connor O’Keeffe explains why there are several problems with labeling Kamala Harris a communist.
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Ludwig the Builder
An attractive way to introduce children to some implications of scarcity and how mismatches between entrepreneurial plans and available resources lead to economic disaster.
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