Articles of Interest

Displaying 1 - 10 of 312

Intellectuals and Socialism

World HistoryCalculation and KnowledgeInterventionismOther Schools of Thought

08/01/2020Articles of Interest
In every country that has moved toward socialism, the phase of the development in which socialism becomes a determining influence on politics has been preceded by a period during which socialist ideals governed the thinking of the more active intellectuals.
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Not Yours to Give

Taxes and SpendingU.S. History

06/26/2020Articles of Interest
"The power of collecting and disbursing money at pleasure is the most dangerous power that can be intrusted to man. You will very easily perceive what a wide door this would open for fraud and corruption and favoritism, on the one hand, and for robbing the people on the other."
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The Economics of War

Free MarketsTaxes and SpendingWar and Foreign Policy

03/03/2020Articles of Interest
In this article from 1950, Murray Rothbard suggests some of the less bad ways of financing military operations. Hint: monetary inflation and taxing savings and investment are among the worst.
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How Do We Calculate Value?

Calculation and KnowledgeValue and Exchange

01/14/2020Articles of Interest
Judgments of value do not measure: they arrange, they grade. If he relies only on subjective valuation, even isolated man cannot arrive at an economic decision based on more or less exact computations in cases where the solution is not immediately evident. To aid his calculations he must assume...
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The American Empire

U.S. History

12/23/2019Articles of Interest
The Roman Empire never doubted that it was the defender of civilization. Americans have added freedom and democracy. Yet the more that may be added to it the more it is the same language still. A language of power.
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That Which Is Seen, and That Which Is Not Seen

Legal SystemPhilosophy and MethodologyPolitical Theory

12/18/2019Articles of Interest
In the department of economy, an act, a habit, an institution, a law, gives birth not only to an effect, but to a series of effects.
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Menger's Anti-Historical Method Versus the Neoclassical Anti-Historical Method

History of the Austrian School of Economics

12/03/2019Articles of Interest
The Austrian-school approach, with its realist, real-world approach, is actually more inclined toward empiricism than the neo-classical economists who tend toward very abstract theories and models.
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Word, Action, and Entrepreneurship

EntrepreneurshipHistory of the Austrian School of Economics

11/29/2019Articles of Interest
An essential aspect of the Mengerian-Misesian tradition — the emphasis that it puts on the entrepreneurial character of all human action, that is, its inherent entanglement with the problems of scarcity and uncertainty.
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Legacy of Menger’s Theory of Social Institutions

History of the Austrian School of Economics

11/25/2019Articles of Interest
Menger’s insights about the origin of social structures inspired later contributions in three main areas: spontaneous order, money, and law.
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A Biography of Henry Hazlitt

Biographies

10/05/2019Articles of Interest
"The art of economics consists of looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups."
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