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Source link: http://archive.mises.org/21122/mises-daily-monday-february-20-2012/

Mises Daily: Monday, February 20, 2012

February 20, 2012 by

“Monopoly Dentistry” by James E. Miller

The American Dental Association opposes proposals to allow the emergence of “mid-level dental providers” that would increase the supply of dental practitioners in rural areas. As Mises showed, occupational licensing must lead to a decrease in supply, monopolistic conditions, and thus a lessening of competition.

“The Government and the Currency” by Ludwig von Mises

In many countries the emergence of the gold standard was effected by the operation of Gresham’s law.

{ 1 comment }

Chris Baylor February 21, 2012 at 3:42 pm

Makes sense. The fall of the dollar will lead to some sort of purely electronic alternative whereby payments will literally be made without money. Oh my my!

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