Tag Archives: 6b) Mises.org

A concrete example of an anarchic order existed within Spain, on the current border between Spain and Portugal, in the kingdoms of Castilla and Galicia. By “anarchy” I mean the abolition of centralized power, not the abolition of authority as leftists conceive it to be. One such regime was called Coto Mixto. It was a small territory located in the basin of the Salas River. Coto Mixto’s residents avoided the control of Spain and Portugal from approximately 1143 to...

The Free Market 12, no. 9 (September 1994) In recent years, Americans have been subjected to a concerted assault upon their national symbols, holidays, and anniversaries. Washington's Birthday has been forgotten, and Christopher Columbus has been denigrated as an evil Euro-White male, while new and obscure anniversary celebrations have been foisted upon us. New heroes have been manufactured to represent "oppressed groups" and paraded before us for our titillation....

[This article is adapted from a lecture delivered at the Reno Mises Circle in Reno, Nevada. on May 20, 2023.] It is not an exaggeration to say that property rights are a prerequisite for civilization. As Ludwig von Mises wrote in The Free and Prosperous Commonwealth: Private property creates for the individual a sphere in which he is free of the state. It sets limits to the operation of the authoritarian will. It allows other forces to arise side by side with and in...

Fellowships in Residence at the Mises Institute in Auburn, Alabama, are available to graduate students and post-docs interested in scientific research in the Austrian school and libertarian political economy. These Fellowships offer a unique opportunity for full-time research and writing in a particular area of specialization under the guidance of Institute faculty. The program targets students seeking careers as academic educators and researchers, though students...

Noam Chomsky's latest offering—a series of interviews—presents the best (and worst) of one of America's premier public intellectuals. Original Article: "There's No Place like Noam" [embedded content] Tags: Featured,newsletter

Kimberlé Crenshaw, one of the founders of critical race theory (CRT), recently decried what she called the “war on wokeness” (by which she seems to mean a war on CRT). According to her, this “war on wokeness” is “the road to an authoritarian state that’s paved through the history of white supremacy.” It’s true that the “war on wokeness” has taken on authoritarian overtones of late. Many Republicans are rejecting the ideas of pluralism and free speech that underpin...

Per Bylund joins Bob to discuss his new paper at the QJAE, which points out several flaws in the MMT claim that money is valued in order to pay taxes. Per's QJAE article: Mises.org/HAP398a Do People Value Money Because They Need It to Pay Taxes? Video of Do People Value Money Because They Need It to Pay Taxes? [embedded content]...

The eminent economist Edmund Phelps is a “liberal” in the modern sense, not a libertarian, but in his recent book My Journeys in Economic Theory (Columbia University Press, 2023), he makes a number of points that those of us who are libertarians will find useful. Opponents of rights-based libertarianism like Andrew Koppelman in his book Burning Down the House say that without government welfare programs, the poor would perish. This outcome is fine with libertarians,...

In an excellent display of how US foreign policy can be used as a means of pandering to domestic interest groups, the Biden administration has threatened to impose sanctions on Uganda as punishment for that regime's adoption of new laws criminalizing some types of homosexual behavior.  While it is abundantly clear that this move from the Ugandan state presents absolutely no threat to any vital US interest, the Biden administration apparently believes the situation...

A new Fed survey shows that banks are cutting back on lending big time. Over the past thirty-five years, this almost always predicts recession. Our economy can't survive without endless new infusions of easy money.  Original Article: "Banks Are Lending Less Money, and That's a Formula for Recession" [embedded content]...