Mises Wire

What Happened When One Company Set a Minimum Wage of $70,000

The EntrepreneurPricesValue and Exchange

08/11/2015Mises Wire
When one CEO set his company's minimum wage at $70,000, some denounced the move as “socialism.” But the real situation is more complex than that, and we should look at how CEOs can use wages to achieve a variety of personal goals.
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Why Faster Is Often Better, But Not Always

Production Theory

07/21/2014Mises Daily Articles
Booms and busts are brewing in the real economy, but computers that can quickly solve math problems won't tell you much about how business cycles work.
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