Mises Wire

Remembering the Great Henry Hazlitt on His Birthday

CapitalismEconomic FreedomFree Markets


Henry Hazlitt, a great champion of liberty and Austrian economics, was born on November 28, 1894. His most famous book, Economics in One Lesson, remains a best seller thirty years after his death.

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Rothbard, Milei and the New Right in Argentina



Instead of the usual statist candidates, Argentine voters have elected a self-proclaimed Rothbardian who is calling for radical free-market changes in the nation's economy.

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Rothbard: Understanding the History of Banking from an Austrian Perspective

Central BanksAustrian Economics OverviewBusiness CyclesMoney and Banking


Jesús Huerta de Soto reviews Murray Rothbard's A History of Money and Banking in the United States: The Colonial Era to World War II.

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Reason versus Emotion in Economics: A Praxeological Response

Other Schools of ThoughtPhilosophy and MethodologyPraxeology


The field of behavior economics downplays the role of purposeful praxeology in economics. Austrian economics does not make that error.

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Rothbard on Suits for Defamation

LawLibertarianismLegal SystemProperty Rights


David Gordon explains Murray Rothbard's famous assertion that laws against libel and slander should not be on the books.

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Rothbard on a Priori History

DemocracyWar and Foreign PolicyPhilosophy and MethodologyPolitical Theory


Rothbard warned against the assumption that because democracies are “better” than dictatorships, they are necessarily more peace loving.

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Reaping What You Sow: The American Regime in Chaos

Big GovernmentCronyism and CorporatismDemocracyPoliticsProgressivism


With the ouster of Speaker Kevin McCarthy, the House is in chaos, symbolizing the greater chaos that has enveloped Washington. Instead of looking inward, political elites will become even more outwardly violent.

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Real Economic Growth Depends on Savings

Monetary PolicyCapital and Interest Theory


Keynesians claim that the source of economic growth is consumer spending. Austrians know that net savings are the key to a growing economy.

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