Mises Institute
Wednesday, February 5, 2025
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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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Nixon and the Net: Anarcho-Nixionism
"Where do you put him in the moral scale? It seems to me you put Mr. Nixon pretty close to the bottom." —Rothbard (1971)
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Marxism and the Cultural Revolution
With leftist progressives there can be no discussion. Any symbol from the South equates to racism and nothing else.
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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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California Secession Would be Great for the Rest of America
The positive change would be immense.
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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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