Mises Wire

Austrian-Style Entrepreneurship Explains Much of China’s Growth.

The EntrepreneurEntrepreneurship

Blog07/22/2019

For centuries, entrepreneurial talents in China were diverted to military wars, political struggles, and government services. But now things are changing.

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Old Wisdom Applied to Current Spending Proposals

Blog07/20/2019

“A billion here, a billion there, pretty soon you’re talking about real money.”

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Can We Still Avoid Inflation?

Booms and BustsBusiness Cycles

07/17/2019Articles of Interest
Inflation can always give only a temporary fillip to the economy, and will leave us with a legacy of postponed adjustments and new maladjustments which make our problem more difficult.
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Free Trade vs. Government Diktat

Protectionism and Free Trade

Blog07/17/2019

In every trade, a person is giving up something he values less for something he values more. Every time a shopper buys any item from another person, he has improved his standard of living, and so has the seller.

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Steven Phelan on Managing Expectations

The EntrepreneurEntrepreneurship

07/15/2019Audio/Video
Hunter Hastings and Steve Phelan discuss the task for entrepreneurs and business owners — in fact anyone in business — that is often overlooked and equally as often mis-executed.
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Who Will Benefit More from Libra: The Unbanked, or Wall Street?

Financial MarketsGlobal EconomyMoney and Banks

Blog07/11/2019

Since Libra is an extended arm of the current financial system, first-world economies could benefit at the cost of developing economies.

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Peter Klein on Transaction Costs

The EntrepreneurEntrepreneurship

07/09/2019Audio/Video
Are you transaction cost savvy? Peter Klein explains why it’s important.
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Why Socialism Must Fail

Free MarketsSocialismOther Schools of Thought

Blog07/08/2019

Socialism and capitalism offer radically different solutions to the problem posed by scarcity.

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