Mises Wire

In January 1921, thirty-five hundred people packed the Lexington Theater in midtown Manhattan to hear a debate of socialism. Ludwig von Mises in Vienna later called the debate "instructive."

As we prepare for 2021, here is a collection of Dr. Gordon's book reviews from the past year. Each article features his piercing Rothbardian-insight into some of the most important new books of 2020.

Corporate cost cutting sets the stage for future gains in profitability and productivity, and there is no resulting "paradox of thrift" requiring easy money policies to "fix" the problem. 

In his new book, conservative author R.R. Reno thinks that openness is not a strong enough principle for a society to rally behind. Unfortunately, his answer is to get behind the state.

Everything we do is thanks to donors like you, not billionaires, big foundations, or government grants. We wish you peace and prosperity in 2021.

No matter how bleak the economy may be, the Keynesians are likely to say, “It would have been worse without us.” 

Let us begin with what CBDCs definitely are not: they are not a new kind of cryptocurrency akin to bitcoin.

The aims of the WEF are not to plan every aspect of production and thus to direct all individual activity. Rather, the goal is to limit the possibilities for individual activity—by dint of squeezing out industries and producers within industries from the economy.

The Left has often claimed that privatization is a neoliberal scam. But actual experience suggests privatization schemes have improved access to goods and services while raising productivity and real incomes. 

The idea of ordinary people enjoying luxuries and "unnecessary" items has long troubled intellectuals and aristocrats. But thanks to capitalism, ordinary people can now enjoy the basic pleasures the ruling classes have long seized for their own.