Mises Wire

Why the Pursuit of Profit Makes Us All Better Off

The Entrepreneur

Blog10/21/2019

When entrepreneurs create profit, we know they are using resources in a way that benefit others. When entrepreneurs causes losses, they are destroying wealth.

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Why "Worker Exploitation" Is a Myth

Labor and Wages

Blog10/14/2019

Workers get paid now, but the capitalists only get paid if there is a profit. This is why workers aren't paid 100 percent of the value of their output. For them, there is far less risk than for the capitalist.

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Will the Drive to Devalue the Dollar Lead to a Plaza Accord 2.0?

Money and Banks

Some people — including Donald Trump — think the dollar is too strong, and many propose the creation of a new version of the Plaza Accord, i.e., a multilateral agreement that includes coordinated intervention in foreign exchange markets.

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Why the Fed's Mythology Endures, with Murray Sabrin

Big GovernmentThe FedAustrian Economics Overview

09/27/2019Audio/Video
Professor Murray Sabrin joins Jeff Deist for a comprehensive look at central bank mythmaking.
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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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When Will the Stock Market Respond to 2016's Liquidity Collapse?

Financial MarketsMoney and BanksMoney and Banking

Blog07/08/2019

 A major factor that can explain the apparent contradiction between weakening so-called fundamentals of today — and the stock market's continued march upward — is changes in monetary liquidity.

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Will China Reverse Its Trade Surplus with the United States?

Global EconomyProtectionism and Free Trade

Blog05/30/2019

Even if Trump and Xi both desire to reduce America's trade deficit with China, it's unlikely it will shrink in the short term.

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Was Bastiat an Economic Theorist?

Right now there is a stimulating online conversation going on about Bastiat's contributions to economic theory in his treatise Economic Harmonies.

05/24/2019Power & Market
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