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It should come as a monumental embarrassment to future social scientists to observe that their mainstream predecessors were worse than useless for predicting and remedying the disaster, writes Mark R. Crovelli.
This audio Mises Daily is narrated by Steven Ng.
The job applications pour in by the buckets, all padded with degrees and made to look as impressive as possible. It's all just paper. But experience and reputation are gold, writes Jeffrey A. Tucker.
This audio Mises Daily is narrated by Steven Ng.
A satisfactory explanation of business fluctuations must not be built upon the fact that individual firms make bad investments. Trade-cycle theory must explain the general upswing of business activities and the following general depression, writes Ludwig von Mises (1881–1973).
This audio Mises Daily is narrated by Jeff Riggenbach.
With so many state governments' budgets now under severe strain, there are serious discussions about how to cut state funding to public education. Hopefully, the schools themselves will become only a memory of a less-enlightened past, writes Gennady Stolyarov II.
This audio Mises Daily is narrated by the author.
Armand Jean du Plessis, Cardinal de Richelieu (1585–1642), considered the mass of Frenchmen simply as animals to be prodded or coerced in ways that were optimal for the French state, writes Murray N. Rothbard (1926–1995).
This audio Mises Daily is narrated by Jeff Riggenbach.
The owner of ghetto housing differs little from any other purveyor of low-cost merchandise, writes Walter Block.
This audio Mises Daily is narrated by Jeff Riggenbach.
The beginning of a new credit expansion runs across remainders of preceding malinvestment and malemployment, not yet obliterated in the course of the readjustment process, and seemingly remedies the faults involved. In fact, however, this is merely an interruption, writes Ludwig von Mises (1881–1973).
This audio Mises Daily is narrated by Jeff Riggenbach.
If monopoly companies for specific products or specific areas of trade were good, reasoned François du Noyer, sieur de Saint-Martin, why not go one better? Why not one big company, one gigantic monopoly for virtually everything?
This audio Mises Daily is narrated by Jeff Riggenbach.
There is as much work to be done as there are unfulfilled desires. Therefore, no matter how much work the rate buster completes, he cannot possibly exhaust or even make an appreciable dent in the amount of work to be done, writes Walter Block.
This audio Mises Daily is narrated by Jeff Riggenbach.
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