Mises Wire

In a Free Market, No Profit is "Excessive"

The EntrepreneurPrices

Blog6 hours ago

Profit is a product of the mind, of success in anticipating the future state of the market. It is a spiritual and intellectual phenomenon.

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Will Trump Continue the Bush-Obama Legacy?

The FedTaxes and Spending

Blog8 hours ago

The only way to avoid fiscal crises is to stop increasing spending and instead begin reducing spending on all aspects of the welfare-warfare state.

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Free Market Economics and Crony Capitalism

Corporate WelfareFree MarketsWorld History

Blog01/13/2017

Does not big business wrap itself in the mantle of free markets? If so, are not exponents of free markets supporting crony capitalism?

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No Country Should Be Bigger Than This

Big GovernmentPolitical TheoryPrivate Property

Blog01/13/2017

Even if we agreed that states can provide certain amenities of value, state powers still become dangerously prone to abuse the larger the state grows.

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Week in Review: January 14, 2017

Corporate WelfareTaxes and SpendingPolitical Theory

Blog01/13/2017

The nation braces itself for the inauguration of a new president. Politics, however, will not cure what ails us.

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Nick Sorrentino: Against Crony Capitalism

Big GovernmentCorporate Welfare

01/13/2017Audio/Video
Nick Sorrentino and Jeff Deist discuss the systematic distortion of real capitalism.

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Good Economics Is "Bizarre" for Minimum Wage Supporters

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.

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Beware "Revenue Neutral" Tax Reform

Taxes and Spending

Blog01/12/2017

There is a lot of talk about tax reform these days. Not surprisingly, none of it involves cutting spending or lessening government revenue.

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What European Integration Should Look Like

World HistoryPhilosophy and MethodologyPolitical Theory

Blog01/12/2017

The European Union could have been a mere union of states committed to increasing free trade and free movement. But, it has become nothing of the sort.

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Tom Woods and Shawn Ritenour Discuss The Mises Reader

Blog01/12/2017

Shawn Ritenour and Tom Woods discuss The Mises Reader, now available from The Mises Institute.

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