Category Archive: 6b.) Mises.org

UN Places Gaza Under Control of US-Led Board

The US-controlled "Board of Peace" will rule over Gaza for at least two years, and the US will oversee a newly deployed military force in the territory.

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From Allentown to the Present: How the Iron and Steel Industry Changed

Billy Joel memorialized the workers of the steel industry in his 1982 song “Allentown.” While popular culture seems to dwell on tragedy, the creative-destruction of the market process also involves progress.

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The Difference between Formal and Substantive Equality

When we think of the term “equality,” most of us think of it in a formal sense: equality under the law. However, political elites are demanding “substantive” equality, which is impossible to achieve.

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Roger Williams: Exemplar of America’s Soul

Roger Williams, the Baptist minister whose libertarian views ran afoul of the Massachusetts Bay Colony authorities, should be honored as one of this country’s early libertarians.

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What Makes Economics Scientific?

Prompted by an online debate about whether economics belongs with the hard sciences, Bob reviews common defenses of mainstream practice and explains why they don’t settle the scientific status of the field.

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Does a Decline in “Aggregate Demand” Cause a Recession?

Keynesian orthodoxy claims that the cause of recessions is a decline in so-called aggregate demand. Besides confusing cause-and-effect, Keynesians don't understand that downturns are the result of malinvestments made during the boom because of central bank interference in the economy.

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The Road to De-Civilization: Inflation and the Moral Erosion of Society

Inflation is not just an economic phenomenon. It also undercuts the foundations of a civilization, leading to the breakdown of society itself.

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Minor Issues, Major Conversations: Mark Thornton’s Four-Interview Roundup

Four interviews in one cut: gold’s whiplash, ballooning debt, and what it all means for your wallet.

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An Austrian Perspective on Equality

Modern progressivism is based upon the notion of equity—equal outcomes. However, as Ludwig von Mises wrote, classical liberalism had its roots in liberty, which was undergirded by equality before the law.

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Roger Williams: Exemplar of America’s Soul

Roger Williams, the Baptist minister whose libertarian views ran afoul of the Massachusetts Bay Colony authorities, should be honored as one of this country’s early libertarians.

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MAGA infighting grows over H1-B visas.

"President Donald Trump’s once unquestioned grip on his MAGA political base is showing signs of strain as some of his supporters have started pushing back..."

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A Rawlsian Trick

When John Rawls published A Theory of Justice in 1971, he realized there were some loopholes that he tried to cover 22 years later with Political Liberalism. In this week’s Friday Philosophy, Dr. David Gordon exposes the intellectual futility of Rawls' tricks.

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Pete Hegseth’s reforms at the Pentagon may actually be undermining the usual military propaganda.

Hegseth says he is making the Pentagon more war ready, but he's "actually weakening all three legs of the Pentagon stool." Article by Karen Kwiatkowski.

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Is the Israel Lobby starting to panic?

John Mearsheimer thinks it may be so. Mark Levin's hysterical rants about Tucker Carlson illustrate the state of the Israel lobby in America.

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Trump Says Walmart’s Thanksgiving Meal in 2025 is “25% Cheaper” This Year. But It’s Also Smaller.

The "benchmark" Thanksgiving meal is cheaper only because Wal-Mart greatly reduced the size of the meal, and then declared it more affordable.

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The CPI as Evidence of Methodological Error

Mainstream economists and others speak of the Consumer Price Index as the measure of inflation. Yet, the CPI is nothing more than a weighted average of numbers put into an arbitrary formula. It is time to end this statistical charade for good.

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How Herbert Hoover Became Known as an Economic Non-Interventionist

One of the most enduring myths of American history is that Herbert Hoover was a laissez-faire advocate who “did nothing” while the US economy slid into depression. How did he gain this undeserved reputation?

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On Resisting Evil

We libertarians may be anti-state, but that we are emphatically not anti-society or opposed to the real world, however contaminated it might be.

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Teradollar Deficits Forever

Neither Congress nor President Trump speak anymore about a balanced budget. Instead, the Republicans and Democrats compete with each other to see who can spend the most.

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The Meaning of Revolution

The revolutionaries include the pamphleteer writing in his study, the journalist, the agitator, the organizer, the campus activist, the theoretician, the philanthropist.

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