On November 15, 2021, almost twenty-one months ago, I once again had the rare and delightful opportunity to have a conversation with Prince Michael of Liechtenstein. His insights, especially with his directness and unequivocal honesty, have frequently provided me with a lot of food for thought in the past. This interview was no different. His candid and unfiltered responses to a wide variety of questions and topics made this conversation as illuminating as it was...
Read More »Want to Follow Your Dreams? The First Step Involves Hard Work
Adults tell young people to follow their dreams, but one cannot follow one's vision without realizing what it takes to get there. Original Article: "Want to Follow Your Dreams? The First Step Involves Hard Work" [embedded content] Tags: Featured,newsletter
Read More »Praxeology with Good Huemer
Michael Huemer has made my life easier. One of my tasks at the Mises Institute is to teach praxeology to students, and doing so involves explaining a priori knowledge (i.e., what we can know just by thinking about it), a notion which many students find difficult to grasp. The task becomes even harder when you add that the a priori knowledge in question is “synthetic” knowledge that isn’t analytically true but that we can still know to be true just by thinking about...
Read More »Trump Indicted for Crimes Against Democracy
On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop look at the latest indictment of Donald Trump. While many are exhausted with the theater of modern politics, DC's escalating attacks reveal the state's true anatomy. Any challenge to the state's legitimacy — like questioning an election — must be crushed. Recommended Reading "The United States vs. Donald J. Trump" by Tho Bishop: Mises.org/RR_145_A "If Congress Were Genuinely Interested in...
Read More »Social Justice and the Free-Rider Problem
The political passion for "social justice" is creating a larger free-rider problem and a problem of injustice. Original Article: "Social Justice and the Free-Rider Problem" [embedded content] Tags: Featured,newsletter
Read More »Do Monopolies Cause Inflation?
The yearly growth rate of the consumer price index jumped from 5.4 percent in June 2021 to 9.1 percent in June 2022. Some economists attributed this increase to monopolies. According to Business Insider, economists at the Federal Reserve Bank of Boston have claimed that monopolies help keep the prices of goods and services high. Most economists believe that monopolies make markets less efficient by influencing the prices and the quantity of products. Efficiencies...
Read More »The Economics of Police and the Deep State
On this episode of Good Money, Tho is joined by Tate Fegley of Montreat College. Dr. Fegley talks about his lectures from Mises University on policing, AI, and the deep state, and the important topic of economic calculation that connects the three. In the final segment, Tho looks at the economics of college football in the aftermath of FSU's threat of secession from their conference. Good Money listeners can order a special $5 book bundle that includes How...
Read More »Paleoconservatives Need Better Critics
To seriously threaten the regime, one must attack it at its roots. This would require rejecting the modern civil rights legal regime, something modern Buckleyite conservatives and James Lindsay-style liberals are not interested in, and unites paleoconservatives and paleolibertarians. Original Article: "Paleoconservatives Need Better Critics" [embedded content]...
Read More »Not Even a Pencil Could Exist without Fossil Fuels
In 1964, Leonard Read wrote a genealogy from the perspective of a pencil, demonstrating the vast, complicated web of the structure of production that is handled by the division of labor on free markets. The pencil explained that no one knows how to make a pencil because of the myriad production processes involved: My family tree begins with what in fact is a tree, a cedar of straight grain that grows in Northern California and Oregon. Now contemplate all the saws and...
Read More »Belgian Colonialism of the Congo: Facts and Fiction
Like many colonial ventures, Belgium's involvement in the Congo had some successes—and many failures. Original Article: "Belgian Colonialism of the Congo: Facts and Fiction" [embedded content] Tags: Featured,newsletter
Read More »