Mises Wire

Rothbard's Underappreciated Contributions to Public Goods Analysis

Taxes and SpendingSubjectivismValue and Exchange

The assertion that “tax-financed public goods can make us all better off” is just that: an assertion. As Rothbard showed, there is no reason to just assume consumers would pay for these amenities were they not forced to through taxation. 

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Rich Millennials Plot the End of Civilization

CapitalismMedia and Culture

Blog12/22/2020

Millennial Sam Jacobs went off to college a wealthy but normal young man and came back a socialist. Suddenly his family’s “extreme, plutocratic wealth” became too much of a burden for him. 

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Red and Blue States: It's Time for a Multistate Solution

Decentralization and SecessionDemocracyMajority Rule

Blog12/21/2020

Joe Biden says: "I will work as hard for those who didn't vote for me as those who did." Does anyone actually believe that?

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Rothbard and the Problem of Rules

Philosophy and MethodologyPolitical Theory

Blog11/13/2020

It makes sense that individual ethics can vary within a natural law framework: the nonaggression principle isn't so much a rule to be applied as a norm to be followed. It's the foundation that makes life among other people possible.

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Rothbard’s Refutation of the Quantity Theory of Money

Blog11/05/2020

Rothbard provides three main reasons why  Irving Fisher’s equation of exchange—which underlies the monetarist quantity theory of money—is useless. 

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Ron Paul: Wisdom from a Master

Booms and BustsStrategyU.S. History

America today confronts an unprecedented crisis. Our economy is collapsing, and the fake coronavirus “epidemic,” with its draconian restrictions, is destroying our liberty. What can we do?

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Rand Paul Is Right about the Nazis and Socialism

SocialismWorld History

Blog10/16/2020

Mises in 1944: "The German and the Russian systems of socialism have in common the fact that the government has full control of the means of production."

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Rising Homicides This Year May Be Yet Another Side Effect of Covid Lockdowns

Blog09/30/2020

Homicides were flat through 2019. Then spring 2020 arrived, and with it a wave of homicides in many American cities. Could the social and economic effects of lockdowns be the cause?

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