Socialism

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The Great Society: A Lesson in American Central Planning

Book ReviewsSocialismU.S. History

Blog06/09/2020

In the 1960s, politicians and bureaucrats had nearly unbounded faith in the ability to plan a nearly perfect society. Things didn't turn out as they had planned.

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Governments Have Crippled the World's Economies. Revolution May Soon Follow.

CapitalismSocialismInterventionism

Blog06/06/2020

Mises knew: “Mass unemployment destroys the moral foundations of the social order. The young people…forced to remain idle, are the ferment out of which the most radical political movements are formed."

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Free the Liquor Stores!

Bureaucracy and RegulationEconomic FreedomSocialism

Blog06/06/2020

Free the liquor stores to sell what products they want, what days of the week they want, what hours they want, and to whom they want.

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Why Socialists Love the Phrase "It's Not Real Socialism"

SocialismPhilosophy and Methodology

Blog06/01/2020

A big reason that socialist ideology has staying power is the tactic of blaming the many failures and disasters of socialist regimes on the alleged fact the regimes "aren't real socialism."

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The Big Reason Mises Rejected Marx's Dialectical Materialism

SocialismPhilosophy and Methodology

Blog05/25/2020

The weird thing about dialectical materialism is that Marx seems to have cobbled it together from two philosophies that contradicted each other.

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How Words Like "Essential" and "Need" Are Abused by Politicians

Economic FreedomSocialism

Blog05/18/2020

We live in an age when politicians decide what is "essential" and what isn't. It's a grave abuse of power and common sense.

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Be Thankful for Those Who "Only Do It for the Money"

Media and CultureSocialism

Blog05/06/2020

Doing things for money does not justify moral condemnation, unless using money to support your family, live up to the agreements you have made, and to try not to burden others justifies moral condemnation.

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As Oil Craters, Mexico's Government Still Bets on Its Oil Monopoly

Bureaucracy and RegulationSocialismWorld History

With oil prices in likely long-term tailspin, corrupt governments can't count on oil sales to bail them out anymore. But Mexico's government didn't get the memo and still clings to the state oil monopoly.

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Calls for Central Planning in the COVID-19 Panic Are like the Calls for the "War Socialism" of Old

SocialismWar and Foreign Policy

Blog04/11/2020

Ludwig von Mises explained how "war socialism" doesn't win wars. Similarly, "COVID-19 socialism" won't win the "war" on disease.

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Keynes Called Himself a Socialist. He Was Right.

BiographiesSocialismWorld History

Blog04/10/2020

John Maynard Keynes's supporters still insist that he was a mild and benign liberal. In truth, Keynes supported the blood-soaked Soviet regime and called himself a socialist. 

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