Mises Wire

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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Eric Mack on Libertarianism

04/22/2019Power & Market

In Libertarianism, the philosopher Eric Mack  offers an excellent and important guide to libertarian theory. In my review, I concentrate on his discussion of Robert Nozick.

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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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Ending the Federal Reserve from the Bottom Up

The FedMoney and BanksMoney and Banking

Blog03/30/2017
Article 1, Section 10 of the US Constitution already provides state governments with tools they need to undermine the central bank's money monopoly.
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Everyday Logic of Economics

Philosophy and Methodology

07/27/2016Audio/Video
Recorded at Mises University 2016.
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