Patrick Newman on Rothbard and his Critics
The late Murray Rothbard has passionate fans and critics alike—but was he really the intransigent person his detractors portray? Was he prickly and difficult, or actually generous and helpful to …
Mises Wire
Shays’ Rebellion: The Excuse for a Centralized American State
[A review of Shays’s Rebellion: The American Revolution’s Final Battle by Leonard L. Richards, 2003] During the Revolutionary War, the individual states and Congress had issued fiduciary notes to finance …
Walter Block and William Barnett on Problems With the Hayekian Triangle
In a 2006 journal article, “On Hayekian Triangles,” Walter Block and William Barnett list 14 separate objections to the popular device used (in various forms) by Hayek, Rothbard, and Roger Garrison …
The Mounting Conservative Attack on Market Freedom
I haven’t run an empirical study on the number of articles published, but it sure feels like conservatives are writing more articles than usual condemning economic freedom, and the people …
The Hidden Costs of a Universal Basic Income
The universal basic income (UBI) is gaining popularity as the alternative to the current welfare system. The idea is to give each citizen the same amount of money, no matter …
The Hidden Costs of a Universal Basic Income
The universal basic income (UBI) is gaining popularity as the alternative to the current welfare system. The idea is to give each citizen the same amount of money, no matter …
Paleolithic People Were Not Primitive Communists
The resurrection of socialist ideas at the turn of the 21st century is a fairly evident phenomenon among part of the population of Western countries. Proponents of socialism have employed …
The End of Socialism and the Calculation Debate Revisited
The Review of Austrian Economics 5, no. 2 1991 At the root of the dazzling revolutionary implosion and collapse of socialism and central planning in the “socialist bloc” is what everyone …
The Return of Hyperinflation in Zimbabwe
It has been over a decade since Zimbabwe was ravished by one of history’s worst experiences in hyperinflation, reaching 79,600,000,000 percent as prices doubled approximately every 24.7 hours in November …
Tough Questions for Conservatives
Bob Murphy asks a series of tough (but fair, he hopes) questions for conservatives, ranging from tariffs to impeachment to drug prohibition. For more information, see BobMurphyShow.com. The Bob Murphy …