The Selfish Gene, Social Darwinism, and Human Cooperation
Reason has demonstrated that, for man, the most adequate means of improving his condition is social cooperation and division of labor.
Mises Explains the Drug War
Mises contends, the fact that something is a vice is no reason for suppression by way of commercial prohibitions.
To Save Europe, Free the Markets
No government planner can compete with the resource allocation efficiency of a market system.
Why Are Jurors Expected to Work for Below-Market Wages?
Americans’ right to a jury trial does not imply that drafting jurors is the best way to provide that right.
VIDEO: Lew Rockwell Explains the Upside of Government Default
In his recent appearance on RT, Lew Rockwell discusses the upside of government default.
“We All Know Who Janet Yellen Is . . .”
“. . . and That’s Terrifying,” writes Brendan Brown in the title of his recent Forbes op ed. According to Brown, Yellen is simply another in the line of deflationphobes and monetary authoritarians who have run the Fed in the last 20 years and are eager to please their political masters.
Bruce Bartlett’s Nutty Government Default Hysteria: Here’s Another Economist for His Hit List
In a remarkably rambling article, minor Beltway pundit and dabbler in economics, Bruce Bartlett (M.A. History, Rutgers University) has taken to listing and trying to smear real scholars in economics who do not share his hysterical government default-phobia. Well, I have another eminent economist who may be a candidate for his hit list.
A Mises Institute Guide to Nobel Winners Fama and Shiller
Not surprisingly, the work of this week’s new Nobel prize winners have been the subject of several critiques here at the Mises Institute:
Today’s Mises Daily article on Robert Shiller’s pro-government enthusiasm is a simplified version of Howden’s book review from The Quarterly Journal of Austrian Economics.
Murray and Me in the NYT
Bruce Bartlett is shocked to discover that a few economists, Murray Rothbard and myself included, are not default alarmists. His latest New York Times column is a strangely disjointed, hackneyed piece that simply lists people who have doubted the conventional wisdom that America Must Not Default at All Costs.
Walter Block: Free Market Environmentalism
Here I discuss how Free Market Environmentalism is not a contradiction. I argue that adhering to strict Property Rights is best for the environment. I explain The Tragedy of The Commons which is essential within this topic of Free Market Environmentalism. I provide historical examples to buttress the market fighting pollution and species endangerment. I also refute The Malthusian Theory on Slavery which ties in with The Tragedy of Commons and elucidates relevant incentives in this discussion.
