As a follow-up to my recent article about F. A. Hayek's classic article "The Use of Knowledge in Society" (1945), I thought it worth extending Hayek's exploration of this area of social theory. In 1968 the Nobel laureate-economist delivered a lecture in German known...
Mises
Democratic Socialist Turns Libertarian! #PorcFest2023
by Keith Knight | May 24, 2023 | Blog
https://youtu.be/G2eSuiXNaaQ Once you accept the principle of government, namely that there must be a judicial monopoly and the power to tax, once you accept this principle incorrectly as a just principle, then any idea or any notion of restraining or limiting...
TGIF: Ducking Hayek
by Sheldon Richman | May 12, 2023 | Economics, Featured Articles, Justice, Libertarianism, Politics, Sheldon Richman, TGIF
May 8 marked the 124th anniversary of the birth of F. A. Hayek, the 1974 Nobel-winning economist of the Austrian school. (He died in 1992.) That makes it a good time to acknowledge one of his many contributions, his epistemic case for the free and competitive market...
How the Divine Right of Kings Scam Was Pulled Off
by Keith Knight | Apr 23, 2023 | Don't Tread on Anyone
https://youtu.be/0MY12U37IVA In order for the state to function, the mass of the people has to believe in its legitimacy. To that end, the state employs a class of professional apologists and controls the means of propaganda, often through dominance of the education...
The Nightmare of Family Law w/Tyler Janke and Patrick MacFarlane
by Tommy Salmons | Apr 19, 2023 | Year Zero
Tyler and Patrick join me to discuss the case that caused controversy between Patrick and the Mises Caucus. The Marc Clair Show Discord Year Zero YouTube Libertarian Institute 19 Skills Pdf Autonomy Course Critical Thinking Course Patreon Subscribe at Rumble Autonomy...
3/24/23 Ryan McMaken on Nuclear Weapons and How the Fed Fuels Inequality
by Scott Horton | Mar 29, 2023 | The Scott Horton Show
Download Episode. Scott is joined by Ryan McMaken of the Mises Institute to talk about nuclear weapons and the boom-bust cycle. They begin with a discussion of McMaken's recent article pushing back against common arguments for the production of more nuclear weapons....
Is the Silicon Valley Bank’s Failure the First Domino?
by Doug French | Mar 13, 2023 | Economics, Featured Articles
If you watched the Fed Chair Jerome Powell testify before the senate and the House, you heard over and over that banks are well capitalized. The non-sequitur should inspire the Shakespearean quote “Methinks you protest too much.” The very next day after the hearings,...
Copyright Laws Are Enabling Woke ‘Re-Writes’ of Classics
by Ryan McMaken | Feb 28, 2023 | Featured Articles
The estate of Roald Dahl this month announced that it would be rewriting many of the long-dead author’s books to better suit a “modern” audience. Translation: The books will be rewritten so the text is more in line with the editors’ notions of politically correct...
What Democrats Need to Know About War
by Keith Knight | Feb 14, 2023 | Don't Tread on Anyone
https://youtu.be/FllJ0lKnEdg My case for pacifism, to recap, comes down to three simple premises. The first two are empirical: Premise #1: The short-run costs of war are clearly awful. [Empirical claim about immediate effects of war]. Premise #2: The long-run benefits...
1/27/23 Ryan McMaken on How the Fed Is Ripping Us Off
by Scott Horton | Jan 31, 2023 | The Scott Horton Show
Download Episode. Ryan McMaken of the Mises Institute joins Scott to discuss the ill effects central banking has on the country. McMaken wrote an article recently pointing out that the Federal Reserve, America’s central bank, is technically bankrupt. Scott has...
Price Inflation Slows, But the Economy Keeps Getting Worse
by Ryan McMaken | Jan 26, 2023 | Economics, Featured Articles
The U.S. Bureau of Labor Statistics released new Producer Price Index (PPI) data on Wednesday, and it looks like the rate of increase in price inflation is slowing. Nonetheless, year-over-year price inflation in December remained near 40-year highs, and shows the...
1/13/23 Hunter DeRensis on Defend The Guard in 2023
by Scott Horton | Jan 16, 2023 | The Scott Horton Show
Download Episode. Hunter DeRensis joins the show to talk about the year ahead in the effort to pass Defend the Guard legislation. DeRensis reviews what the legislation is and where it stands in state legislatures around the country. The two also discuss some recent...
TGIF: Where Socialists Go Wrong
by Sheldon Richman | Jan 13, 2023 | Featured Articles, History, Libertarianism, Sheldon Richman, TGIF
Since socialism is "in" today -- even though many people who say they favor it have no idea what it is -- F. A. Hayek's last book, The Fatal Conceit: The Errors of Socialism (1988), is worth checking out. Hayek, the late great Nobel-laureate economist of the Austrian...
Message to Jacobin Magazine: Economic Suppression is Far Worse Than Voter Suppression
by Keith Knight | Nov 27, 2022 | Blog
Imagine two criminals: Criminal 1: Forcibly stopped a woman from having a 1 in 10 million vote to determine the governor of New York Criminal 2: Forcibly stopped a woman from getting the job of her dreams via occupational licensing regulations even though a...
Blog
The Myth of “Hyper-Rugged-Isolationist-Individualism”
Myth #1: Libertarians believe that each individual is an isolated, hermetically sealed atom, acting in a vacuum without influencing each other. This is a common charge, but a highly puzzling one. In a lifetime of reading libertarian and classical-liberal...
The Lesson From Germany and Korea
Institutions are, of course, in some sense the products of culture. But, because they formalize a set of norms, institutions are often the things that keep a culture honest, determining how far it is conducive to good behaviour rather than bad. To illustrate the...
Occupational Licensing Increases Prices and Deprives People of Options
When you shop online, vendors usually give you a bunch of different ways to sort your options. Take Amazon: One popular sorting option – especially for customers with low income – is “Price: Low to High.” You’ve probably used it yourself many times. This...
Free Book: An Anarchist Critique of the COVID Mandates
I’ve had the opportunity to write a short book offering what is essentially an anarchist critique of COVID mandates. This includes the accusation that states did most of the killing rather than the virus. The 123-page book, Measuring the Mandates: Questioning the...
Democratic Socialist Turns Libertarian! #PorcFest2023
https://youtu.be/G2eSuiXNaaQ Once you accept the principle of government, namely that there must be a judicial monopoly and the power to tax, once you accept this principle incorrectly as a just principle, then any idea or any notion of restraining or limiting...
What War Hawks Would Sound Like If They Weren’t Psychopaths
Modern warfare almost always leads to killing lots of innocents; if governments were held to the same standards as individuals, these killings would be manslaughter, if not murder. This doesn’t mean that war is never justified. But the reasonable hawkish mood is...
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