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Howard Buffett on Conscription and American Militarism

"If [the draft bill] is passed, the House will be shoving down the throats of the American people the despotic concept of 'Theirs not to reason why; Theirs but to do and die.'"

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Hayekian Coercion

Blog08/07/2020

The political theorist Douglas W. Rae argues that to get the advantages of Hayekian freedom, everybody should be guaranteed a minimum amount of resources so that they can fully participate in the market.

Economics for Beginners

Blog08/05/2020

These short animated videos cover core economic topics, highlighting how economic decisions are a part of our day-to-day life.

The Origins of the Dollar's Value

Blog08/07/2020

 The value of a paper dollar originates from its historical link to commodity money—which happens to be gold—and not government decree or social convention.

The Hiroshima Myth

08/06/2020Mises Daily Articles

"Unfortunately, I have lived long enough to know that history is often not what actually happened but what is recorded as such."

Why the US Economy Is Stronger Than the Eurozone's

Blog08/06/2020

Debt and recession in the United States are big problems. But in both cases, metrics show a better situation in the US than in the eurozone.

Today's Anticapitalists Are Closer to Fascism Than They Think

Blog08/06/2020

Today's anticapitalists fall into a familiar pattern pioneered by Mussolini and Giovanni Gentile.

On the Impossibility of Intellectual Property

08/05/2020Quarterly Journal of Austrian Economics

Beyond being incompatible with natural rights and detrimental to the dissemination of innovations, the concept of intellectual property is a praxeological impossibility. 

A Lefty Politician Wants to Get Rid of History Class. He's Right.

08/05/2020Power & Market

We'd all be better off if public school history class were replaced by reruns of old Saturday morning cartoons. That would be better than the twelve years of anticapitalist propaganda students are getting now.

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