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Free MarketsAustrian Economics Overview
What these "excuses" point to is the marginal productivity of the worker is lower than the salary the employer is forced to him pay by law.
Free MarketsWorld HistoryPolitical Theory
Amazon's new cashier-less and staff-less store is just the latest move in a long history of innovations that have made workers obsolete.
Big GovernmentFree MarketsMedia and CultureAustrian Economics Overview
Merry Christmas and Happy Holidays from everyone at the Mises Institute.
Corporate WelfareFree MarketsTaxes and SpendingPolitical Theory
Europe's tobacco bans have managed to destroy businesses without actually getting people to stop smoking.
Free MarketsLegal SystemWorld History
It was in Europe — and above all, America — that human beings first achieved per capita economic growth over a long period of time.
EducationFree MarketsU.S. Economy
Auburn, Alabama, is featured on the front cover of today's Wall Street Journal. I was interviewed extensively for the story, but was not mentioned. The story is about the relationship between the state university and increased manufacturing jobs.
The EntrepreneurFree MarketsEntrepreneurship
We are told that robots will take our jobs. However, material liberation has allowed us to live more fulfilling lives than before.
Free MarketsPolitical TheoryValue and Exchange
Independent contractors such as Uber drivers may be legislated out of existence by European politicians.
The EntrepreneurFree MarketsGlobal Economy
Whales were rapidly on their way to extinction until the petroleum industry undermined the whaling industry.
The EntrepreneurFree MarketsMedia and Culture
Only peaceful social cooperation enables us to take advantage of the best parts of human life and escape the tyranny of biological competition.