Mises Wire

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.
Read More

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.
Read More
Shield icon audience