Subjective Value Is not Arbitrary Value
The prices of goods are not set mechanically by some kind of supply-demand curves but by the goal-seeking choices of individuals.
Mises Wire
Economics Is Not Rocket Science — It’s Even More Complicated
Economics is not like the physical sciences, and reasoning and analogies based on the physical sciences are often misleading in economics.
Three Non-Libertarian Books You Should Be Reading
These three books can open up a deeper understanding of war, drugs, and human society in general.
Pence’s Hypocritical Speech on Cuba
While Pence pointed out the massive violations of civil liberties in Venezuela, Nicaragua, and Cuba, he forgot to mention what has been occurring at the US's Guantanamo Bay.
The Best Answer to Trump’s Tariffs: Free Trade
Neither the United States nor the European Union are so free of protectionist “sin” to cast retaliatory tariff stones at the other.
In Hiking Interest Rates, Jerome Powell is Living Dangerously
The Fed is already living dangerously with its recent hike, and further rises will all but guarantee a credit crisis.
Splitting California into 3 Pieces Is Long Overdue
Californians will be able to vote in splitting the state up this November. Which is great because California needs a huge dose of decentralization.
Our Obsession with Consumption — while Ignoring Saving and Investment — Is a Big Problem
Without saving and investment, there can be no material progress — which is necessary for cultural progress and flourishing.
Big Tech’s Numbers Game Hides Many Sins
The art of financial engineering – camouflaging a rise in leverage to boost present and future earnings – is in high demand.
The Dangers of Trump’s G7 Trade Gamble
Trump has exposed the hypocrisy of the "free trade" advocates in China and Europe. But by raising tariffs, Trump and other world leaders are inviting disaster.
