The Great Depression’s Patsy
[This article originally appeared in the January 4 edition of Lewrockwell.com.] The culprit responsible for the Wall Street crash of 1929 and the Great Depression can be easily identified—the government. To protect fractional reserve banking and generate a buyer for its debt, the
Why America Needs 1,000+ States
On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop call for breaking up the US into smaller states. While this idea sounds radical to some, there has been growing conversation about shifting state borders, including proposals to break
Behavioral Economics Challenges the Rationality of Consumer Choices
While behavioral economics claims to be an effective way of measuring individual economic behavior, it actually sets back authentic economic analysis. Original Article: "Behavioral Economics Challenges the Rationality of Consumer Choices" This Audio Mises Wire is generously sponsored by Christopher Condon.
Env-econ: the reboot
Sometimes I forget the amount of content @johnwhitehead81 and I created at https://t.co/JbxmB6cByt for almost 15 years. Glad people are still finding it useful. Tempted to start posting again. https://t.co/WNvxWja9Dt — Tim Haab (@tim_env_econ) January 8, 2023
Infective Maltruism: Is Charity Still Charity When It Is Performed for Uncharitable Reasons?
Looking beyond the “aw, neat, what a great person” façade of effective altruism, one clearly finds a level of narcissistic cynicism and a drive to the permanent power that financial immortality affords that is only matched by the amount of
Defining a Good: The Intersection of St. Thomas Aquinas and Carl Menger
The roots of Austrian economics go back to the great theologian Thomas Aquinas, whose view of what constitutes a good was a prototype of Menger's pathbreaking theory of the good. Original Article: "Defining a Good: The Intersection of St. Thomas Aquinas and Carl
Micronations in International Law: How US Policy Could Improve the Fortunes of Upstart Libertarian Countries
After years spent toiling as an activist against the tide of Czech politics, Vít Jedlička concluded that it would be easier to build a libertarian nation from scratch somewhere else. In April 2015, he declared that a new country called
The Constitution Failed. It Secured Neither Peace nor Freedom.
If one cares to look, it's not difficult to find numerous columns written for mainstream news outlets announcing that the US Constitution has failed. This ought to raise the question of "failed to do what?" The answer depends largely on
Authoritarianism Is Not Compatible with Economic Progress: Freedom Is Indivisible
The belief that a free market economy needs an authoritarian state to support it is mistaken. Mises said it best when he wrote that "freedom is indivisible." Original Article: "Authoritarianism Is Not Compatible with Economic Progress: Freedom Is Indivisible" This Audio Mises Wire