Tag Archives: 6b) Mises.org

Does it matter if we call irreversibly comatose patients “dead?” Our guest is Doyen Nguyen, OP, MD, STD. Dr. Nguyen was previously an academic hemato-pathologist and is currently a Catholic moral theologian and bioethicist. She has authored books and articles both in medicine and in moral theology/bioethics and authored a 600-page monograph that takes a critical look at brain death from a variety of perspectives. SHOW NOTES Nguyen D. The New Definition of Death...

Bob unveils a new series in which he explains and then evaluates apparent contradictions in the way free-market libertarians handle certain issues. Mentioned in the Episode and Other Links of Interest: Bastiat’s “Petition of the Candlemakers” Bob’s article on price gouging For more information, see BobMurphyShow.com. The Bob Murphy Show is also available on iTunes, Stitcher, Spotify, and via RSS. You Might Also Like...

It’s been clear for decades that national news organizations such as CNN and the New York Times tend to be biased in favor of social democracy (i.e., “progressivism”) and what we would generally call a “left-wing” ideology. Journalists, for instance, identify as Democrats in far higher numbers than any other partisan group. And political donations by members of the media overwhelmingly go to Democratic candidates. This is why even as far back as the...

Hans-Hermann Hoppe has shown in his writings on democracy that democracy leads to economic impoverishment and political disaster under certain conditions. But what are those conditions, and are they dominant in electoral institutions in the United States today? And what role does ideology play in limiting the abuse of the ballot box by voters? Additional Resources “Stop Saying We’re a Republic, Not a Democracy“ by Ryan McMaken: Mises.org/RR_38_1 Patrick Newman’s...

The world is currently in the midst of a newly aggressive drive to bring about a new socialist order through a powerful and “efficient” technocratic state. This new order has been labeled as “progressive,” but it is merely the latest version of the socialist impulse which we have seen before in the form of socialism and communism. A War on Private Property Summed up in a single sentence, the plans of the communists aim at the abolition of private property. From...

An individual’s demand is constrained by his production of goods. The more goods an individual produces, the more of other goods he can secure for himself. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack. Original Article: “If We Want to Increase Demand in the Market, We Must First Increase Production“. You Might Also Like How Historians Changed the Meaning of...

Bob offers his commentary on the movies “The Hunt” and “The Purge”—both produced by Blumhouse Productions—and focuses on whether The Purge storyline offers a challenge to Rothbard’s depiction of anarcho-capitalism. For more information, see BobMurphyShow.com. The Bob Murphy Show is also available on iTunes, Stitcher, Spotify, and via RSS. You Might Also Like The “Old” vs. the “New” Liberalism It is not...

Today’s Western institutions have long been deemed to be sacrosanct. As a matter of fact, though, nation-states are increasingly met with reservation or even outright resentment. Public trust in government is near historic lows, and pillars like the media or democracy are suffering from a loss of confidence. But one modern institution seems to be standing as strong as ever: central banks. Although their role has changed significantly over the course of a few decades...

Key Takeaways and Actionable Insights An understanding of the Austrian definition of capital is tremendously useful to all business owners and managers. What is capital? Austrian economics has a precise and distinctive definition — unlike business schools and most business publications, books, and columnists. Among those entities, the term capital tends to be used very imprecisely. You might see sentences like, “Entrepreneurs must ensure they have sufficient capital...

Understood properly,  inflation is not a general increase in prices but is an increase in the money supply “out of thin air” which brings about the impoverishment of wealth generators. When inflation is seen as a general increase in prices, then anything that contributes to price increases is called inflationary. In this framework, not only does the central bank have nothing to do with inflation, on the contrary, the bank is regarded as an inflation fighter. But, on...