In my latest Mises Wire article , I argued why I believe the State—or, for that matter, the collectivity—has no right to coerce individuals into taking vaccines. However, let’s assume someone retorted as follows: “Ok, I agree the State has no right to impose vaccinations upon citizens; that said, if one person (say, A) does infect another one
Among the several misgivings non-anarcho-capitalist people might have with anarcho-capitalism, there is the issue of public goods. Public goods, in fact, are supposed to be those goods which free markets cannot efficiently supply and allocate because of two properties: non-rivalry, i.e., the fact that A’s consumption of (public) good X does not
On November 1, Mario Draghi’s tenure as governor of the European Central Bank (ECB) will expire, and the European Council will appoint a successor for the role. Moreover, it is now known that northern European countries are pushing for replacing Mr. Draghi — widely recognized as a “dove” — with a “hawk” — less accommodating toward the loose
As an international private currency, Libra will be in competition with publicly issued currencies. It could have large and fruitful repercussions on the global monetary policy, especially with reference to those countries where central banks are still heavily subject to political influence and tend to pursue inflationary monetary policies. The
Oftentimes, people unfamiliar with the Austrian school tend to bundle it with political anarchism. There are—I believe—different possible explanations for that, but the most prominent ones seem to me the following two. First, it’s true that some Austrians can in effect be considered political anarchists as well. Second, the Austrian school is not
The action axiom can be stated as follows (Cf. Rothbard [1962, 1970] 2004 , pp. 1–2, 7–8, 19–20; Rothbard, 2011 , pp. 113, 290; Mises, [1949] 1998 , pp. 14–16): “Human beings engage in purposive behavior—i.e., they choose which scarce means are to be more fruitfully (or economically, or rationally) employed in order to satisfy their most
En mi último artículo de Mises Wire , argumenté por qué creo que el Estado —o, para el caso, la colectividad— no tiene derecho a coaccionar a los individuos para que se vacunen. Sin embargo, supongamos que alguien replica lo siguiente: «Vale, estoy de acuerdo en que el Estado no tiene derecho a imponer las vacunas a los ciudadanos; dicho esto, si
Entre los diversos recelos que los no anarcocapitalistas pueden tener con el anarcocapitalismo, está la cuestión de los bienes públicos. En efecto, se supone que los bienes públicos son aquellos que los mercados libres no pueden suministrar y asignar de forma eficiente debido a dos propiedades: la no rivalidad, es decir, el hecho de que el consumo
El 1 de noviembre, el mandato de Mario Draghi como gobernador del Banco Central Europeo (BCE) expirará, y el Consejo Europeo nombrará a un sucesor para el cargo. Además, ahora se sabe que los países del norte de Europa están presionando para que se sustituya al Sr. Draghi, ampliamente reconocido como una «paloma», por un «halcón», menos
Como moneda privada internacional, Libra competirá con las monedas de emisión pública. Podría tener repercusiones importantes y fructíferas en la política monetaria mundial, especialmente en aquellos países en los que los bancos centrales siguen estando muy sujetos a la influencia política y tienden a aplicar políticas monetarias inflacionistas.
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.