October 7, 2019        
Government Meddling Is the Reason You're "Underpaid"
by Gary Galles

It is frequently allege that, under capitalism, people aren’t paid what they are worth to employers. But the commonly-drawn implication that state intervention will improve things is false.
A Biography of Henry Hazlitt
by

"The art of economics consists of looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups."

As the US prison population grew, prisoners turned to larger organizations — such as prison gangs — to provide services and maintain order in prisons.

In The Free Market and Its Enemies, Mises wrote, “Even though you know everything about the past, you know nothing about the future.” This explains that the timeframe and economic constraints at work are vital to the expression of entrepreneurial talents.
 

    

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