Category: Economics
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Hazlitt’s ‘Economics in One Lesson’ relevant today
Economics In One Lesson, first published in 1946 and recently reissued by the Ludwig von Mises Institute, explains fallacies (false or mistaken ideas) that are particularly common in the field of economics and public policy.
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Ludwig von Mises: A quick introduction
A short book available online lets readers become acquainted with the ideas of Ludwig von Mises and why his ideas are important to freedom and liberty.
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Economic competition isn’t like sports
Economic competition and sporting competition aren’t the same thing.
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Why Washington only cut $38 billion: A public choice perspective
Public choice economics helps explain why cutting spending is difficult.
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Liberals and economic knowledge
Who might you guess is better informed on issues of economics: liberals who promote government intervention in the economy, or conservatives and libertarians who oppose it?
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There are a lot of government employees
Government employment is growing, at the expense of the private sector and the strength of our economy.
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Latest public pension fund data show taxpayers still on hook for trillions
Despite pension fund investment gains in 2010, taxpayers still owe state and municipal workers trillions of dollars for promised benefits no matter how much funds earn during the next 30 years.
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Quantitative easing: another round?
Another round of expansionist monetary policy in the form of quantitative easing 3 could be on the way.
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Please feel free to ignore Lou Dobbs
Television personality Lou Dobbs promotes an economic fallacy: that destruction holds the seeds of economic progress.
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Speculators selfishly provide a public service
Speculators are selfish people, acting only to make as much profit as possible for themselves without concern for the welfare of others. By doing so, they provide a valuable public service.
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Brinkmanship with jobs
Welcome to the new world of economic development — playing brinkmanship with job, writes Wichita state University’s H. Edward Flentje.