Mises Wire

You Can’t Depend on the State to Maintain Public Order

Legal SystemMedia and CultureProgressivism

Blog2 hours ago

Crime is increasing in American cities, but don't count on police to protect you. The Defund the Police movement has less to do with that than most people think.

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Rothbard on Utilitarianism

Other Schools of ThoughtPhilosophy and Methodology

Blog4 hours ago

Modern mainstream neoclassical economics is constructed on utilitarianism. Murray Rothbard challenged that worldview on many fronts.

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It’s Raining Entrepreneurship at a Taylor Swift Concert

Economic FreedomThe EntrepreneurEntrepreneurship

Blog10 hours ago

While rain at an outdoor concert is a nuisance for most attendees, a few entrepreneurs saw not "pennies from heaven," but dollars.

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A Great Man Cannot Salvage a Bad Idea

Media and CultureSocialismWorld History


Einstein might have been one of history's most brilliant men, but even his great mind could not have made socialism work. Unfortunately, he wasn't smart enough to see that.

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To Avarice No Sanction

Economic FreedomPhilosophySocialism


What many people call government generosity Leonard Read called avarice.

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Technology Is Meaningless without Entrepreneurship

The EntrepreneurStrategyEntrepreneurship


While many believe that technology is key to a growing economy, technology is useless without entrepreneurship, which develops uses for technology.

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Econometric Models Cannot Fulfill the Role of an Economics Laboratory

Economic PolicyRationalismPhilosophy and Methodology


In their desire to make economic theory emulate physical sciences, economist create models that do not reflect genuine human action.

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How Capitalism Redefined Masculine Virtue

Media and CultureU.S. History


In the pre-industrial world, aggression and physical domination were often labeled as "masculine" virtues because they were useful for survival. The rise of the cooperative market economy changed all that. 

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