Mises Institute
Tuesday, March 4, 2025
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Tariffs Are Wealth Destroyers
Frank Shostak
President Trump claims that tariffs built American wealth. The truth is that tariffs cannot build wealth at all, only destroy it.
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Jean-Baptiste Say: Neglected Champion of Laissez-Faire
Larry J. Sechrest
J.B. Say deserves to be remembered, especially by Austrian economists, as a pivotal figure in the history of economic thought. Yet, one finds him discussed very briefly, if at all.
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Training Young Economists
"The state is the ultimate villain in economic stories." —Jonathan Newman at the recent Mises Circle in Tampa.
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Economic Tools for Understanding the War
The Civil War wasn’t just about grievances—it was about resources.
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Tariff Increases vs. Tax Cuts
The media is spinning the story as a political hot potato: can tariff increases make up for the future revenue losses from extending the income tax reductions from President Trump’s first term?
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Say “No” to Nuclear Power Interventions
Many nuclear plants are government-subsidized. State taxpayer dollars are used to keep several money-losing nuclear plants operating. Each nuclear plant should be viewed as a stranded asset, not in need of a state subsidy.
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Remittances and Economic Growth
Remittances are often lauded as a driver of economic growth in developing nations. While remittances provide short-term relief for recipient households, their overall impact on economic growth remains questionable.
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War
We can count the lives lost in war and the money spent, but no record can measure the deeper costs to humanity.
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The Misesian
The success of the American Revolution struck a heavy blow against the mercantilist system. But unfortunately, the wound was not mortal.
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