Mises Wire

Who Is Henry Hazlitt?

BiographiesHistory of the Austrian School of Economics

Jonathan Newman discusses the contributions of Henry Hazlitt (1894–1993), the brilliant popularizer of sound economics.
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When "Mental Health" Is Used to Empower the State

Legal System


Broadening state powers to declare people "mentally ill" is a dangerous proposition. 

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Why Robots Won't Cause Mass Unemployment

Calculation and Knowledge


There will always be jobs because there will always be scarcity. Human wants are unlimited, yet the resources are limited — even with robots.

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Wealth Isn't Just Measured in Money — It's Measured in Choices

Media and CultureValue and Exchange

Don't compare incomes today to incomes of long-ago time periods. The wealth and choices available to income-earners has changed drastically over time.
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What European Integration Should Look Like

World HistoryPhilosophy and MethodologyPolitical Theory


The European Union could have been a mere union of states committed to increasing free trade and free movement. But, it has become nothing of the sort.

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Will Latin America Finally Embrace Markets?

Global EconomyWorld HistoryPolitical Theory


Recent defeats for left-wing governments in Latin America are a good thing, but the region has a long way to go in embracing free markets.

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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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