Mises Wire

ESPN and the Bursting of the Sports Bubble

Media and CultureMonopoly and Competition

Blog9 hours ago
ESPN is losing 10,000 customers per day, and this means big trouble for all of the sports entities that depend upon the big payouts that ESPN provides.

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Entrepreneurship’s Split-Personality Problem

The EntrepreneurEntrepreneurship

Blog05/16/2017
Practice and theory are often seen as being distinct and in conflict with each other. But, hands-on entrepreneurs can learn a lot from economic theory.

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Economists Are Not Plumbers

Blog05/15/2017
The American Economic Review has published Esther Duflo's Richart T. Ely Lecture, "The Economist as Plumber".

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ESPN is a Reminder That on the Market, No One Is Too Big to Fail

Free MarketsMedia and Culture

Blog04/27/2017
If ESPN wants to regain its dominance, it must return to what built it in the first place: giving consumers the sports content they want.

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Efficiency: Pentagon Big Bomb Killed Militants at $4,722 Each

War and Foreign Policy

Blog04/21/2017
Renowned surreal fiction writer Franz Kafka would have had trouble conceiving of a more absurd plot than last week's dropping of the MOAB bomb.

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End Airline Protectionism: Allow Foreign Carriers on Domestic Routes

Blog04/11/2017
Thanks to federal bans on competition from foreign carriers, domestic airlines can get away with poorer service — at the expense of their customers.

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Ending the Federal Reserve from the Bottom Up

The FedMoney and BanksMoney and Banking

Blog03/30/2017
Article 1, Section 10 of the US Constitution already provides state governments with tools they need to undermine the central bank's money monopoly.

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EU President Hopes the US Breaks Up into Smaller Pieces

Political Theory

Blog03/30/2017
One can only hope Europhiles begin to advocate for the break-up of the American union. I'd suggest they start in California.

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End the State's Monopoly on Policing

Big GovernmentLegal System

Blog03/29/2017
When a state possesses a monopoly on the use of force, this doesn't necessarily mean states must also monopolize police services.

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Entrepreneurial Super-Intelligence: Praxeology in the Age of A.I.

The EntrepreneurStrategyPraxeology

03/17/2017Audio/Video
Hunter Hastings outlines how artificial intelligence opens up a whole new era of spontaneous order.

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