Many libertarians hold the view that state coercion is wrong, regardless of the ends to which that coercion is deployed. It is wrong for the state to force people apart in an apartheid system, and it is also wrong for the state to force people to engage in “inclusivity” under systems of equity and diversity which force people into contractual relations against their will for example in the context of employment or housing.

From everything I read you would think we were incapable of solving social problems.

In truth, we find matters only getting worse because the proposed solutions almost always involve the culprit—the state—taking more control over our lives.

Among the larger albatrosses burdening the economics profession is the idea of Homo economicus. To this day, most economics undergraduates hear about it in the context of neoclassical economics. Homo economicus, we are told, is the ideal economic man who always seeks to maximize profits and minimize costs. He only acts “rationally,” and rationalism is defined as, well, always seeking to maximize profits and minimize costs. Even worse, “profit” is often assumed to mean “monetary profit” measurable only in dollars (or some other currency).

On the 27th of March, Texas Governor Greg Abbott signed an executive order which had the purpose of curbing speech deemed as “anti-semitic” on all state-run universities. Unfortunately, speech protection on public universities has been shaky in the past with universities attempting to restrict speech many times with varying levels of success.

According to a new report from the federal government’s Bureau of Labor Statistics this week, the US economy added 175,000 jobs for the month of April while the unemployment rate rose slightly to 3.9%.

Finding the Money, a video aimed at explaining Modern Monetary Theory (MMT) to a popular audience, debuted today on several streaming platforms and theaters throughout the U.S.  Whether it succeeded or not in its aim I will leave it for others to judge.    What I found most noteworthy and illuminating  in the 95-minute video was a brief clip of an interview with George Selgin, an economist of some note in free-market monetary po

“Why do we borrow our own currency in the first place?”

Stephanie Kelton posed this question in her new documentary, Finding the Money, and a clip of Jared Berstein’s fumbled response to the question has gone viral on social media. Bernstein is the Chair of the Council of Economic Advisers to Biden, and so we would expect that he would have an articulate answer to Kelton’s question, but he did not.

Part of our mission at the Mises Institute is preserving and promoting underrated and great radical liberals and libertarians of the past. One of these is the great Yale sociologist William Graham Sumner.