Assuredly, the word of truth can be painful and uncomfortable. But it is the way to holiness, to peace, and to inner freedom. A pastoral approach which truly wants to help the people concerned must always be grounded in the truth. In the end, only the truth can be pastoral.
Mises Institute
Can There Be Justice Outside of the State? Yes
People have come to believe that only the state is morally qualified to create and maintain a system of justice. However, given that the state itself acts unjustly, perhaps it is time to look outside of the state.
The UK Is Reverting to Railway Socialism
Great Britain are shifting back toward railway nationalization. Of course, the vaunted railway privatization of the 1990s wasn’t real privatization at all.
Is Libertarianism Just Another Form of Critical Theory?
Libertarianism is criticized on all sides, but a new criticism has emerged that claims libertarianism is little more than another form of critical theory. Like the other complaints, this one is based on fallacious thinking.
We Need to Do with the State What We Have Done to Slavery
While chattel slavery exists in some parts of the world, it mostly has been abolished. Perhaps we should do the same thing to the state.
Wokism, Marxism and the Failures of Academic “Liberalism”
The academic world is supposed to serve as a beacon of enlightenment. Instead, as Wanjiru Njoya demonstrates, it promotes a failed liberalism.
Anarchy, State and Utopia: Robustly against Redistributive Taxation for 50 Years
Robert Nozick’s Anarchy, State and Utopia turns fifty this year, and this libertarian classic has stood the test of time.
Creating Wealth: The Cantillon or the Smith Way
Although mainstream economists hold that Adam Smith is the father of modern economics, it was Richard Cantillon that recognized the centrality of entrepreneurship in economic development.
Defending Individual Liberty
The enemies of individual liberty are numerous, from leftists who see freedom as interfering with the “positive freedoms” offered by the state to conservatives that believe too much freedom destroys community relationships.
How EU Law Has Made the Internet Less Free for Everyone Else
Like the Biden administration, the European Union elites are seeking to crush free speech on the Internet in the name of preventing “hate speech” and “disinformation.” Of course, the EU ruling classes won’t have to worry about being censored.
Attention mises.org Readers! Treat the Students in Your Life to The Best Week of Their Year
Apply now: The thirty-eighth annual Mises University, where I have lectured for more than thirty of those years, will be held from July 28th to August 3rd.
Mises in Argentina: Lessons of the Past for Today
In 1959, Ludwig von Mises gave lectures on economics in Argentina, where the economy was in steep decline. In the 1920s, Argentina was one of the world's wealthiest countries, but decades of Peronism and inflation started the country on the long road to poverty.
Central Banks Are Wrong about Rate Cuts
Central Bank's control of interest rates cripples economic growth. Yet central banks will not give up power because it is central to financing huge government deficits.
Economic Education Has Become Economic Disinformation
The attempt by the mainstream economics profession to create economic literacy has turned into a movement to promote economic illiteracy.
The Great Chocolate Crisis
In this week's episode, Mark examines the Chocolate Crisis of 2024.
Freedom of Contract and Property Rights
Conservatives and utilitarian classical liberals support freedom of contract because they deem it "useful" to society. However, Murray Rothbard believed that contractual freedom should be based upon the natural right of self-ownership.
Did the MMT Camp Correctly Predict the Post-Covid Economy?
Did Stephanie Kelton correctly predict that government debt would be benign back in May of 2020? Bob and guest Jonathan Newman discuss.