Three Economics Lessons I Learned from My Dad
Business owners understand that the key to prosperity is to reduce costs and deliver more goods to the customer. Wage workers, however, often want higher prices in order to "protect" their jobs.
Mises Wire
All Is Not Well In Financial Markets
As investments — previously thought to be profitable — turn out to be flops, firms will start liquidating unfinished projects and layoffs will begin.
Capitalism: Why Chile Is So Much Richer than Venezuela
Chile has enjoyed strong growth since it shifted to freer markets, especially compared to Venezuela, which is burdened by a vicious form of statism.
Socialized Medicine: An Accounting Perspective
A healthcare system based on profit-and-loss is the only way to progressively improve the price, quantity, and quality of healthcare.
Spending Our Way to a Fiscal Crisis
The Social Security and Medicare trust funds will both soon be bankrupt, putting additional strains on the federal budget and American taxpayers.
Most Entrepreneurs Are Bad Entrepreneurs
If you are “self-employed,” you do not have the luxury of focusing on keeping down or cutting (your) costs instead of creating value.
Alexandria Ocasio-Cortez Was Predictable
What is most troubling about Ocasio’s meteoric rise to political fame is her complete disregard for basic economics.
The Government’s War on Ladies Who Drive You Home from the Hospital
Yet again, the government regulators show us that their real motivation is not consumer protection.
6 Reasons Why a Trade War with the Chinese Is Pointless
China's so-called "unfair" trading practices really hurt China more than they hurt American businesses.
Saving, not Technology, Is the Key to Economic Growth
The real impediment to economic growth has been the relentless central bank tampering with financial markets.
