The Minimum Wage and Progressive Eugenics, Again
The whole concept of the "living wage" was once a benchmark used to evaluate the worth of a human being. That is, if you couldn't earn a living wage, you were ripe for sterilization.
The whole concept of the "living wage" was once a benchmark used to evaluate the worth of a human being. That is, if you couldn't earn a living wage, you were ripe for sterilization.
Beginning this week, Business Insider now reprints selected articles from Mises Daily and Mises Wire, and will bring Mises.org content to a new and large demographic and audience.
We're being told to blame the current market volatility and emerging crisis on oil prices, China, and a "strong dollar." To find the real causes, though, we must look at central banks and at past mistakes and malinvestments.
In our efforts to soak the present rich we have been soaking the future poor.
Fear is in the air. Central bankers are warning of crisis, and while mainstream economists fear the falling prices that are on the horizon in our post-boom world, Austrians know that deflation and recessions are both inevitable and necessary.
The new trend among famous economists is pointing out the times they changed their views in light of new empirical findings. Far from defending economics as a science and a profession, this trend actually reveals the unscientific and ideological nature of mainstream economics.
Writing for Entrepreneur, Dr. Per Bylund outlines "3 Ways the Sharing Economy Changes Entrepreneurial Opportunity."