Mises Wire

The Salamanca School is known for important contributions to free-market economics and the Austrian School. The Bolognese jurists also made key contributions. 

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. 

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 nuclear family in Western Europe fostered the creation of private and independent “corporations” that limited state power and promoted economic growth. 

The ruling elites of the US are calling for a "return" to "Hamiltonian Statecraft" and to move away from so-called isolationism. However, there has been no time since the end of World War II that the US has been anything but aggressive in its foreign policy.

The US government says that there are no limits on its ability to militarily dominate every corner of the globe. Ryan, Zach, and Tho talk about why that's a lot more expensive than the regime admits. 

Politicians have long claimed that states are like big families, and that political regimes rule in ways similar to how parents raise their families. This is nonsense. 

California's 2014 ban on “single-use” plastic bags was supposed to lead to less waste of plastic, which hasn't happened. Now environmentalists are demanding the state ban the same plastic bags mandated by the original legislation. One intervention begets another and another.

On this episode of Radio Rothbard, Connor O'Keeffe joins Tho to talk about last night's debate.

One of the great lessons of Mises’s Human Action is that the institutions of the free society—private property and sound money—make up the environment enabling economic progress, and hence, human flourishing. It is the book that made me an economist.