Mises Institute
Friday, January 31, 2025
 
 
Now Is a Great Time for California to Secede
Ryan McMaken
California secession would not change the US into a laissez-faire paradise, but the positive change would be immense.
 
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Kenya and Nigeria: Hiking Taxes When There Is Nothing Left to Tax
Don Olanrewaju
African nations such as Nigeria and Kenya desperately need market economies and freedom from the socialism and statism that infects the governing elite of that continent.
 
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Tariffs Will Not Make America Great Again
 
Making it harder to do business with Americans is not the way to help people already getting ripped off under our current political system.
 
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The State vs. Homeschoolers
 
Ryan McMaken and Heather Carson discuss how homeschooling is a way to resist and sabotage the many ways the state centralizes power.
 
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How to Look at Tariffs
Political boundaries of nations may be important for other reasons, but they have no economic meaning whatever. The upshot is that protectionism is not only nonsense, but dangerous nonsense.
 
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The Menace of Tariffs
Donald Trump is a strong believer in protective tariffs, and this is very bad news for those of us who support the free market. Tariffs ultimately reduce real wages.
 
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Tariffs Are Attacks on Property Rights and Freedom
Tariffs inflict harm on real people, empowering bureaucracy and the state, while destroying the rights of real-world entrepreneurs and consumers.
 
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Only the Austrians Can Defeat Central Banking
 
Bob Murphy presented this talk at the 2024 Mises Institute Supporters Summit in Hilton Head, South Carolina.
 
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Profit and Loss
 
In 1951, Mises gave an outstanding paper that made the summary case for the price system under capitalistic economic systems. In “Profit and Loss,” he explains how cost accounting is the critical institution that ferrets out social waste, ensures that resources are directed to their most highly valued ends, and how entrepreneurs respond to price signals. His presentation is systematic, relentless, logical, and ultimately devastating to the opponents of profit and loss.
 
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