Government attempts to limit “monopoly power” cannot improve well-being. Download lecture slides at Mises.org/MU23_PPT_15. Recorded at the...
There is no clear basis in economics, ethics, efficiency, or fairness for Minimum Wage Laws. The minimum wage...
Karl-Friedrich Israel discusses modern econometrics, utility and welfare economics, and econometrics as a set of descriptive tools....
Pennsylvania has no state minimum wage. Currently, the law of the land is the federal minimum wage...
Postwar Germany was occupied, in ruins, with an economy in chaos. Germans were reduced to using cigarettes...
Time is an irreversible flux. Each moment has a unique place in the sequence of moments of time...
In 1920, Ludwig von Mises destroyed the intellectual foundations of the case for socialist central planning. Download...
Capital is the starting point of economic calculation. Download lecture slides at Mises.org/MU23_PPT_13. Recorded at the Mises Institute...
You’re driving on a two-lane road and see cars headed your way. Do you drive off the...