Mises Wire

Real Savings Are the Key for Economic Growth

Money and BanksMoney and Banking

Blog08/22/2019

Loose monetary policy can appear to work so long as real wealth is expanding. But money expansion weakens wealth creation over time, eventually leading to slower growth, lost wealth, and economic busts.

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Richard von Strigl on Subjective Value

Blog08/08/2019

Economic valuation, as such, is only meaningful when related to the possible employments of an economic good, and such employment can only be carried out by acting human beings.

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Recycling: Wasting Resources While Claiming to Conserve Them

Bureaucracy and RegulationValue and Exchange

Blog08/02/2019

Recycling isn't free. It requires the use of time and resources, many of which end up wasted. But politicians keep insisting that recycling is always a win-win, even though we have many examples to the contrary.

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Robots Ready to Scoop Ice Cream Jobs

Blog08/02/2019

As Murray Rothbard so rightly put it, minimum wage laws translate into “compulsory unemployment.” They don't provide any jobs. They only outlaw them.

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Rothbard on Our Debt to Society

07/26/2019Power & Market

Robert Nozick's point that we cannot be taxed on the grounds that we are in part 'social products' is taken from  Murray Rothbard's Power and Market.

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Rothbard on Slavery Reparations

07/12/2019Power & Market

Rothbard considered how we might determine reparations for stolen land.

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Returns, Refunds, and Opportunity Cost

The EntrepreneurEntrepreneurship

Blog06/28/2019

A business owner who cannot understand why a customer is not happy — or even very disappointed — with getting a full refund for a faulty product has failed to grasp some very fundamental economic concepts.

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Rest Easy, Justin

06/27/2019Power & Market

Justin Raimondo, longtime editor of AntiWar.com and a great friend of the Mises Institute, has died.

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