Mises Wire
Artificial Intelligence and Irrational Fears
There has been much hysteria over the rise of artificial intelligence, much of it overblown and downright silly. No, AI is not about to impose tyranny on helpless humanity. Like all other technology, AI is a tool that can be used for good or ill.
Is Private Property Simply a Racial or Social Construct?
Postmodern and Marxist "scholars" claim that private property simply is a social construct that is a product of white racism. Austrians reply that private property comes from natural rights, not vague social decrees.
How Statism Destroyed Argentina
In less than a century, Argentina went from being one of the world’s wealthiest nations to one that struggles with poverty and massive inflation. Human Action provides lasting wisdom to improve life in that country.
The War on Poverty Makes Poverty Worse
Government officials like to claim they are doing something about reducing poverty. The trouble is, of course, that what they are doing makes things worse. Here on Income Tax Day, we recommend that next time, they should do nothing.
Renato Moicano: “If You Care About Your...Country, Read Ludwig von Mises.”
Read the book promoted by Brazilian fighter Renato Moicano at UFC 300 for free.
The Lords of Easy Money, The Price of Time and Austrian Business Cycle Theory
Two new books, The Lords of Easy Money and The Price of Time, while not specifically Austrian, present readers with financial scenarios that mesh well with the Austrian business cycle theory.
The Hazards of “Colorblind Equality”
While “colorblind equality” has a better ring to it than the DEI regime, nonetheless, the concept is unworkable and actually contributes to worsening racial outcomes.
Disappointing News
The inflation news from the Federal Reserve is once again disappointing.
The Myth of the Equilibrium Interest Rate
The concept of an “equilibrium interest rate” is of limited, if any, aid to our economic understanding. Never mind the persistent popularity which it has enjoyed under fiat money regimes.