Mises Wire

Why Employer-Funded Health Plans Are Turning to Free Market Medicine

Health

09/05/2019Audio/Video
Jay Kempton shares insights from his recent efforts to turn employers away from the wasteful and corrupt health insurance benefit model.
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The "Public Goods" Excuse for Big Government

Blog09/05/2019

We can't just assume "public goods" like national defense benefit everyone. They come with real costs, and all the "services" that fall under the category of national defense are certainly not of equal use or benefit.

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Government Won't Save Us From "Woke" Corporations

Political Theory

Blog09/05/2019

The last thing we need is a government "solution" to corporate efforts to crush speech and dissenting opinions. Answers lie in the marketplace.

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Ludwig von Mises’s Human Action: Marking 70 Years of Continuing Relevance

Book ReviewsHistory of the Austrian School of Economics

Blog09/04/2019

The social, political, and economic conditions of our world today give Ludwig von Mises’s treatise a refreshing relevance matched by few other works written over the last century.

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Jay Powell's Critics Don't Know More than He Does

Money and BanksMoney and Banking

Blog09/04/2019

In the blurry world of conflicting economic indicators and forecasts and policy surprises, activist policymakers at the Fed do not know exactly what the “right” monetary policy is today. Neither do their activist critics.

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Why is the "Cost of Living" in Cities so High?

Labor and WagesU.S. EconomyPrices

Blog09/04/2019

More than half of the people in the world currently live in urban areas or cities, in spite of it being more expensive to do so. Why?

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What Is "Originary Interest"?

Financial MarketsMoney and BanksCapital and Interest TheoryFiscal TheoryMoney and Banking

09/03/2019Mises Daily Articles
People do not save and accumulate capital because there is interest. Interest is neither the impetus to saving nor the reward or the compensation granted for abstaining from immediate consumption. It is the ratio in the mutual valuation of present goods as against future goods.
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