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Gary Galles

Tags Financial MarketsMonetary Theory

Works Published inMises Daily Article

Gary M. Galles is a professor of economics at Pepperdine University. He is the author of The Apostle of Peace: The Radical Mind of Leonard Read.

 

All Works

Capitalism Means Less Waste — Because More Waste Often Means Less Profit

The EnvironmentProduction TheoryValue and Exchange

Blog11/17/2018

The concept of "productive complements" shows us how capitalists have long sought to make as much use as they can of every part of the materials they use to make goods.

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Infant Mortality Is a Misleading Statistic for International Comparisons

Blog11/08/2018

For example: Nonviable babies who die quickly after birth are recorded as live births in the U.S., but are more likely to be classified as stillbirths in other countries.

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How So Many Bad Ideas Manage to Win on Election Day

Bureaucracy and Regulation

Blog11/07/2018

Bad ideas can spread more quickly than good ones, often because they sound so good until you spend some time thinking about them.

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Insight Is a Terrible Thing to Waste

11/07/2018Power & Market
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Rent Control and Minimum Wage Laws Harm Those Who Are Supposed to Benefit

Blog10/16/2018

Government policy often lumps together many people it shouldn't — assuming that everyone in the group labeled "poor" or "low-income" will all benefit equally. 

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