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The Free Market and Its Enemies: Pseudo-Science, Socialism, and Inflation
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Ludwig von Mises | Wednesday, April 18, 2018Fill out the form below to get your own copy of The Free Market and Its Enemies: Pseudo-Science, Socialism, and Inflation! Acknowledgments These lectures, delivered by Ludwig von Mises at the Foundation for Economic Education in the summer of 1951, would not exist if not for Bettina Bien Greaves, who took them down word for […] -
Why Big Data Won’t Save Central Planners from the Knowledge Problem
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Matthew Kelly Peter Lewin | Wednesday, April 11, 2018Some enthusiasts even speculate that Big Data will render markets obsolete, enabling central planning of the economy. Big Data is more than a buzzword, but its potential is often wildly overstated.
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Does the Debt Ceiling Mean Anything?
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Antony Davies James R. Harrigan | Wednesday, September 13, 2017Does the debt ceiling even mean anything? It’s like a credit limit on your credit card, but one which the borrower (the US government) gets to set for itself. Moreover, it’s most likely that the government has been borrowing way above the ceiling but simply doesn’t make it official until after the debt ceiling is raised: as it always is. Economists Antony Davies and James Harrigan discuss what this means for the taxpayer and for the economy.
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Prosperity through Freedom
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Lawrence Fertig | Wednesday, July 26, 2017Fill out the form below to get your own copy of Anthem! Introduction This collection appeared as the postwar liberty movement in America was beginning to mature. FEE had been founded in 1946, and had accomplished amazing things in a decade and a half. It took a brilliant idea and turned it into a real […] -
Who Was the Founding Father of the Fourth Amendment?
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Gary M. Galles | Saturday, February 4, 2017February 5 marks the birth of the American who had the greatest hand in what became the 4th Amendment’s prohibition of unreasonable searches and seizures. Unfortunately, “one of the most passionate and effective protectors of American rights” is too-little remembered today.
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Unemployment Benefits: The Government Gets What It Pays For
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Robert P. Murphy | Wednesday, February 25, 2015The surprisingly robust growth in the US economy in 2014 may have been due to the late 2013 decision by Congress to cease extensions of unemployment benefits. When the federal government stopped sending checks to people who remained unemployed, more of them found work.
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The 2010 Nobel Prize in Economics
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Sheldon Richman | Monday, October 11, 2010The three winners are Peter A. Diamond, Dale T. Mortensen, and Christopher A. Pissarides for their work on the theory of unemployment. For rundowns of the contributions of these three men, see Tyler Cowen’s (somewhat technical) posts at Marginal Revolution. Tyler Cowen’s co-blogger, Alex Tabarrok, summarizes the prize thus: The 2010 Nobel Prize awarded to […] -
Book Review: Discovery, Capitalism, And Distributive Justice by Israel M. Kirzner
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Charles W. Baird | Wednesday, August 1, 1990Basil Blackwell, P.O. Box 1655, Hagerstown, MD 21741 • 1989 • 179 pages • $29.95 cloth In three earlier books (1973, 1979, and 1985), Israel Kirzner developed his positive theory of market process which, he convincingly argued, is superior to neoclassical comparative statics as a framework for understanding how markets work in the real world. […] -
The Growth of an Idea
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FEE | Wednesday, February 1, 1956Thousands of FREEMAN readers have had little opportunity to learn about the journal’s publisher—the Foundation for Economic Education. So this month, in the space usually reserved for Charles Wolfe’s report of current “News From Irvington,” the folks at FEE will try to present a clear over-all picture of what they believe and what they do. […] -
Why Gold Is Such an Effective Weapon Against the Government’s Monetary Schemes
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Joshua D. Glawson | Saturday, April 15, 2023As Ron Paul remarked: “Because gold is honest money it is disliked by dishonest men.”