Mises Institute
Saturday, March 8, 2025
 
 
The Hidden Cost of Tariffs: A Lesson from Bastiat’s Seen and Unseen
Richard Martin
The great French economist Frédéric Bastiat wrote that we should not look just at the visible results of government economic intervention, but also the good things that the intervention keeps from happening. Trump’s tariffs are a good example.
 
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The UK’s Prime Minister Is Killing Economic Growth
Roham Jaberi
Great Britain’s Labour government, since coming into power last year, has taken a number of measures that already are resulting in lowering the nation’s standard of living.
 
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Most popular this week
 
The Gold at Fort Knox Was Stolen from Americans
The US gold reserves in Fort Knox are a legacy of the time the US government confiscated private gold and reneged on its promises to pay its debts in gold.
 
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Tariffs Are Wealth Destroyers
President Trump claims tariffs built American wealth, but history and economics tell a different story. Tariffs don’t create prosperity—they distort markets, raise costs, and destroy wealth instead.
 
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Trump Is Not Destroying Institutions; That’s What FDR Did
In a recent New York Times column, a Dartmouth professor claims Trump erodes trust, while FDR restored it—but this is simply elitist propaganda.
 
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Featured Audio
 
How to Make Home Ownership More Affordable
Ryan McMaken and Chris Calton examine the many ways that government intervention has driven up home prices and made affordable houses harder to find.
 
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Guido Hülsmann on What You Can Find in the New Grove City Mises Archives
Guido and Bob explore the newly digitized Ludwig von Mises archives at Grove City College, revealing lost correspondence, Mises’s personal battles against socialism, and more.
 
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Extractive Psychology
Is “extractive” always a dirty word? While mining and energy fuel civilization, modern environmentalism has reshaped public perception—and the economy. What happens when ideology clashes with reality?
 
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33 Counties In Illinois Have Voted to Leave the State
 
Ryan McMaken uncovers the battle over secession, power, and representation.
 
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How to Think about the Economy
 
Per Bylund’s How to Think About the Economy is a clear, 142-page primer that makes economic thinking accessible, concise, and easy to grasp for any reader.
 
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