Mises Wire

This is not a cycle of greed. It is spontaneous order doing what it always does: finding the path around the obstruction.

Forget freedom. The rage today in politics is equality, not the kind of equality that promotes liberty but rather the state attempting to force equal opportunities and outcomes. In the end, we get neither liberty nor equality.

Does the theory of natural selection undermine the view that ethic can be objective? Dr. David Gordon, in this week’s Friday Philosophy, takes on the theory using insights from philosopher David Stove.

Marxists have claimed that capital undermines human freedom. Ludwig von Mises, on the other hand, pointed out that capital developed within a free market is essential to personal liberty.

To complain against the state’s actions, argues Hobbes, is to ultimately complain against yourself because you originally authorized the state through social contract and the state represents you!

Why do broken political systems survive despite failures? Don’t blame stupid people; it’s the smart ones that keep these broken systems afloat.

Ludwig von Mises differed with J.M. Keynes on just about every important economic issue. That Keynes is better known is not to his credit.

California has been seen as the nation’s “Promised Land” for many years, but in the past 25 years, people have left due to high housing costs and high taxes. The state’s future is about to become a lot worse, as socialists are rising in power here.

The populist “victory” of the Trump administration is perhaps the best evidence yet that a strategy of “vote harder” is simply not going to lead to any significant change in the power of the regime.

Francis Fukuyama wrote The End of History more than 30 years ago, believing that the fall of the communist bloc would lead to a more peaceful world. We are still waiting for that moment of peace.