Mises Wire

Lord Acton

“The only influence capable of resisting the feudal hierarchy was the ecclesiastical hierarchy; and they came into collision, when the process of feudalism threatened the independence of the Church...”

Jorge Besada

Herbert Spencer is best known for the term, “Social Darwinism,” but his writings on free markets and law remain brilliantly relevant today. While not included in the Pantheon of Austrian economists, nonetheless his work influenced Austrian scholars.

Wanjiru Njoya

The simple narrative today of the southern secession in 1860 and 1861 is that the southern states believed that the institution of slavery was being threatened, so they left the union. However, the real causes are more complex and do not fit any preconceived narrative.

Łukasz Jasiński

Enrollment in government-subsidized “Obamacare” health insurance programs is expanding—and that is not a good thing. As more people place demands on the medical system, that system is increasingly unable to handle the growing demand.

David Gordon

In today‘s Friday Philosophy, Dr. David Gordon looks back upon the ethical views of the late Alasdair MacIntyre. While praising MacIntyre‘s work, Dr. Gordon points out that he never abandoned his Marxist views of economics, making much of his philosophical thinking crucially deficient.

Joshua Mawhorter

MMT and chartalism claims that money is a creature of the state and is valued because of state action. The fact that tobacco acted as colonial money independently of the state demonstrates this to be false.

Thomas J. DiLorenzo

This brief historical sketch brings us to how the American and Israeli militaries of today have adopted a nineteenth-century-style war of extermination against what they consider to be another “lesser race.”

Llewellyn H. Rockwell Jr.

The free market replaces the struggle for survival found in the animal world with social cooperation in which everybody benefits. Capitalism is a system of peace, not war.

David Brady, Jr.

David Brady, Jr. reviews The Magic Coin by Dr. Jonathan Newman, a children‘s book that explains money in a way that even modern adults can understand.