Mises Wire

Is the minimal state possible or even desirable? Murray Rothbard said no to both, but getting to a position of a stateless society is not an easy proposition.

What makes a nation? Is it simply a collection of ideals or does it depend upon one’s lineage, and “blood and soil”? In reality, nations are complex creations where both ideals and ties to the land are important.

The great legal scholar Richard Epstein makes some strong arguments in favor of utilitarianism, according to Dr. David Gordon in this week’s Friday Philosophy. However, Dr. Gordon still remains unconvinced.

Many have misstated Say’s Law for years. J. M. Keynes incorrectly attributed a concept to Say that he did not hold: “supply creates its own demand.” Even the great Thomas Sowell restated this error.

Zimbabwe’s honey industry has great potential—as long as they can allow the market to work. There is a history of socialism to overcome.

Twenty-five years ago, in the immediate wake of 9/11, Ron Paul did not propose doing nothing. Instead, he proposed targeting Osama bin Laden and al Qaeda rather than launching a global War on Terror.

The federal government has poured billions of dollars into the mental health industry, and the result seems to be even more diagnosed mental illnesses with no relief in sight.

The recent awarding of the Nobel Prize for Economics to Robert E. Hall and Michael Woodford shows that the Keynesian paradigm is alive and well. That is bad news for everyone else.

As government grows and people on most sides of the political debates demand government punish their political enemies, we are seeing an increase in political violence. Government cannot prevent this violence; government is the violence.

The free market isn’t an entity that exists in a vacuum, but a social condition that exists under a specific cultural strand that respects individuality and proportionality in regards to competition—willingness to accept loss when outcompeted.