Mises Wire

Marcos Giansante

The poet, the opera, and the Terror: when art dares to confront the violence of power. How one artist portrays the French Revolution and the political terror it unleashed is a grim reminder of what today's Bastille Day celebrations ignore.

Frank Shostak

The Efficient Market Hypothesis claims that financial markets process information immediately and correctly. However, since the EMH is based upon unrealistic assumptions, we also have to question the efficacy of this hypothesis, especially when central banks intervene in the markets.

Dale Steinreich

Lives will continue to be lost in Kerr County, Texas if Texas’s political leadership and citizens believe river alarms will assure safety from flood waters that can rise dozens of feet in minutes in the middle of the night.

Vincent Cook

Critics of free markets such as Oren Cass claim that Austrians and other supporters of the free economy are engaged in “market fundamentalism.” However, support for free markets is not an act of blind faith but is based upon understanding of how markets actually work.

Wanjiru Njoya

Murray Rothbard called egalitarianism a “revolt against nature,” and he believed that the egalitarianism inherent in the Fourteenth Amendment was socially harmful. Social engineering never turns out well, but that doesn‘t discourage progressives from engaging in it.

Finn Andreen

Throughout history, decentralization and secession have helped pave the way for more individual freedom. Naturally, political elites want to centralize everything, thus setting off the eternal battle between centralizers and decentralizers.

David Gordon

When does philosophy degenerate into simple propaganda? In this week‘s Friday Philosophy, Dr. David Gordon examines the writings of Jürgen Habermas, concluding that much of what Habermas said was little more than ginned-up Marxism.

Joshua Mawhorter

War, even the American Revolution, is the health of the state because it is almost impossible to avoid fighting a war on state-centric terms.