Mises Wire

3 Ways Marxists Get Capitalism Wrong

Blog09/21/2018

Errors about profits, capitalists, and inequality continue to drive socialism's popularity.

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Median Household Wealth in America Is Going Nowhere

U.S. EconomyU.S. History

Blog09/20/2018

As of 2016, median wealth in the United States was still near 1983 levels.

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Frank Fetter and the Austrians

BiographiesHistory of the Austrian School of EconomicsOther Schools of Thought

Blog09/20/2018

Fetter is mostly neglected today, but he had a powerful influence on practically every Austrian economist in the first half of the 20th century.

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Capitalism Makes Us More Humane

U.S. HistoryWorld History

Blog09/18/2018

Why is it that starving Venezuelans are eating dogs while Americans are rescuing dogs from hurricanes?

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The Economists versus The Special Interests

Protectionism and Free TradePolitical TheoryValue and Exchange

Blog09/17/2018

In spite of claims they will benefit society overall, interventionist policies designed to benefit certain interest groups ultimately only help certain groups at the expense of everyone else.

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"Price Gouging" Sends Important Signals About Risk

PricesValue and Exchange

Blog09/14/2018

If local prices are sending the message that everything's perfectly normal, residents may be overly optimistic about the risks they face during natural disasters.

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Mercenaries: A "Privatized" Army Is Still an Army

Blog09/13/2018

An increasing reliance on military contractors has allowed US policymakers to keep more wars going while using fewer and fewer US troops in combat.

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The "Racist Premium" Is Just One Way the Market Punishes Racism

U.S. Economy

Blog09/12/2018

Racists are often willing to pay higher prices for the psychic profit of living in certain neighborhoods. J. Dallas Bowser was happy to take their money.

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