Mises Wire

How to Think about Value, Money, and Price


We cannot compare the subjective values of different people, as their experienced satisfactions are personal. It is nonsense to say that Adam likes pears 20 percent more than Beth likes pears.

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Housing Is Getting Less Affordable. Governments Are Making It Worse.

U.S. Economy


The average new home in America was still well over 50 percent larger in 2021 than in the 1960s. Yet in an age of declining affordability, governments won't let homes get smaller. 

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How to Think about Production and Entrepreneurship


Entrepreneurs serve consumers by creating our future. They do this by trying ideas for new, imagined goods and paying wages to workers and developing new capital. 

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Higher Education in Crisis: The Problem of Ideological Homogeneity



College faculties historically have leaned left-of-center, but today, a rigid progressive ideology is enforced not only by faculty, but also by higher education administrations.

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Higher Education Woes: Student Loans Help Fuel Higher College Costs

Bureaucracy and RegulationEducationTaxes and Spending


While President Biden claims that forgiving student loans helps reduce college costs, it is the loan program itself that is responsible for much of the explosive growth of higher education spending.

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Has the USA Reached Another Historical Inflection Point?

Economic PolicyU.S. EconomyU.S. HistoryWorld History


More than thirty years ago, Japan Inc., seemed like a global economic juggernaut. Today, no country fits that category, thanks to massive government spending and economic intervention.

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How to Do Economics


Sound economic reasoning highlights a major difference between social sciences and the natural sciences. We cannot rely on observation and measurement to gain understanding of social phenomena.

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Hazlitt's Lesson Restated: New Jersey's Disastrous Ban on Single-Use Plastic

Bureaucracy and RegulationThe Environment


Virtue-signaling politicians in New Jersey have banned single-use plastic bags, claiming to "help the environment." They need to read Hazlitt's Economics in One Lesson instead.

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