Mises Wire

The Core of Austrian Theory

Prices

If the hallmark of conventional economics is unrealistic models, the hallmark of Austrian economics is a profound appreciation of the price system. Prices provide us with critical information about the relative scarcity of goods and services.

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Self-Defense and "Taking the Law into Your Own Hands"

It's increasingly clear two things are going on: leftists are very interested in taking their rioting and looting far beyond city limits, and government police are not interested in doing much about it.

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Compulsory vs. Free Education

Education

Blog09/23/2020

Compulsory public schooling is like having the government use the taxpayers' money to set up a nationwide chain of public newspapers and then compelling all people to read them.

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The Collapsing Universities—and What We Can Do about It

EducationHealth

It is sad that the contemporary American university has sunk so low from the heights of medieval Oxford, Cambridge, Paris, and Salamanca. Fortunately, private alternatives are still available.

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Human Diversity and Individual Instruction

Education

Blog09/05/2020

One of the worst injustices committed by states is the prevention of parental teaching of their own children. Parental instruction conforms to the ideal arrangement. It is, after all, individualized instruction.

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As the Bubble Slowly Pops, the Economic Chain Reaction Is Now in Progress

Booms and BustsFinancial MarketsPrice Controls

Blog08/18/2020

Our high levels of malinvestment mean that negative interest rates will not have the steroidal effect that's hoped for. But they will deliver another few years of subpar debt-fueled economic activity.

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Why Property Rights Are Absolute, but Contracts Are Not

Blog08/13/2020

Because each person's control over his own body and will are inalienable, no person can be held to any sort of slavery "contract" even if all parties once agreed on it.

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Albert Jay Nock, Radical

BiographiesU.S. History

Blog08/10/2020

Nock despised plutocratic conservatism, and rightly saw Herbert Hoover as the embodiment of this point of view. Above all, Albert Jay Nock hated militarism and intervention in foreign wars.

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