Tag Archives: 6b) Mises.org

Nomocratic Pluralism: Plural Values, Negative Liberty, and the Rule of Lawby Kenneth B. McIntyrePalgrave Macmillan, 2021; xii + 214 pp. Kenneth McIntyre, a political theorist and historian who teaches at Sam Houston State University, addresses one of the most difficult questions in political philosophy in his excellent book. It is a question that should interest everyone who wants a free society. McIntyre sets forward his answer with an immense command of the...

Those adhering to Austrian Economic thinking see the beauty in concepts coming together and providing a way to truthfully assess human action. Original Article: "Yearning for Beauty in the Truth of Economic Thinking" This Audio Mises Wire is generously sponsored by Christopher Condon.  [embedded content] Tags:...

In March 2014 the world’s oldest central bank, the Bank of England (BoE), did every advocate of sound money a big but unintentional favor by publishing an official introduction to and an official detailed account of unsound money. Given both the importance of and the lack of publicity regarding these two seminal papers over the past nine years, even here at mises.org, the focus in this piece will be on quoting some of the BoE’s “greatest hits.” (This approach was...

Republicans and Democrats may quibble over how federal tax dollars might be spent on various social welfare programs like Medicaid and food stamps. But alongside Social Security, there is one area of federal spending that everyone can apparently agree on: military spending. Last year, the Biden administration requested one of the largest peacetime budgets ever, at $813 billion. Congress wanted even more spending and ended up approving a budget of $858 billion. In...

Never before have we seen an entire generation of young Americans being censored—and self-censoring—for making innocuous statements. This does not end well. Original Article: "The Censored Generation" This Audio Mises Wire is generously sponsored by Christopher Condon.  [embedded content] Tags: Featured,newsletter

San Francisco’s panel on reparations has issued a recommendation that qualified black residents in that city receive $5 million in reparations for the financial effects of slavery and/or racial discrimination. There was never slavery in the city of San Francisco, but the panel nevertheless suggested that city inhabitants must atone for racial discrimination. Such calls for reparations to black people are based on the notion of collective white guilt. But collective...

It's popular for politicians to claim they will never cut Social Security. But doing nothing now about the program means imposing an even larger hit on seniors in the future.  Original Article: "Why Biden's Spending Is Unsustainable" This Audio Mises Wire is generously sponsored by Christopher Condon.  [embedded content]...

People are arguing over whether artificial intelligence (AI) and robotics will eliminate human employment. People seem to have an all-or-nothing belief that either the use of technology in the workplace will destroy human employment and purpose or it won’t affect it at all. The replacement of human jobs with robotics and AI is known as “technological unemployment.” Although robotics can turn materials into economic goods in a fraction of the time it would take a...

With negative growth now dipping below –5 percent, money-supply contraction is approaching the biggest declines we've seen in the past thirty-five years. Original Article: "Money Supply Growth Went Negative for the Third Month in a Row, and Is Near a Thirty-Five-Year Low" This Audio Mises Wire is generously sponsored by Christopher Condon.  [embedded content]...

I have previously explained how for Ludwig von Mises, democracy is necessary for the libertarian society because of its usefulness in achieving and maintaining social peace, insofar as social peace is a prerequisite for economic and civil liberty. This time I want to explain an idea that is implicit in Mises’s subjectivist philosophy and that leads him to defend democracy, understood as the consent of the governed, but which may go unnoticed because it is dispersed...