Mises Wire

Connor O’Keeffe applies Rothbardian insights to expose how the news media distorts reality.

Human reason, wrote Ludwig von Mises, is the basis for civilization itself. Western civilization, he said, was built upon economic progress that sprang from reason. However, he also warned that if the West abandoned sound economics, it would trigger its demise.

Europeans are being forced into an energy transition through debt-fueled spending that will lead to permanently higher energy prices and stifle European competitiveness. This won‘t change the climate, but it will make the people poorer.

In this week's Friday Philosophy, Dr. David Gordon takes on Alex Honneth's The Working Sovereign. While Dr. Gordon acknowledges that the author gives an "Honneth" effort, his logic and grasp of the world of work fall way short of being convincing.

Modern psychology has been at odds with the praxeology of the Austrian School, as psychologists have tended to see humans as passive and reactive, while Austrians view human action as purposeful. Recent developments in the field might change that narrative.

Even when MMT advocates are correct that colonial governments at times burned money after receiving it for tax revenues, they still manage to get both the history and the causes wrong.

Dr. DiLorenzo has some words for Secretary Bessent about the true role of the Fed and its record in this open letter.

When the covid madness was imposed upon the world five years ago, the lockdown advocates claimed they were just “doing science.” In reality, they were ignoring science, lying, and just “doing totalitarian politics.”

At the recent WNBA All-Star game, players wore T-shirts with the message, “Pay us what you owe us.” If one uses the discounted marginal revenue product as a guide, the answer to their demand would be “zero.”

“He loved liberty as other men love power,” was the judgment passed on Benjamin Constant by a contemporary. His lifelong concern, both as a writer and politician, was the growth of human freedom.