Mises Wire

The Myth of "Planned Obsolescence"

Monopoly and CompetitionValue and Exchange

10 hours agoThe Free Market
In times of massive and frequent technological improvement, it would be sheer waste for manufacturers to dump resources into making products last past their usefulness.
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Abolish the Tampon Tax, Even If It's What SJWs Want

Blog10/22/2019

The SJWs protesting the so-called "tampon tax" are doing so for rather questionable reasons. But if they're going to argue that taxes are a bad thing, we shouldn't stop them.

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The EU's Protectionist Impulses Are Showing in Turkey Deal

Protectionism and Free Trade

Blog10/22/2019

EU politicians and technocrats like to present themselves as progressive and enlightened policymakers. But that virtuous mask slipped after German auto giant Volkswagen announced that its new facility would be located in Turkey instead of an EU member nation.

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Professor Arthur Diamond on Sustaining Innovative Dynamism

The EntrepreneurEntrepreneurshipPrices

10/22/2019Audio/Video
Will America’s future be more entrepreneurial, or less? Hunter Hastings explores the implications with Professor Arthur Diamond.
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All Human Beings — Not Just Capitalists — Are Self-Interested

Blog10/22/2019

Economists don't claim that self-interest is a moral good. They simply recognize it's an important part of human nature, and that government and social institutions must be designed for the human beings that actually exist — callous self-interest and all.

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James Mill and Libertarian Class Analysis

BiographiesFree MarketsWorld HistoryPolitical Theory

10/21/2019Mises Daily Articles
The theory of class conflict did not begin with Karl Marx. It began with two French libertarians, and James Mill developed a similar theory in the 1820s and 1830s.
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Why the Pursuit of Profit Makes Us All Better Off

The Entrepreneur

Blog10/21/2019

When entrepreneurs create profit, we know they are using resources in a way that benefit others. When entrepreneurs causes losses, they are destroying wealth.

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