Interventionism

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The 2021 Nobel Prize and the Trend of Economic Thinking

BiographiesCapitalismProtectionism and Free TradeTaxes and SpendingInterventionismOther Schools of Thought

Blog10/11/2021

The 2021 Nobel Prize in Economics has been awarded to Berkeley's David Card, MIT's Josh Angrist, and Stanford's Guido Imbens for their work on "natural experiments," a currently fashionable approach to estimating the causal impact of one economic variable on another. 

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"The Great Reset" Is the Road to Socialism Mises Warned Us About

Big GovernmentInterventionism

Blog09/30/2021

Just as Mises warned, interventionism succeeded where communism failed, successfully toppling governments around the world that never had true respect for property rights.

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Why Everyone Should Read These Two Essays by Ludwig von Mises

Austrian Economics OverviewInterventionism

Blog09/27/2021

The public must come to a fuller understanding that without private property there is no liberty; that there is no safe middle of the road; and that we citizens are engaged in a constant struggle with government over how much of our own property, and of the fruits of our own labor, we will be...

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Taxation through a Rothbardian Lens

Taxes and SpendingInterventionism

Murray Rothbard was a pioneer in analyzing taxation from an Austrian or causal-realist standpoint. However, he never explicitly engaged the standard theory of deadweight loss from taxation. This article develops the Austrian analysis of taxation further toward this end

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Mises Explains the Santa Claus Principle

Taxes and SpendingInterventionism

Blog12/21/2020

An essential point in the social philosophy of interventionism is the existence of an inexhaustible fund which can be squeezed forever.

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Another Pointless Antitrust Campaign by Federal Regulators

Interventionism

Blog10/30/2020

The feds claim the chicken industry is trying to exploit the consumer. Yet several decades ago, chicken was more expensive than beef, but thanks to industry efforts, chicken is exceptionally affordable now.

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Covid and the Escalation of Medical Tyranny

Big GovernmentHealthInterventionism

Blog10/06/2020

Covid has exposed how easy it is for government to weaponize healthcare. How long will the doctor-patient relationship remain sacred?

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Are Negative Rates a Natural Historical Development?

Financial MarketsInterventionism

Blog08/12/2020

Central bankers are saying two things at once. First, they say that negative interest rates are a natural historical development. But then they say negative rates are an essential tool central banks are using to manipulate the economy.

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