Soham Patil

Articles

06/16/2025 Power & Market Soham Patil

One of the most common grievances people have with their employers is about their pay. Many lament that their employers inadequately compensate them for the work they do, and that their salaries are...

The ECP Shows the Impossibility of Socialism

03/06/2025 Power & Market Soham Patil

The ECP (Economic Calculation Problem) is a critique of central planning and why they are inherently doomed to fail. The ECP was put forth by Ludwig von Mises. In it he argues that economic...

Anti-Market Bias Holds Back Developing Countries

01/22/2025 Power & Market Soham Patil

A key reason that developing countries have often been unable to catch up to their developed counterparts is because of their refusal to accept the free market. In many parts of the world, free...

Media

Free Markets Don’t Need Government Regulation

11/26/2024 Soham Patil

So-called economic moderates claim to support free-market capitalism, but then say that markets still need “some” government oversight. Free markets, however, don't need government-based rules because markets effectively regulate themselves.

Protecting infant industries doesn’t help the economy

08/20/2024 Soham Patil

One of the excuses for levying protective tariffs is to protect emerging domestic industries. However, this kind of protectionism, contrary to popular opinion, leaves an economy worse off every time.

The problem with ‘work or starve’

08/05/2024 Soham Patil

Critics of capitalism claim that private enterprise gives workers the unhappy choice of either working difficult, low-paying jobs or outright starving. The claim is false and the history of capitalism tells a different story.

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.