Mises Institute
Tuesday, February 4, 2025
 
 
Elon Musk Is Wrong About Money
Jonathan Newman
Elon Musk’s latest comments on money make the same errors as we saw with Milton Friedman and the Monetarists. If Musk really wants to understand money, he needs to read Murray Rothbard and Ludwig von Mises.
 
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The Shifting Sands of Constitutional Interpretation
Wanjiru Njoya
Progressives have created the fiction in which the US Constitution “is what the Supreme Court says it is.” In reality, the justices simply interpret the Constitution according to modern, statist, progressive viewpoints.
 
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Don’t Put Your Trust in the Supreme Court
 
No matter how the court rules on birthright citizenship (or anything else), it certainly won’t be the “last word” on the matter.
 
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How the Nanny Campus Will Fight to Keep Taxpayers Hostage
 
The so-called benefits to college are turning out to be a chimera.
 
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The Impotence of Knowledge in Economics
Mainstream economists make too much out of “knowledge.” The entrepreneur’s judgement is ultimately what matters.
 
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Looking for Changes at the Fed
Centrally-coordinated economic planning, especially central banking, has been detrimental to liberty, freedom, and the purchasing power of the US dollar.
 
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A Philosopher Goes on Holiday
Allen Wood’s attempts to salvage Marx’s theory of exploitation. While Dr. Gordon acknowledges Allen’s expertise in 19th-century philosophy, he notes that Allen truly misunderstands economics.
 
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Against the State
 
Lew Rockwell at the 2014 Mises Circle in Costa Mesa, California.
 
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Profit and Loss
 
In Profit and Loss, Mises explains how cost accounting is the critical institution that ferrets out social waste, ensures that resources are directed to their most highly valued ends, and how entrepreneurs respond to price signals. His presentation is systematic, relentless, logical, and ultimately devastating to the opponents of profit and loss.
 
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