Mises Wire

Walmart's Healthcare Experiment Has Begun, It May Be A Game Changer

Free MarketsHealthU.S. Economy

Blog09/17/2019

Here we see two rival strategies to marketing healthcare services. The status quo is based on insurance payments and price secrecy. Walmart's strategy is based on price competition. 

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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 Entrepreneurs Are Different

The Entrepreneur

Blog09/09/2019

Entrepreneurial action provides the fuel for the constant mining of consumer value. If entrepreneurs cease acting in this way, consumers will cease to see innovation and growing value in the marketplace.

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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 We can Learn from Liechtenstein

Decentralization and SecessionWorld History

Blog09/03/2019

The Liechtenstein constitution goes to great pains to place obstacles in the way of exercising state power. It also has provisions explicitly allowing for secession.

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Why Employers Can't Exploit the Workers, Even if They Try

Blog09/02/2019

In a competitive economy, employers are unable to pocket the surplus produced by workers. If the employers try to do this, they lose market share and their best workers.

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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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Why Big Business Prefers Lobbying Government to Competing in the Marketplace

Corporate Welfare

Blog08/29/2019

When corporations can make more money by angling for government favors than they can by serving customers, that is exactly what they are going to do.

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