Mises Wire

Sweatshops Today, Decent Work Tomorrow

Blog12/18/2018

The ticket to the UN’s ideal of decent work is not regulation and legislation, but economic liberalization.

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Statistical Analysis Isn't Enough to Understand Human Action

Philosophy and Methodology

Blog10/24/2018

Gazing at the data cannot assist an analyst in establishing causes in the world of economics.

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Saving, not Technology, Is the Key to Economic Growth

Money and BanksMoney and Banking

Blog07/20/2018

The real impediment to economic growth has been the relentless central bank tampering with financial markets. 

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Subjective Value Is not Arbitrary Value

SubjectivismValue and Exchange

Blog06/16/2018

The prices of goods are not set mechanically by some kind of supply-demand curves but by the goal-seeking choices of individuals.

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Should the Fed Print More Money When "Demand for Money" Rises?

Money and BanksMoney and Banking

Blog06/07/2018

Creating money out of thin air always sets the boom-bust cycle in motion, even when there's an increase in the demand for money. 

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Saving — not Spending — Is the Engine of Economic Growth

Money and BanksMoney and Banking

Blog05/24/2018

To build wealth, we must first build capital and greater productivity. And that depends on savings.

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Should We Use Probability in Economics?

Money and BanksMoney and Banking

Blog02/14/2018
The numerical probability is only relevant in the sphere of non- economics where homogeneous cases are observed.
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Stop Telling Me to "Shop Locally"

Protectionism and Free TradeMonopoly and Competition

Blog12/04/2017
Small mom-and-pop shops are overrated — but they're getting better thanks to competition from firms like Amazon.
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