Politics

Discussions of wages often miss the all-important economic concept of a worker‘s diminishing marginal value product (DMVP), and the WNBA is no exception.

Discussions of wages often miss the all-important economic of a worker‘s diminishing marginal value product (DMVP), and the WNBA is no exception.

The White House is boasting about a new trade “deal” with the EU. But every supposed benefit that comes from the agreement applies only to a small subset of the country while leaving the American public, as a whole, worse off.

The White House is boasting about a new trade “deal” with the EU. But every supposed benefit that comes from the agreement applies only to a small subset of the country while leaving the American public, as a whole, worse off.

Inflation isn’t a mystery. It’s a racket. Politicians spend. The Fed prints. You pay.

Tom Woods offers a critical analysis of the COVID-19 policy response, while underscoring the Mises Institute’s principled opposition to prevailing narratives.

At the recent WNBA All-Star game, players wore T-shirts with the message, “Pay us what you owe us.” If one uses the discounted marginal revenue product as a guide, the answer to their demand would be “zero.”

At the recent WNBA All-Star game, players wore T-shirts with the message, “Pay us what you owe us.” If one uses the discounted marginal revenue product as a guide, the answer to their demand would be “zero.”

In the wake of the US bombing of Iran, media outlets are warning about Iran retaliating with cyber attacks on the West. As the public fear of attacks increases, government moves into the void to find new ways to restrict our liberties.

In the wake of the US bombing of Iran, media outlets are warning about Iran retaliating with cyber attacks on the West. As the public fear of attacks increases, government moves into the void to find new ways to restrict our liberties.