Mises Wire

The State of Economics Education

EducationStrategy

07/26/2019Audio/Video
Jeff Deist and Dr. Liliana Stern discuss the state of economics education on this special live episode of the Human Action Podcast.
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Nozick on Our Debt to Society

07/26/2019Power & Market

Robert Nozick challenges the view that we may be taxed or otherwise imposed on because we are in part social products.

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Altruism vs. Materialism in Market Exchange

Philosophy and MethodologyValue and Exchange

Blog07/26/2019

Other psychic factors being equal, it is to everyone's self-interest to maximize his monetary income on the market. But this maximum income can then be used for either “selfish” or for “altruistic” ends.

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Edmund Burke’s Case for Private Charity Over the Welfare State

Blog07/26/2019

As some conservatives increasingly argue for an ever larger state to support "families" and "society," Burke showed through both words and personal actions that the real answer to building up civil society lies in the private sector and not in government programs.

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Capitalism Isn't the Reason We're Unhappy

PovertyU.S. HistoryWorld History

Blog07/26/2019

The theory goes like this: capitalism combines with consumerism and advertising to make us sad, lonely, and forever chasing after material goods. So we consume endlessly and the Machiavellian capitalists reap the rewards. It's not a great theory.

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The Fed's Dangerous Game: A Fourth Round of Stimulus in a Single Growth Cycle

Blog07/26/2019

At this point mal-investments and false market signals have been accumulating for many years. The effects can be seen not necessarily in a future "crash" but also in our current weak and declining levels of economic growth.

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Intellectual Cover for Socialism

Philosophy and Methodology

07/25/2019The Free Market
But how can anyone deny that the East German or Russian experience is decisive evidence against socialism? The answer lies in creating a arcane theories that make socialism sound reasonable.
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Capitalism Didn't Invent "Keeping Up with the Joneses"

Blog07/25/2019

Competition for wealth and social status was hardly created by the capitalist system. People have always competed for these things. Thanks to capitalism, though, this competition is now less violent, and true poverty is easier to avoid.

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