The Peculiar and Unique Position of Economics
Great men cannot adjust social conditions to their plans if they do not convince public opinion.
Mises Daily
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Jean-Baptiste Colbert and Louis XIV
Colbert: "The art of taxation consists in so plucking the goose as to obtain the largest amount of feathers with the least amount of hissing."
The Truth About the “Robber Barons”
Most of the businessmen we now call Robber Barons got rich by using the power of the state, and not by serving their customers in a free market.
Messianic Communism in the Protestant Reformation
Some Reformers devoted themselves to the cause of communism as it had supposedly existed in the primitive Christian Church.
Classical Liberalism versus Anarchocapitalism
The anarchocapitalist agenda will include ever reducing the size and power of states through decentralization, libertarian nationalism, and secession.
Inflation and the Fall of the Roman Empire
At the end, the Romans welcomed the barbarians as liberators from the kleptocratic Roman state.
Opportunity and the Entrepreneur
The discovery and (potential) exploitation of opportunities is proposed as the unit of analysis for entrepreneurship research.
Murray Rothbard and the Deflation Bogey
Contra the "experts," the economy really needs a strong bout of deflation to eradicate malinvestments and to permit the economy to have a real recovery.
J.B. Say Salvages the Entrepreneur
If Adam Smith purged economic thought of the very existence of the entrepreneur, J.B. Say, to his everlasting credit, brought him back.
Libertarian Paternalism
David Gordon reviews Nudge, co-written by Richard Thaler, who was awarded the 2017 Nobel Prize in economics.
