Mises Wire

Why the Government Can't Measure Income, Happiness, or Well-Being

Calculation and Knowledge

Blog09/17/2019

When a parent leaves the work force to focus on parenting, this shows up in government stats as lower employment and less consumer spending — suggesting a less productive economy. But that's not what's going on at all.

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Per Bylund: Big Data versus Big Ideas

The EntrepreneurStrategyEntrepreneurship

09/17/2019Audio/Video
Per Bylund explains what Big Data can and can’t do for entrepreneurs and innovation teams.
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Walmart's Healthcare Experiment Has Begun, It May Be A Game Changer

Free MarketsHealthU.S. Economy

Blog09/17/2019

Here we see two rival strategies to marketing healthcare services. The status quo is based on insurance payments and price secrecy. Walmart's strategy is based on price competition. 

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Rothbard Lectures on American History: Lost and Found

U.S. HistoryWar and Foreign PolicyHistory of the Austrian School of Economics

Blog09/17/2019

While searching through my apartment after a tragic fire, under soot and ash, I found these “lost” Rothbard lectures, recorded at NYU in 1979 and 1980.

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The History of Sin

Media and CultureU.S. History

09/16/2019Mises Wire
The Puritan impulse for social reform produced social control that has been secularized, centralized, and has achieved a kind of permanence within government bureaucracy.
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More Money Pumping Won't Make Us Richer

Money and BanksMoney and Banking

Blog09/16/2019

Neither loose monetary policy, nor big-spending fiscal policy can grow an economy. All that these policies can do is to redistribute a given pool of real savings from wealth generators toward non-wealth generating activities.

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The Nationalist Case for Free Trade, in the Words of Classical Economists

Protectionism and Free Trade

Blog09/16/2019

The classical economists were also nationalists, and they viewed free trade as one of the most important means for advancing the security, prosperity, and cultural achievements of their own nations.

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