Mises Wire

Why Government Can't Measure Your Happiness

Calculation and KnowledgePolitical Theory

09/19/2019Audio/Video
When a parent leaves the work force to focus on parenting, this shows up in government stats as lower employment and less consumer spending — suggesting a less productive economy. But that's not what's going on at all.
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Why the Government Can't Measure Income, Happiness, or Well-Being

Calculation and Knowledge

Blog09/17/2019

When a parent leaves the work force to focus on parenting, this shows up in government stats as lower employment and less consumer spending — suggesting a less productive economy. But that's not what's going on at all.

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Why Government Plans for Fixing Recessions Ultimately Fail

Business CyclesOther Schools of Thought

09/14/2019Mises Daily Articles
The fundamental error of the interventionists is that they ignore the shortage of capital goods.
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Why They Keep Trying to Blame Capitalists for Slavery

Free MarketsU.S. HistoryPolitical Theory

09/13/2019Audio/Video
The resurgent claim that the modern economy was built on slavery is yet another attempt to attack capitalism while also claiming "we are all to blame" for slavery. The slave owners of old tried a very similar tactic.
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Why a Prominent Economist Abandoned His Support for Carbon Taxes

The EnvironmentTaxes and SpendingOther Schools of Thought

Blog09/10/2019

Activists who genuinely believe the world faces catastrophe should give serious consideration to David Henderson’s reasons for thinking a carbon tax might be a false “solution."

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Why is the "Cost of Living" in Cities so High?

Labor and WagesU.S. EconomyPrices

Blog09/04/2019

More than half of the people in the world currently live in urban areas or cities, in spite of it being more expensive to do so. Why?

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What Is "Originary Interest"?

Financial MarketsMoney and BanksCapital and Interest TheoryFiscal TheoryMoney and Banking

09/03/2019Mises Daily Articles
People do not save and accumulate capital because there is interest. Interest is neither the impetus to saving nor the reward or the compensation granted for abstaining from immediate consumption. It is the ratio in the mutual valuation of present goods as against future goods.
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Will Robots Replace Human Workers? Let's Hope So.

Labor and Wages

Blog08/30/2019

New technologies, not the state, will be the key to making it ever easier to meet basic needs and diminish the perceived need for more government services.

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