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A Rehabilitation of Say's Law

BooksJuly 20, 2005
The topic addressed here is Say's law: the view that macroeconomic activity tends toward stability...

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On Doing the Right Thing

BooksNovember 7, 2006
This wonderful collection of essays by Albert Jay Nock, first published in 1928, includes his "Anarchist's Progress," "Thoughts on Revolution," "The Decline of Conversation," and other classics by this great American essayist and influential libertarian thinker...

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Why American History Is Not What They Say

BooksOctober 24, 2012
Jeff Riggenbach's book is a crash course in revisionist history of the United States. What is revisionism? It is the retelling of history from a point of view that differs from the mainstream, which always treats the victor — the state — as glorious and the conquered —...

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Do We Want Free Enterprise?

BooksMarch 5, 2008
We all share a basic human nature capable of self-development. If this be not true then the ideal of freedom is a fanciful myth.

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How Do We Know

BooksJanuary 11, 2013
Leonard Read writes, "Everyone who pursues an improved understanding of how freedom works its wonders makes a contribution to a higher-grade civilization. More people than now must make freedom their lifelong study."...

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Don't Do It, Google

Mises DailyMay 2, 2006
As Microsoft prepares for the new release of the new version of its browser, Google is grousing about one of Microsoft's marketing strategies. Internet Explorer E7 will likely have a little search bar in the upper right hand corner of the browser, just as Safari and Firefox do now. With it you...

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Say No to Libyan Intervention

Mises DailyMarch 18, 2011
Is it possible to both oppose Gaddafi and oppose a war on Gaddafi? Absolutely. This is a position that all Americans should adopt. In the same way, it is possible to oppose the Obama administration but also oppose having a foreign army oust him in order to liberate us.

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Lord Keynes and Say's Law

Mises DailyApril 25, 2005
What J.B. Say gave us -- progress in economic science -- J.M. Keynes took away with a supposed refutation that was nothing of the sort. Ludwig von Mises explains.

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"Appropriate and Necessary" Is Whatever We Say It Is

Mises DailyApril 4, 2015
The Supreme Court case of Michigan v. EPA illustrates how the law provides so many tools to federal agencies that their power is more or less unlimited. It's only a matter of finding which laws will stick, and the result is lawlessness...

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What Not To Do

Mises DailySeptember 14, 2001
In a usual wartime situation, the government massively expands and then falls back only partially after it is over. The present circumstances, however, are even worse than wartime.

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Heterogeneous Capital: 12 November, 2012: No-More-Armistices Day, Football As Opiate, the Hair's Breadth Spectrum of "Serious" Opinion, and the Transatlantic Trail of Tears

BlogNovember 12, 2012

Anthony Gregory has a good piece on Veterans/Armistice Day.

At the end of the Korean War, President Eisenhower signed a bill in 1954 that changed the name of the national holiday to Veteran’s Day. Perhaps

...

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Do the Rich Oppress the Poor?

Mises DailyFebruary 23, 2011
The entrepreneurs and capitalists owe their wealth to the people who patronize their businesses.

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How to Do Economic History

Mises DailyOctober 25, 2011
Austrians have a different way of understanding history. For Rothbard, for example, a particular price datum is, no less than the Spanish-American War, a historical event, and its causes must be traced back to the subjective aims governing human plans and choices.

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Why Do We Celebrate Rising Home Prices?

Mises DailyMay 23, 2015
The Fed and the government have gone to great lengths to prop up home prices. But it seems a bit odd to try to increase the cost of a basic necessity like housing. Why not do the same with food and clothing?

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Do We Want High Prices or Low Prices?

Mises DailyApril 21, 2015
We’re often told that some prices should be high, and some others should be low. But the real goal should not be high prices or low prices, but a price system that communicates what is valued in society...

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Connecticut On Its Latest Cash Grab: It’s Not Greed When We Do It

Mises DailyAugust 3, 2015
Connecticut has introduced a new death tax. But for some reason, a blatant cash grab like this is never "greed" when a government uses violence to seize wealth. It's only greed when private sector actors want more money...

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What's Cost Got to Do with It?

Mises DailyDecember 9, 2010
Past expenses incurred during the production of a good are completely irrelevant to the determination of the current price of a good. The market price of a good is determined solely by the relative valuations of goods and money by the buyers and sellers of the good.

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Do Greedy Spinach Merchants Want To Kill You?

Mises DailyOctober 6, 2006
We are being conditioned to believe that for every problem, there is a government answer, and nothing lies outside its purview and expertise. Even mild cases of food poisoning merit a nation-wide investigation and crackdown on bad guys, who, we are encouraged to believe, are always in the private...

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What Government Is Doing to Our Money

Mises DailySeptember 18, 2006
What is really stopping a much-needed change is public ideology. So long as the political system encourages the idea that government is the savior of mankind, the solver of all human problems, the machine that will bring freedom to the world through tanks and bombs, we are going to have the problem...

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Do Food Makers Want to Kill You?

Mises DailyJuly 23, 2004
Congress just passed another regulatory bill, Lew Rockwell reports, because people with food allergies are under the impression that food sellers are indifferent to whether they live or die.

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