Socialism Cannot Work, Not Even in an AI-Driven Economy
Some are claiming that AI can make socialism workable, but even AI cannot take the place of entrepreneurial economic calculation.
Mises Wire
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Mises U Students Interview Some of Their Favorite Faculty Members
Mises U students interview Karl-Friedrich Israel and Tate Fegley.
Even in Slave Economies, the Division of Labor Was Inescapable
Even under chattel slavery, inequality was still pervasive. Carpenters, sugar boilers, blacksmiths, cabinetmakers, and rum distillers constituted an elite core of slaves.
The Government Wants to Turn Blockchain Firms into Servants of the State
Federal prosecutors and other law enforcement agents are turning blockchain firms into government subsidiaries. The real goal is to criminalize what really are lawful, private exchanges.
Mises U Students Share Their Favorite Finds at the Mises Institute
Mises U students share what it's like being at the Mises Institute.
Mises U Students Share Their Favorite Finds at the Mises Institute
Mises U students share what it's like being at the Mises Institute.
Private Corporations Don’t Cause Price Inflation. Governments Do.
Governments never curb inflation because they benefit from it. Money creation is never neutral and disproportionately benefits the only monopolistic player in the economy: the state
Hail the Speculators! They Take the Necessary Economic Risks in Our Economy
Speculators are reviled in the media and by politicians and academics. Yet the speculators are the ones taking risks to ensure the rest of us can have more economic certainty.
The Cost of College and Accompanying Student Debt Create a Negative Social ROI
Student debt is a huge social problem, but the reason is that higher education costs themselves have become a major problem and are a financial burden whose costs outweigh its benefits.
Striking Hollywood Actors and Writers Might Have to Get Used to Stagnant Wages
In this new age of decentralized and democratized content creation, union members' demands may simply be based on wishful thinking for a bygone era.
