Mises Wire

How Entrepreneurs Discover Market Opportunities Through Dissatisfaction

The Entrepreneur

Blog10/15/2019

Entrepreneurs try to find gaps in the marketplace where consumers are not quite satisfied with the status quo. Successful entrepreneurs then fill in those gaps.

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Have Free-Market Economists Conquered the World?

U.S. History

Blog10/14/2019

Both left and right now repeatedly push a myth: the myth that governments have been taken over by laissez-faire hard-core free-market economists who have turned the world into a landscape of untrammeled capitalism.

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The World's Least-Free Countries Reveal Just How Much "Socialism Sucks"

Blog10/12/2019

When socialists held up Venezuela in the 2000s, the message was, ‘See, we told you so; socialism works!’ but when failure happened, the message changed to, “No, wait — that’s not real socialism!’

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Paleolithic People Were Not Primitive Communists

SocialismProduction Theory

Blog10/10/2019

Assuming that some groups of foragers indeed practiced "primitive communism," they would have died out because they had lost the fierce competition with the more economically viable "libertarian" tribes. Communism has never appeared spontaneously and "naturally" in the history of mankind.

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Government Meddling Is the Reason You're "Underpaid"

Blog10/07/2019

It is frequently allege that, under capitalism, people aren’t paid what they are worth to employers. But the commonly-drawn implication that state intervention will improve things is false.

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Are Entrepreneurs Born or Made?

The EntrepreneurEntrepreneurship

Blog10/05/2019

In The Free Market and Its Enemies, Mises wrote, “Even though you know everything about the past, you know nothing about the future.” This explains that the timeframe and economic constraints at work are vital to the expression of entrepreneurial talents.

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Markets Rely on Accurate and Honest Information — But Governments Want the Opposite

PricesValue and Exchange

Blog10/03/2019

Market prices reveal critical information about sellers, buyers, and market demand. But government interference in markets substitutes a fake version of reality that leads to impoverishment.

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Harry Jaffa, Michael Anton, and Me

Blog10/03/2019

Harry Jaffa's disciples are rather sensitive to criticism.

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