Ludwig von Mises Institute

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Mises Daily : Mises Institute on Austrian Economics and Libertarianism
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How Minimum Wage Laws Increase Poverty

4 april, 2014 - 06:00
Those who keep their jobs benefit from minimum-wage increases, but less-skilled and less-experienced workers face greater competition from other low-wage workers.

We Don’t Need “Animal Spirits” to Understand Economics

3 april, 2014 - 06:00
Mainstream economics often invokes vague and unquantifiable concepts like animal spirits to explain how economies work.