The Division of Labor and Finding Your Niche
Society is built upon each person doing what they do best. Developed economies have very specialized skills. This division of labor allows us each to do what we do best. We can create ourselves.
Recent Podcast Episodes
Socialism: Utopia and Reality
A defector from the Soviet Union, Yuri Maltsev knows that socialism is not better than communism.Intellectuals love socialism because they imagine themselves holding power. Communism, a utopia created by Marx, was intended to be classless with no money.
Why Rich Families Hate Capitalism
Often the dispersion of a fortune starts already in the lifetime of the businessman when his buoyancy, energy, and resourcefulness become weakened,
Selling Liberty: National Delusions and the Madness of Crowds
Recorded at the Mises Circle in Chicago, 9 April 2011.
The Austrian School’s Critique of Marxism
According to Mises, socialism would be bound to fail not because of morality but because of insuperable intellectual difficulties, writes Eugen-Mar
Panel Discussion: Strategies for Changing Minds Toward Liberty
Featuring Walter Block, Jacob Huebert, Douglas French, Roderick Long and Yuri Maltsev. Recorded at the Mises Circle in Chicago, 9 April 2011.
Introduction to the Bastiat Collection
If we were to take the greatest economists from all ages and judge them on the basis of their theoretical rigor, their influence on economic educat
The Anticapitalistic Bias of American Intellectuals
In the U.S., an almost unsurmountable gulf separates “society” from the intellectuals, writes Ludwig von Mises (1881–1973).
Capitalism at the Farm Stand
They think they are doing battle with capitalism and corporate greed; I say it is a pure and beautiful example of a market exchange, writes Stefano
The Ambiguous Utopias of Ursula K. Le Guin and Samuel R. Delany
LeGuin, in The Dispossessed, and Delany, in Triton, explore various social arrangements in the search for happiness through the genre of utopian science fiction novels.
Henry David Thoreau
If you want to know Thoreau, you had better pass up the diagnosticians and get down to reading Thoreau himself, writes Frank Chodorov (1887–1966).
Democracy and Liberty
It is generally accepted that a government can enslave the citizens — unless it is a democratic government. Mistake!
