The Birth of the Austrian School
Why is water nearly free while diamonds cost millions, when you'd die in three days without one and never miss the other? In 1871, Carl Menger finally solved it.
Why is water nearly free while diamonds cost millions, when you'd die in three days without one and never miss the other? In 1871, Carl Menger finally solved it.
Opening the 40th Mises University, Professor Hülsmann tells how the Austrian school came back from near-extinction—and why Mises U was central to its revival.
Mark Thornton examines the rise of democratic socialism, the political realignment it may trigger, and why young Americans are embracing bad solutions to real problems.
The problem with socialism was never the wrong people in charge. It was socialism.
While people claim they want the "virtuous" state with citizens to match, what we really get is realpolitik, whether we want it or not.
Bob sits down with the managing editor of the Libertarian Institute, Keith Knight, to sample arguments from his recent four-hour video cataloguing sixty-four problems with democratic socialism.
There has been growing interest in democratic socialism, particularly among younger voters and progressive politicians in the United States. NTD discussed this trend with Mark Thornton, a senior fellow at the Mises Institute.
On this episode of Power and Market, Ryan, Tho, and Connor discuss the death of Lindsey Graham, the questions around Mitch McConnell, and provide a preview of next week's Mises University.
While we speak highly of “rule of law” and the “limited state,” the unfortunate truth is that the modern state is a law unto itself.
Is the U.S. stock market more overvalued than at any point in the last 150 years—except for 1927? Mark Thornton believes today's extreme valuations, rising leverage, and mounting fiscal pressures are creating the conditions for a major market reckoning.
Murray Rothbard saw government as a predatory, criminal entity and the Microsoft lawsuit of 1998 proved to be a classic example of government organized crime in action.
To deny local self-determination to the Catholic Vendean rebels was to support the imperialist impulse, just as the opponents of the American revolutionaries embraced imperialism over freedom.
World Cup tickets are a hot commodity with prices through the roof. Naturally, governments want to do what governments always do unsuccessfully: levy price controls.
The standard narrative is that policing and imprisonment are necessary tools to keep the public safe from criminals. But it also would seem that these things are useful tools for a state that wishes to dominate its citizens.
Lotus Eaters podcast host Dan Tubb speaks with Dr. Jonathan Newman about Austrian Economics.
Ryan McMaken, Timothy Terrell, Charles Sauer, and Robert Murphy take questions from the audience on healthcare economics, free market alternatives, and the prospects for reform.
America’s elderly political class is only the most visible symptom. The deeper problem is a government built to transfer wealth from younger Americans to a caste of older, wealthier generations.
If avoiding a repeat of the excesses of the French revolution is an important goal, we need a thorough understanding of its causes. Edmund Burke and his conservative followers don't offer this.
Bob Murphy makes the case that American healthcare's dysfunction is not a market failure but a pricing failure manufactured by government. He closes with practical reform proposals designed to restore market signals without waiting for Washington.
It's not the starving artist who resents capitalism—it's the millionaire columnist.