Mises Wire

Equality and Levelling Down

SocialismPhilosophy and Methodology

Blog04/03/2020

Egalitarians think that equality has intrinsic value: they advocate it for its own sake, not just to forestall bad consequences. But why is a situation in which some in it have been made better off, and none worse off, worse than one of equality?

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Eminent Domain: Are Holdouts Really a Problem?

Blog03/27/2020

David Gordon is not convinced by the usual arguments claiming property owners ought to be forced to sell their property for an arbitrarily determined "market price."

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Entrepreneurs Flourish Most Where There Is a Culture and History of Entrepreneurship

The EntrepreneurFree Markets

Blog03/10/2020

Governments that hamper entrepreneurship certainly damage it in the near term. But these measures destroy the conditions necessary for innovation and entrepreneurship in the future as well.

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Economist: Your Freedom Is Dangerous Because You Might Set a Bad Example

Philosophy and Methodology

Blog01/10/2020

Why should we think that government officials are better at acting “rationally” than those they regulate? Even if we were to concede that smoking deserves to be restricted, why should we think the government can do it in a reasonable way?

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Elizabeth Warren Shouldn't Be So Proud that Her Big Plans Are Already "Paid For"

HealthSocialism

Blog12/21/2019

Politicians are very proud when they can say a proposed program is "paid for." But this only means they've identified their intended victims ahead of time. Naming who will be plundered does not justify plunder.

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Economics In Two Lessons? Nope, Hazlitt's One Lesson is Enough

Blog05/07/2019

John Quiggin's hit piece on Henry Hazlitt, Economics In Two Lessons, is just a run-of-the-mill center-left essay on how we need more government intervention.

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Economics Is Not Rocket Science — It's Even More Complicated

Philosophy and Methodology

Blog06/15/2018

Economics is not like the physical sciences, and reasoning and analogies based on the physical sciences are often misleading in economics. 

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Economics Is Like Birdwatching — You Have to Know What to Look For

Bureaucracy and RegulationCalculation and KnowledgePhilosophy and Methodology

Blog01/20/2018
Using economics is akin to birdwat­ching, except for the fact that few untrained birdwatch­ers presume they have enough expertise to “educate” others.
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