Epstein on Utilitarianism
The great legal scholar Richard Epstein makes some strong arguments in favor of utilitarianism, according to Dr. David Gordon in this week’s Friday Philosophy. However, Dr. Gordon still remains unconvinced.
Mises Wire
The Strawman That Won’t Die: Say’s Law at the Hoover Institution
Many have misstated Say’s Law for years. J. M. Keynes incorrectly attributed a concept to Say that he did not hold: “supply creates its own demand.” Even the great Thomas Sowell restated this error.
Honey, Knowledge, and Property Rights in Zimbabwe
Zimbabwe’s honey industry has great potential—as long as they can allow the market to work. There is a history of socialism to overcome.
Ron Paul’s 2001 Alternative: What Could Have Been
Twenty-five years ago, in the immediate wake of 9/11, Ron Paul did not propose doing nothing. Instead, he proposed targeting Osama bin Laden and al Qaeda rather than launching a global War on Terror.
Legitimate Care or a Tax-Fed Racket? Mental Health Care for Adolescent Girls
The federal government has poured billions of dollars into the mental health industry, and the result seems to be even more diagnosed mental illnesses with no relief in sight.
Nobel Prize for Keynesian Economics
The recent awarding of the Nobel Prize for Economics to Robert E. Hall and Michael Woodford shows that the Keynesian paradigm is alive and well. That is bad news for everyone else.
What Leads to Violent Populism?
As government grows and people on most sides of the political debates demand government punish their political enemies, we are seeing an increase in political violence. Government cannot prevent this violence; government is the violence.
The Polish “Golden Liberty” and the Myth of Multicultural Equality
The free market isn’t an entity that exists in a vacuum, but a social condition that exists under a specific cultural strand that respects individuality and proportionality in regards to competition—willingness to accept loss when outcompeted.
Iran, the Midterms, and the Myth of Government by the People
Trump's apparent willingness to restart his unpopular war with Iran after next week’s elections reveals a fundamental problem with modern mass democracy. And, in doing so, it helps clarify how public opinion actually affects government.
The American Government’s Shameful Economic Warfare Against Cuba
The belief that an economic siege can bring about the collapse of socialist Cuba and install a free-market system rests on the assumption that economic and social transformation can be engineered through external pressure.
