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Prohibition's Repeal: What Made FDR Popular

Free MarketsU.S. HistoryInterventionismOther Schools of Thought

02/24/2021Mises MediaLlewellyn H. Rockwell Jr.

As Mark Thornton has shown, the big legislative change that FDR made at the start of his presidency, the decision that affected every single American citizen from one coast to the other, was the repeal of the thirteen-year hell of Prohibition.

Mauricio Miller: Entrepreneurship as the Path Upwards from Anywhere, for Anyone

The EntrepreneurEntrepreneurship

02/23/2021Mises MediaHunter Hastings

Entrepreneurship — not job creation programs — is the best pathway for all people out of unsatisfactory economic circumstances.

China Needs More Economic Freedom—Not a Bigger Welfare State

Global EconomyMoney and Banking

02/23/2021Mises MediaMihai Macovei

Mainstream economists claim China needs more consumption and a bigger welfare state. They think China's high savings rate is a bad thing. These economists are wrong.

The High Cost of Using the Minimum Wage as a Form of Welfare

Labor and WagesTaxes and SpendingU.S. Economy

02/23/2021Mises MediaMartin Jones

Social activists now regard the minimum wage as another welfare program that can reduce the costs of programs like Medicaid and food stamps, and can reduce inequality. But the minimum wage is very poorly targeted for these purposes.

The Problem with the "Robber Baron" Narrative

U.S. HistoryMonopoly and Competition

02/22/2021Mises MediaAntonis Giannakopoulos

We're now hearing many calls for more antitrust legislation applied to Big Tech because these firms are allegedly monopolies. But old-fashioned antitrust was a disaster, as will be new efforts against tech companies.

Economists and Psychologists Are Weaponizing Psychology and the Idea of "Rationality"

Bureaucracy and RegulationFinancial MarketsPaternalismPlanning

02/20/2021Mises MediaGrace Ann Converse

Behavioral economists and psychologists define as irrational anything that doesn't fit into a narrow model of behavior. Anything "irrational"—like buying the "wrong" stock—must be fixed with government regulation.

Covid in Florida, Pennsylvania, Colorado: How 3 States Did Lockdowns

Big GovernmentHealthInterviewsMedia and Culture

02/19/2021Mises MediaRyan McMakenTho BishopZachary Yost

Tho Bishop and Zachary Yost join Ryan McMaken to discuss covid politics in three states, and whether anyone is paying any attention to social distancing rules anymore.

The Fight over Economics Is a Fight over Culture

ProgressivismU.S. History

02/19/2021Mises MediaRyan McMaken

Explaining good economic theory is about explaining how the other side is ripping you off.

Is Math Racist? That Does Not Compute

EducationMedia and CultureWorld History

02/19/2021Mises MediaGary Galles

Rather than representing “white supremacy,” the evolution of mathematics has been a globe-, race-, and culture-spanning collaboration of advancements, an ongoing development of more effective tools for anyone to use.

Pennsylvanians May Amend Constitution to Stop Endless Lockdowns

Bureaucracy and RegulationDecentralization and SecessionLegal System

02/18/2021Mises MediaZachary Yost

Not only will these amendments reduce the abuse of emergency declarations, but they will also help to decentralize power within Pennsylvania. While COVID-19 has allowed the executive branch to run wild, Pennsylvania is actually structured in a way that makes the decentralization of power easier.