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February 1, 2020
Mises Institute

By Thorsten Polleit

The Era of Boom and Bust Isn't Over

Central banks have done nothing to end the boom-and-bust cycle. Instead, their unscrupulous interventions in credit markets just prolong the boom. But it's a huge mistake to assume that bringing market interest rates to zero will create a perpetual boom.

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By David Gordon

Your Rational Self vs. Your Irrational Self

How can paternalists say that when they make it more difficult for you to smoke they aren’t interfering with your freedom? They've come up with a bizarre rationale.

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By Derek Zweig

Why Voting Doesn't Tell Us What Voters Really Want

In a large enough democracy, the impact of an individual vote is statistically zero on the margin. No single person’s vote will ever impact an election in a democracy of even modest size (electoral college, popular, or any other), and since their decision is independent from other voters, the decision to vote is itself irrelevant.

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By Peter G. Klein

The Pretense of Intuition

Joe's excellent critique of "state capacity libertarianism" picks up on something I also noticed when reading Tyler Cowen's piece. As Joe puts it, Cowen's ideal state is "a nonmarginal actor whose task is to achieve certain collective outcomes intuited by Cowen or some other political philosopher."

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MISES WIRE AND
POWER & MARKET 

The State Is a Predator. It Can't Be Used to Achieve Libertarian Ends by Joseph T. Salerno

Why Democracy Doesn't Give Us What We Want by Gary Galles

The Age of Entitlement: The Legacy of Anti-Discrimination Laws by David Gordon

The Theory and Brief History of Money and Banking by Robert P. Murphy

Savings vs. Money: Which Is More Important? by Frank Shostak

Franz Jägerstätter: Conscientious Objector by Ryan McMaken

Protectionism Is Not the Answer to the Canadian Fur Trade’s Problems by Daniella Bassi

Markets Provide Guns Despite Government Restrictions by Daniella Bassi

The Left's Plan to Make Cities More Powerful by David Gordon

The True Costs of Bad Economists, Explained by Per Bylund
The Folly of Economic "Stabilization" by Ludwig von Mises

The Medicaid Expansion Cheat by Gary Galles

After November Surge, Money Supply Growth Slows in December by Ryan McMaken
 


THIS WEEK'S PODCASTS
AND LECTURES

Supporters Summit 2019: Honoring Ludwig von Mises: Mises the Decentralist Hero

The Bob Murphy Show: Why I Am Still an Austrian Economist: My Response to Caplan

Economics for Entrepreneurs: John Rossman on the Principles and Mechanisms of Business Growth

The Bob Murphy Show: Tareq Haddad on the OPCW Scandal on Syria’s Chemical Weapons
 


NEW AUDIO BOOK: Conceived in Liberty, volume 5
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