Teaching “Tips”: An Economic and Pedagogical Defense of Gratuities
Using the long-standing cultural practice of tipping, Gill explores a variety of important economic concepts.
Labor and Wages
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Will Our Grandchildren Work Only Four Hours Per Day?
If capitalists have their way, we may be looking at a future of 20-hour work weeks while producing a higher standard of living.
Join us at the Mises Institute at 10:30 a.m. on Thursday, 22 June, as Anthony Gill presents a free lecture on the norm of tipping.
Wages and Subsistence
Labor is appraised like a commodity not because the entrepreneurs are cruel but because they are subject to the supremacy of the pitiless consumers.
Government Guaranteed Income is Not a Solution
Henry Hazlitt's critique of Milton Friedman's Negative Income Tax remains relevant as libertarians continue to embrace Universal Basic Income.
Capitalism Is About Working Less to Earn More
If working is the price we pay to obtain things we want, then economic progress means decreasing this price thanks to continued productivity growth.
We Don’t Need to Create Jobs — We Need to Create Value
Wages spring directly from, and are proportional to, the degree in which a job creates wealth by helping to satisfy an unmet need.
Atlas Shrugs
Three months ago, the CEO of Gravity Payments, a Seattle credit card processing firm, announced that all of the firm’s employees would be paid a minimum of $70,000 a year. Now, the firm has fallen on hard times.
Inflation: Causes, Consequences, and Cure
Tom DiLorenzo, Joe Salerno, and Patrick Newman uncover the state’s deceit to reveal what inflation really is: deliberate debasement of the dollar t
AERC 2023
Recordings of the 2023 Austrian Economics Research Conference at the Mises Institute in Auburn, Alabama, March 16–18, 2023.
