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The labor theory of value has long undermined people’s understanding of the miracles created by markets and rationalized various incarnations of socialism which mangle those miracles. Leonard Read understood why undoing that misunderstanding by all who hold to it, as

Every company starts as an innovation. Thereafter, the unceasing challenge is to keep innovating because the market continues to change, technology continues to advance and, crucially, customer expectations continue to rise. Economics For Business speaks with Joe Matarese, Executive Chairman

In an economy where the ruling party controls enormous portions of the economy, attempts to redistribute some of that state-owned wealth isn't necessarily a move against the private sector. Original Article: "Cronyism, Not Welfare, Is China's Big Problem​" This Audio Mises Wire

After a dead period for much of the twenty-first century, a particular tool at the hands of the state has been dominating recent news cycles: antitrust law. This legal ability to fine, prevent, and “break up” different profit-maximizing tactics of

After the Lehman collapse, Wall Street learned nothing. In fact, Wall Street instead embraced Too Big to Fail which means the financial sector is more dependent on government than ever before.  Original Article: "Thanks to Bailouts, Wall Street Banks Are More

With inflation running at over 6 percent and interest rates on savings near zero, the Federal Reserve is delivering a negative 6 percent real (inflation-adjusted) return on trillions of dollars in savings. This is effectively expropriating American savers’ nest eggs at the rate of 6 percent a

Both Bloomberg and the cannabis industry publication Marijuana Moment now report that Republican Congresswoman Nancy Mace is preparing to introduce new legislation ending the federal prohibition on marijuana. According to Bloomberg: A Republican bill to legalize marijuana at the federal level in

In an age of growing productivity and technological advancement, goods would be getting cheaper every year. This is a reason why price inflation rises more slowly than money supply inflation. Original Article: "In a Free Economy, Prices Would Be Going down,

Over the past year and a half, we have seen some of the largest divides in US state policy in recent history. Certain states such as California have implemented heavy lockdowns, mask mandates, curfews, and other restrictions for months on

Vaccine mandates are much easier to enforce thanks to the spread of government spending, government contracting, and monopolized government services. Original Article: "Employer Vaccine Mandates: When the Feds Pay the Piper, They Call the Tune​" This Audio Mises Wire is generously sponsored