Mises Wire

It's Easy to Believe AOC Has an Economics Degree

02/21/2020Power & Market

Many people seem to be under the wrong impression that getting an economics degree nowadays leads one to have reverence for private markets and entrepreneurs. That's not what economics departments teach.

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Individual Responsibility and Guilt

Philosophy and Methodology

Blog02/21/2020

Susan Neiman contends Southerners need to acknowledge guilt for slavery, segregation, and lynching, and "work off" the past. But collective responsibility is a chimera, and a dangerous one at that.

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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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If Trump Decides to Start a Nuclear War, No One Can (Legally) Stop Him

War and Foreign Policy

Blog01/08/2020

There's no evidence Trump is more trigger-happy than any other president, but the presidency's unchecked nuclear-launch power will remain a problem both now and with future presidents.

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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 Greater Productivity a Danger?

Free MarketsInterventionism

01/01/2020Mises Daily Articles
It is true that if labor becomes more efficient, workers must find other uses for the time they now have available. But why is this a problem? Human beings have unlimited wants, and there are always new uses for human labor.
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Is China a Better Trading Partner for Latin America Than the US?

Protectionism and Free Trade

Blog12/30/2019

Some Latin American policymakers seem to think China will offer easy terms for loans and trade agreements. They're wrong. China isn't as rich as many think.

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