While the average person thinks economics begins with Adam Smith and his Wealth of Nations, readers of the Mises Wire know that the story goes back much further than that. Members of the Austrian school commonly describe their earliest intellectual predecessors, the...
https://youtu.be/pONdewnuFYs Excerpt from Knowledge, Reality, and Value: A Mostly Common Sense Guide to Philosophy by Michael Huemer, Ph.D. Credulity Humans are born credulous – we instinctively believe what people tell us, even with no corroboration. We are...
What is economics and why do we care about it? The economy is what we do and why we do it. Reality introduces scarcity to that equation, and competition results. Our desires and values translate into actions, and competition translates those actions into strategies...
December 16, 2022, is the fifteenth anniversary of the modern Tea Party. That fact will come as a surprise to many readers who take the mainstream narrative about the Tea Party at face value. The mainstream account begins on February 19, 2009, when Rick Santelli, live...
https://youtu.be/dfw0wVP1m_E Excerpt from Knowledge, Reality, and Value: A Mostly Common Sense Guide to Philosophy by Michael Huemer, Ph.D. Credulity Humans are born credulous – we instinctively believe what people tell us, even with no corroboration. We are...
“Today the tenets of this nineteenth-century philosophy of liberalism are almost forgotten. In the United States “liberal” means today a set of ideas and political postulates that in every regard are the opposite of all that liberalism meant to the preceding...
Do people have a right to go wherever they want and for whatever reason they like? Certainly not. I have no right to use or occupy your rightful property without your permission. And the same applies for you and everyone with my property. Do people have a right to...
It’s the state. There is no master plan. There is no big brain running the show. The grand, seemingly “coordinated,” societal evil we observe is just a product of the state. It comes from the state sanctioning a market for evil; a market for the proceeds of theft; a...
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