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What “Capitalism” Really Means

Mises Institute ·

2024/12/01

Capitalism is characterized by the private ownership of capital, coming from Lockean homesteading principles, and not from state coercion and force.

Don’t Knock Nock

Mises Institute ·

2024/12/01

Contrary to anti-freedom myths, "greedy" business owners don't decide what prices will be for goods and services.

What Has Government Done to Our World?

Mises Institute ·

2024/11/30

In What Has Government Done to Our Money? Murray Rothbard changes your whole view of the world—not just money.

Orwellian Libertarianism: The Topsy-Turvy World of...

Mises Institute ·

2024/11/30

Walter Block has attempted to reconfigure libertarian thinking in regards to self-defense. Unfortunately, his theories are illogical, Orwellian, and conflict with Murray Rothbard‘s clear thinking on the issue.

Responding to Bryan Caplan's Continued Critique of...

Mises Institute ·

2024/11/30

Bob reacts to Bryan Caplan's current views, arguing that the history of economic thought is indeed important, and the Misesian approach to praxeology is crucial.

An Austrian Perspective on Tariffs

Mises Institute ·

2024/11/30

The election of Donald Trump has revived debate about tariffs and their effects. Austrian economists point out that the damage tariffs impose is not limited to increasing consumer prices. They also create major distortions in the markets.

There Is No “Efficient” Government

Mises Institute ·

2024/11/29

We hear of many schemes to promote government "efficiency." The problem is that the very nature of government makes “efficiency” impossible.

Bankers, Fed Origins, and World War I

Mises Institute ·

2024/11/29

The First World War was critical to boosting the influence of that child of progressivism and Wall Street corporatism: the Federal Reserve System.

What's at Stake in "Stakeholder" Capitalism?

Mises Institute ·

2024/11/29

Puzder supports what is today called “enlightened shareholder values,” according to which shareholders want “woke” goals.

Why Commies Hate Your Thanksgiving Dinner

Mises Institute ·

2024/11/28

In 1923 Lenin released a propaganda pamphlet titled Down with the Private Kitchen. It explained how private dinners with one's family are reactionary, bourgeois, and generally something requiring total destruction.

The Market Process Is Indivisible and...

Mises Institute ·

2024/11/28

When government agents intervene into the economy, they do so without even understanding how market processes work in the first place. This lack of knowledge makes things even worse, as regulators are not even aware of the damage they are causing.

The Great Thanksgiving Hoax

Mises Institute ·

2024/11/28

In the early years, the pilgrims of Plymouth Colony adopted a 17th-century form of socialism and nearly starved to death. They had little to be thankful for until they gave up on dreams of utopia and turned to markets instead.

Why Communists Don't Like Thanksgiving

Mises Institute ·

2024/11/28

In this episode, Ryan McMaken takes a look at how the domestic and commercial rituals of the Thanksgiving holiday are things that communists really don‘t like.

Don’t Sell DOGE Short—Yet

Mises Institute ·

2024/11/27

It is unlikely many of the Department of Government Efficiency’s recommendations will ever be implemented. The value of the DOGE lies in how it exposes government waste.

Thanksgiving Day

Mises Institute ·

2024/11/27

The great free-market classical liberal William Leggett believed that Americans do not need politicians telling us on which days Americans ought to be thankful.

Ghost Guns and the Second Amendment

Mises Institute ·

2024/11/27

The latest boogeyman conjured up by the Biden administration is ghost guns.

Don't Sell DOGE Short—Yet

Mises Institute ·

2024/11/27

It is unlikely many of the Department of Government Efficiency's recommendations will ever be implemented. The value of the DOGE lies in how it exposes government waste.

Jamaica and the Failure of the Entrepreneurial State

Mises Institute ·

2024/11/27

As we see from Jamaica‘s experience, attempts by the government to be entrepreneurial misallocate resources, waste money, and achieve poor results.

I, Pencil: A Corollary

Mises Institute ·

2024/11/27

Not a single person on the face of this earth makes a pencil. Not only is this corollary true, but it’s also now jurisprudence.

Copernicus Was Also Right in Economics

Mises Institute ·

2024/11/26

Nicolaus Copernicus is best known for his observation that the sun was at the center of our solar system, but he also made a number of astute observations about economics.

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