Mises Wire

Surviving Tech Purges: What We're Doing at the Mises Institute

StrategyHistory of the Austrian School of Economics

Blog01/13/2021

We will never water down our message to satisfy censors or maintain a particular platform; instead we will work around them. 

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Socialists Claim Their System Is Morally Superior. They're Wrong.

CapitalismSocialismWorld History

Blog01/09/2021

Even granting the goals of “meeting people’s needs” and “selflessness” cherished by socialists, a property-based market economy is far superior at meeting those goals in modern civilization compared to a top-down, centrally controlled socialist system.

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Subjective Value Is Not the Same as Arbitrary Value

Value and Exchange

Blog01/05/2021

Why do individuals pay much higher prices for some goods versus other goods? The answer requires understanding the law of diminishing marginal utility. 

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Slavery: The "Broken Window" of American Economic History

Blog12/03/2020

The "New Historians" can identify the ostensible economic prowess of slavery, but they have ignored the many unseen costs imposed by slave economies.

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Socialist Robert Heilbroner's Confession in 1990: "Mises Was Right."

Blog12/01/2020

The 1920 article by Mises is as unknown today by graduate students in economics as it was in 1990, 1950, or 1930. But at least one man in the socialist camp admitted to the New York literati that Mises was right. 

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Stop Confusing Money with Wealth

Cronyism and CorporatismFinancial MarketsInflation

Blog11/13/2020

Useful goods and services, and the productive resources needed to create useful goods and services, are wealth. Money is not wealth, and creating more money without first creating wealth is a big problem. 

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Socialists Have Never Shown How They Could Increase the Standard of Living

Blog11/03/2020

Fighting erroneous socialist doctrines is not a special interest of a single class but the cause of all; everyone would suffer under the limitation of production and of progress entailed by socialism.

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Social Media Companies Aren't the Good Guys. They're Also Not Monopolists.

Media and CultureMonopoly and Competition

Blog10/24/2020

Social media has lied about user privacy and has misled the public about the platforms' status as open forums. But none of this makes these companies monopolies. 

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