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Source link: http://archive.mises.org/19133/mises-daily-friday-november-11-2011/

Mises Daily: Friday, November 11, 2011

November 11, 2011 by

“Shadow Labor” by Doug French

Shadow work is any work we do that we aren’t directly compensated for. What its critics miss is that this shadow work is one of the effects of inflation, along with the government’s ongoing effort to prop up the cost of labor with regulations and the minimum wage.

“Why Is There a Euro Crisis?” by Philipp Bagus

Today’s banks are not free-market institutions. They live in a symbiosis with governments that they are financing.

“The Vienna of Ludwig von Mises” by Eugen-Maria Schulak and Herbert Unterköfler

According to poet Franz Grillparzer, Vienna was beautiful — but also dangerous.

“US-Japanese Relations before WWII” by Percy L. Greaves, Jr. and Bettina Bien Greaves

FDR knew that stopping the export of oil to Japan was fraught with danger.

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