Mises Institute
Friday, October 17, 2025
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Stiglitz and Capitalism: Remembering that Statists Mostly Win the Nobel
William L. Anderson
While some economists are celebrating the awarding of the Nobel Memorial Prize in Economics to three economists who are relatively friendly to free markets, we should not forget that most Nobel winners have been unrepentant statists and socialists.
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Rothbard on Taxation
Llewellyn H. Rockwell Jr.
Murray Rothbard said, “Taxation is theft, purely and simply, even though it is theft on a grand and colossal scale which no acknowledged criminals could hope to match.” If it is a crime for an individual, and it is a crime for a group, then it ought to be considered a crime for a government. There should be no special category for political elites.
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The Progressive Era Triple Alliance: Government as Cartellizer
The progressive period birthed the cancerous corporate state.
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Profit, Loss, and the Entrepreneur
Profit and loss spring from uncertainty. Entrepreneurship is ownership-anchored judgment.
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The Symptoms of Collectivism
Leaders prone toward collectivist ideals and central planning seize upon these opportunities, thriving on divisive sentiment.
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Housing Has Become More Affordable. The Fed Could Reverse That
Market pressures should make housing more affordable, but easy money undermines that prospect.
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American Independence and the Seeds of Big Government
Independence from Great Britain was achieved, but war itself has a tendency to lead to greater statism.
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Liberty and Economics
Mises was the twentieth century's foremost economist, and one of its most important champions of Liberty.
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Hayek for the 21st Century—Our New 100,000 Book Giveaway
Hayek for the 21st Century is a primer for the layperson, introducing a new generation of readers to Hayek’s writings and hopefully avoiding the 20th century’s mistakes in the 21st century.
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