Mises Wire

A Puzzle about Mises and Conscription

War and Foreign PolicyPhilosophy and Methodology

Blog6 hours ago

Not only are conscripts enslaved, often under brutal conditions, they can be sent to die in battle. Mises opposed conscription, but there was an exception.

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Why Central Planning by Medical Experts Will Lead to Disaster

Blog04/09/2020

Medical experts have tunnel vision when it comes to disease and public policy, and they greatly overestimate their own abilities to anticipate unintended costs and consequences.

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Entrepreneurship Is the Foundation of a Productive Society

The EntrepreneurMedia and Culture

Blog04/09/2020

To spread the benefits of goods and services, we must first spread the mindset needed to take on the task of producing goods and services. That is, the mindset of entrepreneurship.

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Education and the Coronavirus: Trying to Look on the Bright Side

Education

Blog04/08/2020

Entrepreneurs new ways of serving established markets, but large institutions will keep with what has worked in the past so long as it just continues to work in the present. Radical change happens only in an emergency. For the British university that time has now arrived.

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The Real Cost of Anti-Price-Gouging Laws

Price ControlsCalculation and Knowledge

Blog04/08/2020

If buyers aren't allowed to compete in terms of prices, they'll be forced to compete in terms of time waiting, distance traveled, or other real costs.

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Italy's Healthcare Sector Badly Needs Deregulation and More Private Spending

Bureaucracy and RegulationHealthPrice Controls

Blog04/07/2020

Thanks to regulations and a lack of private spending, Italy's healthcare system had very limited capacity even before the current crisis.

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What Is the Good Entrepreneur to Do?

The EntrepreneurValue and Exchange

Blog04/04/2020

Some anticapitalists have tried to claim "good" entrepreneurs don't make profit the primary goal. Yet, without profit, an entrepreneur cannot serve the people who depend on him or her for goods and services.

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Equality and Levelling Down

SocialismPhilosophy and Methodology

Blog04/03/2020

Egalitarians think that equality has intrinsic value: they advocate it for its own sake, not just to forestall bad consequences. But why is a situation in which some in it have been made better off, and none worse off, worse than one of equality?

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