Calculation and Knowledge

Displaying 31 - 40 of 545

What's the Correct Number of Women Commandos?

Taxes and SpendingWar and Foreign PolicyCalculation and Knowledge


The military can't rationally allocate resources because it can't properly determine prices for them.

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Entrepreneurship is the Key to Immigration

The Police StateCalculation and KnowledgeEntrepreneurship


Defenders of free markets give entrepreneurs their full confidence in virtually every area of society, so why not immigration?

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The Faulty Logic of GDP Necessitates an Economic Paradigm Shift

Calculation and Knowledge


After almost eight decades of flawed logic, we are due for an economic paradigm shift.

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Ignorance Is More Costly in Politics than in Markets

The EntrepreneurCalculation and KnowledgePolitical TheoryValue and Exchange


Not understanding how politics works will prove to be much more harmful than ignorance about how markets work.

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Economic Reality Matters More than "Expectations"

Financial MarketsCalculation and Knowledge


Efforts to manipulate people into thinking the economy is good contribute to the ills brought on by the boom-bust cycle.

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How Back-to-School Shopping Is like American Politics

Taxes and SpendingCalculation and KnowledgeInterventionism


As 2016's campaign unpleasantness has accelerated, many Americans were going through another often-unpleasant experience: back-to-school shopping.

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Insider Trading and Taxes: The State Wants to Read Your Mind

Legal SystemMedia and CultureCalculation and Knowledge


The state at all levels is unable to legislate against intent despite its best efforts.

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Why We Need Profits

Taxes and SpendingCalculation and KnowledgeMonetary TheoryValue and Exchange

Monetary profit is not the only kind of profit, but in a complex world, monetary profit is essential in building sustainable economies.

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Britain's Minimum Wage Short-Changes Young Workers

Global EconomyCalculation and KnowledgePrices


In the UK, a national minimum wage was introduced in 1999. Things have been getting worse for young workers ever since.

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How the State Worsens Economic Inequality

Business CyclesCalculation and KnowledgeMoney and BankingPrivate Property


Our monetary system favors those who are already-wealthy at the expense of those who are only beginning the wealth-building process.

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