Mises Institute
Monday, February 3, 2025
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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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Would Trump’s Plan to Replace Income Tax with Tariffs Work?
Bob Murphy analyzes President Trump’s recent remarks praising the revenue capacity of tariffs.
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American Satisfaction
Opinion polls and the latest electoral results are at odds with the facts as presented by mainstream media and government statistical offices. What is going on?
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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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America’s Experiment in Zero-Gravity Finance
Jim Grant presented this talk at the 40th Anniversary Supporters Summit in Phoenix, Arizona, in October 2022.
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Profit and Loss
In Profit and Loss, Mises 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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