Mises Wire

Influencers and Subjective Value: They Have Something to Teach Us

Free MarketsMedia and CultureSubjectivism

Blog03/17/2023

The latest from the world of social media is the role of "influencers." There is a perfectly good economic explanation for their popularity.

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Help Us Publish Professor Hülsmann's New Book

Blog03/17/2023

Only the unhampered capitalist economy allows full and unfettered charity to flourish in society. Dr. Hülsmann’s new book makes the case for private property, sound money, and private charity as the building blocks for a healthy society.

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Nonmeasure for Nonmeasure

DemocracyLibertarianismLiberalismPhilosophy

Blog03/17/2023

How do people in a pluralistic society live peacefully with each other? In his review of Kenneth McIntyre's book, David Gordon points to negative liberty as the best way to preserve values.

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The Bank of England: Money Creation in Their Own Words

InflationMonetary PolicyMoney and BanksWorld History

Blog03/17/2023

Central banks usually don't admit their guilt in the destruction of money, but the Bank of England unwittingly comes clean.

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No, We Don't Need More Nuclear Weapons

War and Foreign Policy

Blog03/17/2023

Advocates for more military spending tell us the taxpayer must pay to expand the US's nuclear arsenal.  Because of China. In truth, the US's arsenal is in no danger of not "keeping up."

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Reparations Are a Statist Cudgel for Bludgeoning Property Owners

Bureaucracy and RegulationPoliticsU.S. History

Blog03/16/2023

San Francisco, as well as the government of California, is calling for millions in "reparations" for black people in that state. Reparations, unfortunately, are fast becoming another anti-property-owner racket.

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The Fear of Mass Unemployment Due to Artificial Intelligence and Robotics Is Unfounded

CapitalismEconomic PolicyUnemployment

Blog03/16/2023

Ever since the Luddites rampaged through British textile factories in the early 1800s, people have feared that technology will result in mass unemployment. They were wrong then and are wrong now.

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Libertarian Law by Democratic Means: Utilitarianism and the Demythologization of Authority

PhilosophyPoliticsPolitical Theory

Blog03/15/2023

Mises saw essentialist values as fallacies because they were unverifiable and saw metaphysical ideas as a key component of authoritarianism. His solution was utilitarianism.

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