LibertyPicks 3 weeks ago

mises.org: Competition and Monopoly --

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-- The textbook model of perfect competition bans advertising, price cuts, and better products—the very things we mean by competing. Tate Fegley on why the mainstream picture of monopoly is upside down. #liberty #news

LibertyPicks 3 weeks ago

mises.org: Tariffs vs. Free Trade --

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-- A trade deficit sounds like losing—buying more than you sell. Lucas Engelhardt on why that 200-year-old intuition is exactly backwards, and what a deficit actually means. #liberty #news

LibertyPicks 3 weeks ago

mises.org: Austrian Capital Theory --

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-- When savers cut back and consumption falls, most economists cry recession! Paul Cwik on why an Austrian sees the opposite: an economy quietly retooling for future growth. #liberty #news

LibertyPicks 3 weeks ago

mises.org: Sanctuary Cities: Leave Your Ambition and Entrepreneurial Skills at the Border --

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-- While many immigrants bring entrepreneurial skills, they often settle in US cities governed by leftists who are hostile to private enterprise. #liberty #news

LibertyPicks 3 weeks ago

mises.org: From Spoiled Sons of Liberty to Surveillance Leviathan: America’s Six Republics and the Myth of Eternal Union --

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-- Most Americans, unfortunately, believe that we are still living in the constitutional republic created in 1787. That was five republics ago. #liberty #news

LibertyPicks 3 weeks ago

mises.org: From Spoiled Sons of Liberty to Surveillance Leviathan: America’s Six Republics and the Myth of Eternal Union --

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-- Most Americans, unfortunately, believe that we are still living in the constitutional republic created in 1787. That was five republics ago. #liberty #news

LibertyPicks 3 weeks ago

mises.org: The Ideology Behind the American Revolution --

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-- Why did so many American colonials take arms against the ruling British, even when the odds were stacked against them? Dr. Wanjiru Njoya looks into the competing ideological claims that go with analyzing the American Revolution. #liberty #news

LibertyPicks 3 weeks ago

mises.org: Entrepreneurship --

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-- Take the entrepreneur out of the picture, Mises said, and the entire market economy grinds to a halt. Peter Klein on why bearing uncertainty is the most fundamental act in economics. #liberty #news

LibertyPicks 3 weeks ago

reason.com: Trump Plans to Impose New Illegal Tariffs on Canada --

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-- The 50% tariffs on many Canadian imports are based on the long-defunct Section 338 of the notorious Smoot-Hawley tariff act. #liberty #news

LibertyPicks 3 weeks ago

mises.org: Praxeology --

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-- No graphs, no data, no experiments—just logic. David Gordon on how Austrian economists reason from a single starting point: humans act. #liberty #news

LibertyPicks 3 weeks ago

mises.org: Subjective Value and Market Prices --

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-- Jeffrey Herbener builds Austrian price theory from the ground up. #liberty #news

LibertyPicks 3 weeks ago

mises.org: The Division of Labor and Social Order --

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-- Shawn Ritenour shows how the division of labor turns our inequalities into the glue of society, and why the only way to profit in a market is to serve someone else first. #liberty #news

LibertyPicks 3 weeks ago

reason.com: The Iran War Is Back, Sort Of --

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-- The U.S.-Iranian peace memorandum has broken down, and violence is slowly ramping back up to a full-on war. Four Americans paid the price this weekend. #liberty #news

LibertyPicks 3 weeks ago

reason.com: South Carolina Law Prohibits Tattoo Parlors Near Churches. A New Lawsuit Calls That Unconstitutional. --

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-- A tattoo business is challenging South Carolina laws restricting how and where tattoo artists operate. #liberty #news

LibertyPicks 3 weeks ago

mises.org: Do Technology Shocks Cause Boom-Bust Cycles? --

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-- For a while, some economists tried to claim that business cycles are the result of significant changes in technology. The Austrians have a better explanation. #liberty #news

LibertyPicks 3 weeks ago

mises.org: Alan Greenspan’s Deceitful Legacy --

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-- Willie Sutton was a famous bank robber. The late Alan Greenspan used banks and the monetary system to take infinitely more money from Americans than Sutton ever stole. #liberty #news

LibertyPicks 3 weeks ago

reason.com: Brickbat: Friends Helping Friends --

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-- A federal judge in Anne Arundel County, Maryland, sentenced police officer Jaron Taylor to three years of probation and $38,670…The post Brickbat: Friends Helping Friends appeared first on Reason.com. #liberty #news

LibertyPicks 3 weeks ago

reason.com: Privacy-Minded Fashion Aims To Baffle Facial Recognition --

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-- Wearable bright patterns, infrared lights, and reflective coatings challenge the surveillance state. #liberty #news

LibertyPicks 3 weeks ago

mises.org: Why Mises University Matters --

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-- The map of Austrian economics in Europe—Madrid, Prague, Vilnius—traces back to a summer program in Auburn, Alabama. #liberty #news

LibertyPicks 3 weeks ago

reason.com: "Red Sox Spirit" and Constitutional Theory --

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-- A potential new approach to state constitutional law. #liberty #news