Mises Wire

By abolishing private ownership for production goods, socialism abolishes the market for them, and makes it impossible for market prices to emerge and for costs of production to be computed

As Ludwig von Mises said, “whoever wants peace among nations must seek to limit the state and its influence most strictly.” This is applicable to peace within nations, too.

Circa casino’s new three-story, 78 million–pixel, high-definition screen in its sportsbook gambling compound may represent a new frontier in mega–building trends similar to those of skyscrapers. 

We face a blowback “fueled by years of US imperialistic and lawless behavior around the world, and finally triggered by a critical mass of resentment of the US."

Rawls’s doubts about global justice make him an effective critic of his own theory of justice.

Rothbard provides three main reasons why  Irving Fisher’s equation of exchange—which underlies the monetarist quantity theory of money—is useless. 

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.

Central banks were already fueling artificial bubble growth and malinvestment in tech firms. Then the lockdowns sped up the trend even more.

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 current pandemic environment has opened up new approaches to schooling such as co-ops, learning pods, and unschooling.