Value and Exchange

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Everyone Wants Profits — Including "Non-Profit" Groups

The EntrepreneurPraxeologySubjectivismValue and Exchange

Blog06/05/2016Jonathan Newman

Every human action is undertaken in the hope of gaining at least some psychic profit. Profit need not be measured in dollars.

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Westley Seeks to Support the "Productive Class"

Taxes and SpendingValue and Exchange

Blog06/03/2016Mises Institute

Christopher Westley is blunt about his organization's mission. "I want it to support the productive class of society."

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Overtime Regulations Disproportionately Harm Young People and Startups

InterventionismPrivate PropertyValue and Exchange

Blog05/22/2016Zachary Slayback

The ability to work long hours is one of the few advantages young people have in the work place.

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The Art of Advertising

Media and CultureValue and Exchange

Blog05/18/2016Ludwig von Mises

It is a widespread fallacy that skillful advertising can talk the consumers into buying everything that the advertiser wants them to buy.

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The Poverty of GDP

Global EconomyCalculation and KnowledgeValue and Exchange

Blog05/14/2016Carmen Elena Dorobăț

The choice between various ways of ‘measuring’ economic variations (and gauging their causes from these measurements) is arbitrary from an economic point of view, and becomes a largely political endeavor.

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Customer Service, Government Style: Huge Wait Times for TSA "Security"

BiographiesTaxes and SpendingValue and Exchange

Blog05/10/2016Ryan McMaken

The taxpayers will complain a little, but they'll be sure to re-elect most of the politicians who gave us this status quo.

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Why Socialism Will Always Fail

Calculation and KnowledgeProduction TheoryValue and Exchange

Blog04/27/2016Ludwig von Mises

The paradox of "planning" is that it cannot plan, because of the absence of economic calculation.

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Four Reasons Why Government Spending Is Even Worse Than Taxes

Taxes and SpendingPolitical TheoryPricesValue and Exchange

Blog04/14/2016Ryan McMaken

The way that government collects taxes is awful. The process of spending it is even worse.

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The Ethics of Capitalism

Philosophy and MethodologyValue and Exchange

Blog04/13/2016Ludwig von Mises

Man is not evil merely because he wants to enjoy pleasure and avoid pain — other words, to live.

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Don’t Confuse the Cost of College with the Cost of an Education

Taxes and SpendingPricesValue and Exchange

Blog04/07/2016Ryan McMaken

Thanks to government loans, the price of college has skyrocketed in recent years because student loans mean colleges can raise their prices without driving away otherwise-price-sensitive students. Only a fraction of the hefty price hikes go toward classroom instruction or core educational...