Since Adam Smith, economic thinkers have failed to understand that profits in a market economy are not extractions of wealth from laborers. In truth, profits lead to higher wages and higher living standards for those workers.
Ezra Wyrick
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Ezra Wyrick is a Rockwood, Tennessee, native , a first-generation high school graduate {homeschooled}, Director of Communications for the Liberty Youth Coalition {LYC}, Editor-in-Chief of Mises Magazine, and also a 2023 Mises University alumni. He is involved in forthcoming legislative accountability efforts in Tennessee and is passionate about personal civil liberties and a restrained approach to governance - emphasizing individualism.
Latest work
The war on the producer is raging on, and the assault on free enterprise and the entrepreneur is hitting an all-time high. Whether it be politicians, academics, or the mainstream media, there’s a...
As a native of the rural Appalachian portion of East Tennessee, I have witnessed the impact of Certificate of Need (CON) laws firsthand on small, disadvantaged rural communities. These contemptible...
