Mises Wire

Israel Kirzner on Ethics and the Legacy of Austrian Economics

Book ReviewsEntrepreneurship

Blog06/03/2019

Readers will close the volume with admiration for Kirzner’s devotion to Austrian economics, immense learning, and dialectical skill

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Can Cooperation Replace Competition?

Monopoly and CompetitionValue and Exchange

Blog06/03/2019

Competition and cooperation and not two things in conflict. They are both essential ingredients in a society based on voluntary action instead of violence.

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Fascism Has Always Been An Enemy of Private Property

Blog06/01/2019

Italian fascism and German national socialism were committed to abolishing private property in practice, if not in name.

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Why Economics Needs Philosophy

Austrian Economics OverviewPhilosophy and Methodology

05/31/2019The Austrian
People criticized economics and said “well, there’s something wrong with Austrian economics because it doesn’t depend on verifying things empirically,” Mises wanted to come up with a reply to that, so that was what really got him into philosophy.
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Why Turkey's Debt Crisis is a Bigger Risk to the Eurozone than the PIGS

Booms and BustsFinancial MarketsGlobal Economy

Blog05/21/2019

Unlike Greece, Italy or other seriously debt-laden economies, it’s not just government borrowing that’s the main risk to Turkey.

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The Fallacy of Identity Economics

05/15/2019Power & Market

The economist Alex Tabarrok recently criticized "identity economics" in a manner reminiscent of Murray Rothbard's criticism of Keynes.

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Social Security's Winners and Losers

Taxes and Spending

Blog05/14/2019

If Social Security was efficient, equitable, reliable and sustainable, defending the status quo might be sensible. But it is none of those things.

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A Study in Willful Blindness

05/13/2019Power & Market

Anthony Flood has written a valuable study of the surprising failure of the Communist historian Herbert Aptheker to cite C.L.R. James's Black Jacobins, despite its clear relevance to his work.

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