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Gary Galles

Tags Financial MarketsMonetary Theory

Works Published inMises Daily Article

Gary M. Galles is a professor of economics at Pepperdine University. He is the author of The Apostle of Peace: The Radical Mind of Leonard Read.

 

All Works

Medicare for All: Administrative Costs Are Much Higher than You Think

HealthTaxes and Spending

Blog12/04/2018

Those pushing Medicare for All rely on the presumption that it will generate huge administrative efficiencies. But they greatly underestimate the program's real administrative cost.

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Capitalism Means Less Waste — Because More Waste Means Less Profit

The EnvironmentProduction TheoryValue and Exchange

Blog11/17/2018

The concept of "productive complements" shows us how capitalists have long sought to make as much use as they can of every part of the materials they use to make goods.

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Infant Mortality Is a Misleading Statistic for International Comparisons

Blog11/08/2018

For example: Nonviable babies who die quickly after birth are recorded as live births in the U.S., but are more likely to be classified as stillbirths in other countries.

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How So Many Bad Ideas Manage to Win on Election Day

Bureaucracy and Regulation

Blog11/07/2018

Bad ideas can spread more quickly than good ones, often because they sound so good until you spend some time thinking about them.

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Insight Is a Terrible Thing to Waste

11/07/2018Power & Market
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