Category Archive: 6b.) Mises.org

Chile moves right as conservative, Catholic father of nine children wins presidency

He's described by media as "hard right" and "ultra-conservative" which suggests he's a center-right candidate who, nonetheless, handily beat his communist rival.

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Risk, Uncertainty, Profits, and Modern Portfolio Theory

While Modern Portfolio Theory (MPT) is popular in academic economics and finance, it fails to properly explain profits, mistakenly confusing entrepreneurial profit seeking with risk management.

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How Religious Freedom in America Was Founded on Privatization and Decentralization

The drive to religious freedom in America was carried out overwhelmingly in the state legislatures—and the federal First Amendment had almost nothing to do with it.

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How the the Farmland Protection Policy Act Has Socialized Farm Land

For more than 40 years, US farm policy has socialized farm land and transferred wealth to politically-connected people.

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Argentina’s Rocky Road to Economic Freedom

While the jury still is out regarding Javier Milei’s economic “reforms” in Argentina, one must remember that economic intervention in that country is thoroughly entrenched in political and economic life there.

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Longer, Higher for Longer

Policy-made rates reshape everything: mortgages, bonds, stocks, and commodities.

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Review: <em>Sexual Freedom and Its Impact on Economic Growth and Prosperity</em>

High time preference is a sign of economic degradation, and Bose shows that a rejection of Christian sexual ethics is a feature of a high time preference society.

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Leaked files ‘show US wants to persuade four nations to leave EU’

The countries seen as targets to follow Brexit are Austria, Hungary, Italy and Poland, according to leaked details of the US national security strategy.

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Inflation, Interventionism, and Intergenerational Resentment

Inflation does more than just force up prices. It destroys the wealth-producing process, especially with young people who are prevented from acquiring the same kinds of assets earlier generations procured. The result is inter-generational conflict.

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Financial Times asks: is silver the new gold?

On Wednesday, the silver price hit $63.86 per ounce — nearly double its level a year ago — after the Federal Reserve trimmed rates by 25 basis points.

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The Problem with Defaulting in Argentina: A Response to Murphy

Precedents for sovereign default exist, but they are double-edged.

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Our Secret Constitution

Through the most bloody war in American history to date, Lincoln unleashed an inchoate “secret constitution” that began to bring the US into closer alignment with equality and democracy, which many view as a good thing.

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House votes to nullify Trump order and restore bargaining rights for federal workers

Federal workers are a powerful lobby in Washington, and taxpayers pay for federal bureaucrats' wages inflated through federal laws favoring federal unions.

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Minnesota Somali Scammers Prove That Politics Is a Spoils System

Christopher Chantrill: Most every corrupt government program begins as a moral crusade and ends up as a spoils system: Social Security, Medicare, Obamacare, etc.

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Report: Trump To Appoint US General To Lead Gaza ‘International Stabilization Force’

President Trump is planning to appoint a two-star US general to lead the international force that may be deployed to Gaza under the US ceasefire deal.

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JLS: F. A. Hayek’s Thinking in the Light of Evolutionary Science: A Vindication and a Warning



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Modern Marriage and the Homeownership Rate

Data shows that the marriage rate and the homeownership rate have been closely connected for decades. Historically, more marriage means more home buying, but government intervention has made buying a home much harder.

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QJAE: A Note on “Desired Money Balances” and Menu Costs



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Most Economists Still Don’t Understand How Inflation Is Destroying our Economy

Mainstream economists are at a loss to explain why the current regime of inflation and central bank interventions have been so economically devastating. Understanding Cantillon effects is vital to making sense of the current madness.

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Old vs. Young and Rich vs. Poor: How Government Creates Class Conflict

Inflation does more than just force up prices. It destroys the wealth-producing process, especially with young people who are prevented from acquiring the same kinds of assets earlier generations procured. The result is inter-generational conflict.

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