Mises Wire

Our Disastrous Obsession with Equality

Blog2 hours ago

In a true market economy, the financial success one person cannot conceivably be the cause of someone’s else’s poverty. In fact, the opposite.

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Introducing the Economics For Entrepreneurs Podcast

The EntrepreneurEntrepreneurship

02/15/2019Audio/Video
Hunter Hastings introduces his new weekly podcast focused on helping the real life, flesh-and-blood entrepreneur to succeed.
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The Ethics of Capitalism

From the ArchivesLegal SystemPhilosophy and Methodology

Blog02/14/2019

There is no justification for any lawful entrepreneur to feel any sense of guilt in appropriating the results of his or her creative activity.

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The Folly of Minimum Wage Laws

Blog02/14/2019

Wishing people had higher wages doesn't change the fact that it's impossible to make people richer by merely passing a law. Workers can only sustainably be paid more if they produce more. Fortunately, markets offer an answer to this problem.

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Ludwig von Mises and the Nature of Money

Money and BanksHistory of the Austrian School of EconomicsMonetary Theory

Blog02/13/2019

Among the fallacies Mises debunked in his first book were those of the chartalists - the predecessors of Modern Monetary Theory.

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On Appeasing Envy

Free MarketsWorld HistoryInterventionism

02/06/2019Mises Daily Articles
The envious are not satisfied with equality; they secretly yearn for superiority and revenge.
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Why Austrian Economics Is More Reality-Based than the Neoclassical Approach

Austrian Economics OverviewHistory of the Austrian School of EconomicsPhilosophy and Methodology

Blog02/02/2019

A sober look at the assumptions underlying neoclassical analysis reveals that they are either not realistic or not applicable in economic analyses of the real world.

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Mises's Proposals for a 100-Percent Reserve Requirement

Money and BanksMoney and Banking

Blog01/28/2019

"The main thing is that the government should no longer be in a position to increase the quantity of money in circulation and the amount of checkbook money not fully — that is, 100 percent — covered by deposits paid in by the public."

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