Mises Wire

Non-Renewable Resources Never Really Run Out

The EnvironmentEntrepreneurship

Blog07/03/2019

Supply, demand, and prices affect human usage of natural resources in such a way that the most scarce and valued resources are economized and preserved. The practical effect is that valuable resources never really run out.

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No, Robots Cannot Replace Us

Blog09/18/2018

When robots may be more effective workers and possibly better engineers, they cannot figure out what is valued. That’s the task of entrepreneurs, who bet on what consumers will want.

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NRA-Republican Backed Bill Makes it Easier for Feds to Disarm Citizens

Big Government

Blog12/08/2017
The NRA and their GOP supporters in the House have sided with the power of the Federal government over the second amendment rights of Americans.
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NFL Teams are Right to Blackball Colin Kaepernick

Free Markets

Blog05/18/2017
Kaepernick's protests alienated the NFL's consumers. Football may be king — but the customer is always right.
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NFL Free Agency and the Market Process

Free MarketsEntrepreneurshipPrices

Blog03/09/2017
Any serious analysis of the NFL is incomplete without a sound understanding of basic economics.
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No, "Big Data" Can’t Predict the Future

Calculation and KnowledgePhilosophy and MethodologyPraxeology

12/07/2015Mises Wire
We've been told that with enough data, we can use sophisticated computing methods to predict the future. That often works with the physical sciences, but predicting human action is something else altogether.
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