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Even as price inflation slows and we move past June’s peak, progressives continue to push the concept of “greedflation”—that this year’s price inflation is caused by corporate greed and price gouging. This is inaccurate, based on bad economics, and it blames a consequence of the

Fundamentally, in a system in which the knowledge of the relevant facts is dispersed among many people, prices can act to coordinate the separate actions of different people in the same way as subjective values help the individual to coordinate the parts of his plan. —F.A.

Have you ever lusted for a Lamborghini? I have. Specifically, the Lamborghini Aventador LP 7~00-4 Roadster convertible. There’s only one thing stopping me from getting one. With options, it sells for just under half a million dollars. That’s for a car, a special car, but by

After praising Mises for his work on socialism, Tyler Cowen goes on to claim Human Action is "cranky and dogmatic." "Brilliant and insightful" would have been more truthful. Original Article: "Misunderstanding Mises, Again" This Audio Mises Wire is generously sponsored by Christopher Condon. '