While the democratic socialists are claiming to just want a society like they have in Denmark, their real aims are the seizure of all or most private property and especially private capital.
While the democratic socialists are claiming to just want a society like they have in Denmark, their real aims are the seizure of all or most private property and especially private capital.
Bob sits down with the managing editor of the Libertarian Institute, Keith Knight, to sample arguments from his recent four-hour video cataloguing sixty-four problems with democratic socialism.
On this episode of Power and Market, Ryan, Connor, and Tho discuss the recent SCOTUS decisions as well as JD Vance's recent praise for the economic views of Alexander Hamilton.
How the Industrial Revolution and foreign investment made some nations rich while others stayed poor, closing with Mises’s defense of capitalism.
The crucial difference between physical “capital goods” and “capital” as an accounting concept, and how profit and loss, private property, and economic calculation steer production toward what consumers actually want.
Mises defends his use of the word: true liberalism is defined by private ownership of the means of production, and he explains why he keeps the name despite its distorted modern usage.
Mises's guided reading list of the essential works of liberal thought, from Hume, Smith, and Bentham onward, for readers who want to study the tradition in depth.
Mises argues that modern civilization rests on liberalism and capitalism, and can be destroyed only from within—by the spread of antiliberal ideas, not by any outside enemy.
Modern historians rarely have told the truth about the history of capitalism, and especially in the early days of the Industrial Revolution. It is time to set the record straight.
