Mises Wire
The Skinny on American Academia
From the Economist: “America’s universities lost their way badly in the era of easy money.
Boomtown Exodus
Back in the boom, Sin City’s population grew by nearly 200 each day.
Gains From Trade With Extreme Differences
The law of comparative advantage shows us that people can consume more than they would be able to produce on their own.
Gains From Trade: An Example
Can two people still gain from trade even if one person is a lot better at something than the other person?
Demand is down, so we must raise our prices!
The demand for building permits and the other related “services” that can only be purchased at city hall in Las Vegas has plummeted.
On the Fifth Anniversary of Katrina...
...disaster recovery remains an important area for research.
Historic Day in Austrian Economics
Today is a historic day in Austrian economics. Today a Ph.D.-level seminar in Austrian economics commences at the University of Missouri.