The Ruling Elites Create an Orwellian Reinterpretation of Human Rights
Not satisfied with the capture of most of our institutions, the ruling elites have gone full Orwell in redefining the term "human rights." It is their own version of Newspeak.
Mises Wire
Understanding the Real Costs of Slavery: It’s Not Cheap labor
The standard belief is that slavery was about obtaining “cheap labor,“ yet nothing could be further from the truth. Slavery comes with high opportunity costs, which is why American slave owners depended upon several government regulations to subsidize their “peculiar institution.”
Do Financial Markets Immediately Provide All Relevant Information?
The Perfect Market Hypothesis claims that all movements in the market can be considered as random, as market players and prices adjust immediately to new information. However, market players do seek new information and seek to use it.
Privatize Federal Lands
The US federal government is the nation's largest landlord and still owns 28 percent of the land in the US. The time has come for large-scale privatization.
Why Marx Was Wrong about Workers and Wages
Marx built his infamous Labor Theory of Value on the premise that labor itself was a commodity. However, as Mises and other Austrians have noted, Marx failed both at understanding the complexity of labor and subjective value theories.
The Rebellious Old Right
What Murray Rothbard used to call the "Old Right" stood for liberty, freedom of speech, and a free economy. Most importantly, they stood for peace, all in contrast to the "liberals" of their day and ours.
The Bolognese Jurists behind the Proto-Austrians of the Salamanca School
The Salamanca School is known for important contributions to free-market economics and the Austrian School. The Bolognese jurists also made key contributions.
Smashing the Western Illusion of Democracy
When our ruling classes speak of “believing in democracy,” they are speaking of a romantic version of a form of governance that, in real life, is quite different than the sanitized version presented in our media.
New “Engels” on Marx
It is understood that Marx's theories stand entirely upon his Labor Theory of Value. If that theory is discredited, so is the scenario that leads to the inevitable triumph of communism. That fact, however, doesn't stop Marx's disciples from employing other fallacies.
The Rise of the Western Nuclear Family and the “European Miracle”
The rise of the nuclear family in Western Europe fostered the creation of private and independent “corporations” that limited state power and promoted economic growth.
