Mises Wire

The Wisdom of Cato's Letters

Political Theory

Blog09/30/2020

No man has the power to take life or property from another except in self defense. It would be immoral to do otherwise, and man cannot make it moral by having the state do it.

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Mises and Moral Relativism

Philosophy and MethodologySubjectivism

Blog09/25/2020

Mises thought that social cooperation through the free market resulted in peace and prosperity, regardless of whether people or societies accepted this or not.

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Abolishing Meritocracy Will Require a Whole Lot of Government Intervention

Book ReviewsProgressivismSocialism

Blog09/22/2020

If you think that it up to people themselves to decide whom they wish to associate with, I am afraid that in Sandel's mind, you are an elitist guilty of hubris.

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Willmoore Kendall on Mill and Free Speech

Philosophy and Methodology

Blog09/18/2020

Kendall, a leading twentieth-century conservative, admired Rousseau and thought it was a good thing that Rousseau's "general will" of the people suppresses freedom of opinion.

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The Problem with "Predictive" Theories of Economics

Book ReviewsPhilosophy and Methodology

Blog09/17/2020

There is almost never clear evidence that a theory's predictions are false. You can always adjust something in the theory to make it come out true, and that is what all too many economists do.

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Joey Rothbard

Biographies

Blog09/17/2020

Today would have been the ninety-second birthday of JoAnn Rothbard.

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Risk and Uncertainty

Calculation and KnowledgePhilosophy and Methodology

Blog09/11/2020

The distinction between risk and uncertainty is a key tenet of the Austrian school. Mainstream neoclassicists reject it.

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The EU's Drive toward Political Centralization Will Doom Its Economy

Big GovernmentDecentralization and SecessionWorld History

Europe needs more than ever the principles that made it successful: decentralization, free trade, and sound markets.

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