Mises Wire

Why Austrian-School Economists Tend To Be Libertarians

History of the Austrian School of Economics

Blog10/26/2019

Austrian-school economics is value-free and is not necessarily in favor of laissez-faire. But the Austrian view of markets and market power tends to push one in the laissez-faire direction.

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Why Austrian School Economists Have a Better Understanding of Goods and Services

Austrian Economics OverviewOther Schools of ThoughtValue and Exchange

Blog10/24/2019

What makes a good a good is not the physical thing itself, but the value we find in it because it is serviceable toward some valued end.

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Why the Pursuit of Profit Makes Us All Better Off

The Entrepreneur

Blog10/21/2019

When entrepreneurs create profit, we know they are using resources in a way that benefit others. When entrepreneurs causes losses, they are destroying wealth.

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What if the Majority Voted for “None of the Above”?

Political Theory

Blog10/18/2019

Allowing a space on the ballot for "none of the above" would be a step in the right direction toward a slightly less farcical political system.

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Why the State Can't Claim Our "Implied Consent"

Big Government

Blog10/16/2019

The given explanations for "implied consent" to government rule would never pass muster if applied to any private-sector organization.

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What We Can Learn from Indian Tribes on Immigration

Decentralization and SecessionU.S. History

Blog10/15/2019

If we grant that Indian tribes ought to be able to restrict membership (i.e., naturalization) for their own groups, on what principle can this be denied to other groups?

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Why "Worker Exploitation" Is a Myth

Labor and Wages

Blog10/14/2019

Workers get paid now, but the capitalists only get paid if there is a profit. This is why workers aren't paid 100 percent of the value of their output. For them, there is far less risk than for the capitalist.

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Wilhelm Roepke, RIP

BiographiesHistory of the Austrian School of Economics

Blog10/10/2019

In the midst of moral and intellectual decay, Roepke was an inflexible harbinger of the return to reason, honesty and sound political practice.

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