John Rawls’s Theories Help Refute John Rawls’s Theories
Rawls’s doubts about global justice make him an effective critic of his own theory of justice.
Mises Wire
Rothbard’s Refutation of the Quantity Theory of Money
Rothbard provides three main reasons why Irving Fisher’s equation of exchange—which underlies the monetarist quantity theory of money—is useless.
How the Left Uses “Science” To Extend Its Bias In Media and Academia
The 2020 election results will be a test of earlier liberal/progressive “investments” in modifying how Americans think about things. But at this point, perhaps more important will be whether, after the fact, people recognize how much they have been manipulated.
Digitization Fueled by Easy Money and Covid Lockdowns Is a Form of Malinvestment
Central banks were already fueling artificial bubble growth and malinvestment in tech firms. Then the lockdowns sped up the trend even more.
Good News: Covid Is Driving More Parents to Homeschool
The current pandemic environment has opened up new approaches to schooling such as co-ops, learning pods, and unschooling.
Why Asset Bubbles Involve So Much More Than Just Rising Prices
What matters is not whether the emergence of a bubble is associated with price rises but rather the fact that the emergence of a bubble gives rise to nonproductive bubble activities.
The Election Was a Tie. Now What?
The winner doesn’t represent “the nation.” There is no consensus. We’re not coming together “as a people.” These tired slogans should now strike every intelligent person as nonsense.
Marxism in Africa: Why So Many African Economies Failed after Independence
The brutal rejection of capitalism in favor of socialism by African politicians at independence was largely due to a deep-seated misconception that equates capitalism to colonialism.
The Idea that Democracy Is the Same as Liberty Is a Weapon in the Hands of Despots
Probably no other belief is now so much a threat to liberty…as the one that democracy, by itself alone, guarantees liberty.
Why Socialism Won’t End Worker “Exploitation”
Economic realities mean the socialist state would need to utilize the same method of discounting wages as capitalists do. The only difference is that under socialism, bureaucrats would do the "exploitation."
