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June 10, 2020

Mises Institute

By Doug French

The Flexner Report and Our Modern Medical Cartel

The medical profession has long employed the state to pad doctor salaries and influence. Before the Flexner Report, mechanics made more than doctors and the brightest students avoided the profession to enter the clergy.

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By Claudio Grass

Economic Collapse Has Turned Many Europeans against the EU

Ironically, the economic collapse in Europe has united both the poor and rich members of the EU in agreement that the EU has none of their best interests at heart. The political winds have shifted and are blowing against the EU.

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By Hunter Hastings

Mark Packard’s Value Learning Process: The Two Kinds of Knowledge Entrepreneurs Must Have

The world is changing at such a pace, and your customers’ preferences are changing so fast, that your business has to change at the same speed, or even faster. How to keep up is a part of the entrepreneurial challenge.

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By Frank Shostak

The Importance of Economic Theory in Understanding Historical Data

"History cannot teach us any general rule, principle, or law. There is no means to abstract from a historical experience a posteriori any theories or theorems concerning human conduct and policies."

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