Look to China to Learn About America
Given that the American people have been inculcated with the notion that they are a free people who live under limited government, whatever the federal government does is considered part …
Mises Wire
Power over Nature vs. Power over Man
[From Power and Market.] It is quite common and even fashionable to discuss market phenomena in terms of “power”—that is, in terms appropriate only to the battlefield. We have seen …
There’s Nothing Natural About Socialism
The socialist idea has many forms and flavors; however, one can observe three main paths toward socialism. They are the socialization of the means of production, wealth redistribution, and collectivization …
Why They Keep Trying to Blame Capitalists for Slavery
The resurgent claim that the modern economy was built on slavery is yet another attempt to attack capitalism while also claiming “we are all to blame” for slavery. The slave …
“Libertarian” Is Just Another Word for (Classical) Liberal
Virtually all laws involve “legislating morality.” When people use this phrase they often really just mean “I want laws to back my version of morality, not yours.” Original Article: “Libertarian” …
De-Dollarization: Europe Joins the Party
The ongoing “World War of Currencies”, as the German journalist Daniel D. Eckert called it, the battle for the future of the world monetary system is not a shallow action …
Unsound Money, Unsound Economy
Most people who have undertaken a formal study of economics end up accepting such things as the necessity of a central bank to prevent or at least ameliorate recessions. They …
“Libertarian” Is Just Another Word for (Classical) Liberal
The term “liberalism” is a victim of what historian Ralph Raico has called “conceptual mayhem.” From its original use to describe the ideology of private property and freedom for individuals, …
Using World War I to Prove the Incompetence of State Militaries
Bob Murphy uses some samples from Dan Carlin’s amazing podcast, Hardcore History, to illustrate the flaws with state-provided military services. Bob concludes that minarchists have nothing to fear, and they …
Like Most Government Central-Planning Schemes, Zoning Laws Raise the Cost of Living
In the classic video game Sim City, players acting as the mayor of a simulated city begin by allocating space by industrial, residential, and commercial zones. There is no option …