Mises Wire

Materialism Fails to Explain the West's Conflict with Islam

World History

Blog12/31/2020

Different people often react quite differently to the same conditions, so attempts to blame religious conflict on material deprivation fail. Ideological differences also better explain why Islam is not monolithic. 

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Make the Mises Institute Stronger in 2021

Blog12/31/2020

How has the Left had so much success in a nation that was the direct byproduct of classical liberalism? By controlling the narrative and leveraging that status for political power.

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Mill: Socialism Could Work for More Advanced People

PlanningSocialism

Blog12/25/2020

Though he was generally a Ricardian, John Stuart Mill thought that the main obstacle to socialism is that people might not yet be civilized enough to put it into practice. 

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Mises Explains the Santa Claus Principle

Taxes and SpendingInterventionism

Blog12/21/2020

An essential point in the social philosophy of interventionism is the existence of an inexhaustible fund which can be squeezed forever.

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Markets Aren't about "Using" People. Markets Help People Attain Their Goals.

CapitalismFree Markets

Blog12/19/2020

Claims that market arrangements involve the unethical “using” of others are of lengthy pedigree. But they are also of questionable merit.

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Mises's Vision for Value-Free Economics

Philosophy and MethodologyPraxeology

Blog12/18/2020

If you say to someone that he won’t get what he is aiming for by using the means he has chosen, you aren’t making a value judgment yourself. You are making a strictly scientific statement. 

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Marxists Dominate the Field of Literary Criticism. That's a Problem.

Book ReviewsEducation

Blog12/12/2020

Matt Spivey continues the pioneering work of Paul Cantor and Stephen Cox in bringing sound economics to the analysis of literature. 

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Modern Monetary Collectivism

InflationMoney and BanksOther Schools of Thought

Blog12/01/2020

No, “societal” value is not what you want or think is good, and “we” are not a homogenous entity of observable, aggregated preferences.

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