The Jan. 6th Show Trials Threaten All of Us
The recent felony conviction and eight month prison sentence of January 6th protester Paul Hodgkins is an affront to any notion of justice. It is a political charge and a political verdict by a political court. Every American regardless of
Why Capital Goods Are the Key to Economic Progress
[This article is excerpted from chapter 18 of Human Action] If one were to measure the length of the period of production spent in the fabrication of the various goods available now, one would have to trace back their history to
My Case against Minimum-Wage Laws
We often hear these minimum wage laws are well intentioned. I cannot agree. Minimum-wage laws are evil in their methods (coercion) and evil in their goals (to make people believe they’re dependent on government). Original Article: "My Case against Minimum-Wage Laws" This
Why Friedman Was Wrong About Booms and Busts
In his attempt at explaining what business cycles are all about, Milton Friedman held that the economy’s output is bumping along the ceiling of maximum feasible output except that every now and then it is plucked down by a cyclical
Matt McCaffrey: Austrian Business Strategy (Part 2): Principles
Austrian economics helps entrepreneurs to develop and implement more effective business strategies, and to open up streams of continuous innovation. As Joe Matarese, CEO of Medicus Healthcare Solutions, said about Austrian economics in relation to business: It just works (see
Why Progressives Will Never Accept Market-Based Medical Care
A recent article on this page highlighted a stunning situation in which a surgery clinic in Oklahoma City was able to offer outpatient procedures at less than one-tenth of what local hospitals were charging to third-party payment systems such as insurance
Secession and the Production of Defense
[Chapter 11 of The Myth of National Defense: Essays on the Theory and History of Security Production, edited by Hans-Hermann Hoppe (Auburn, Ala.: Mises Institute, 2003), pp. 369–413.] Few people object to the private production of shoes or rock concerts. But
Canada’s Left Is Pushing Some Albertans To See the Benefits of Secession
Talks of separatism are not just limited to the United States. When Canada is brought up in political discourse, it’s usually done to juxtapose its relative stability to the US. Often portrayed as the tamer, more socially stable version of the
Jan Tinbergen, Pioneer of Central Planning
Once in a blue moon, the Austrian school attracts the attention of serious scholars outside of its tradition. In the months after Janek Wasserman at University of Alabama published The Marginal Revolutionaries in 2019, lots of Austrians revisited the old
Steven Phelan: Startup Stories
Recorded live at Mises University on 24 July 2021. Find Startup Stories: Lessons for Everyday Entrepreneurs at: Mises.org/Startup