Mises Wire

Is Free Market Economics Too "Ideological"?

Free MarketsPhilosophy and Methodology

Blog02/20/2020

Free market economics is often ignorantly dismissed for being "ideological" rather than scientific. It probably sounds smart to the economically illiterate, but it is decidedly not.

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Intellectual Property: Innovation Should Serve Consumers, Not Producers

Protectionism and Free TradeEntrepreneurship

Blog02/06/2020

Innovations aren't very useful unless they serve consumers in the marketplace. Otherwise, we're pursuing innovation for its own sake, and that isn't progress.

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Investors, Randomness, and Entrepreneurial Thinking

Financial MarketsMedia and CultureCalculation and Knowledge

Blog01/07/2020

It's possible for investors and entrepreneurs to make a lot of money in markets without understanding the economic theory behind their actions.

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Is There a Limit to How Big a Corporation Can Get?

EntrepreneurshipMonopoly and Competition

Blog06/27/2019

Natural constraints on firm size are numerous, and in a truly free market, large firms would be constantly prone to being broken up and put out of business by competition. And all to often, huge firms become more long-lived due to government intervention.

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It Turns out the Long Term Does Matter After All

Blog02/20/2019

When the topic involves poverty, bank failures, unemployment or inequality, the advocates of fashionable policy implore us to take immediate action, almost regardless of the costs down the line. Enter climate change and this seemingly changes everything.

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In Socialist Venezuela the Poor Starve to Death While the Politically Powerful Feast

Big GovernmentGlobal EconomySocialism

Blog09/20/2018

While the outrage over Maduro’s dinner with "Salt Bae" is well deserved, it's just a taste of how socialism actually operates in the real world. 

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Is There a Difference Between Economic Power and Political Power?

Capital and Interest TheoryPolitical Theory

Blog05/24/2018

Critics of capitalism are often confused by the difference between political and economic power. 

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Iran Sanctions a Reminder of How America Militarized the Financial System

Money and BanksWar and Foreign PolicyMoney and Banking

Blog05/14/2018

Europe must identify ways to limit their dependence on the US financial system – or else indeed be reduced to de facto-vassal status to DC.

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