Socialism

Marxists have claimed that capital undermines human freedom. Ludwig von Mises, on the other hand, pointed out that capital developed within a free market is essential to personal liberty.

California has been seen as the nation’s “Promised Land” for many years, but in the past 25 years, people have left due to high housing costs and high taxes. The state’s future is about to become a lot worse, as socialists are rising in power here.

California has been seen as the nation’s “Promised Land” for many years, but in the past 25 years, people have left due to high housing costs and high taxes. The state’s future is about to become a lot worse, as socialists are rising in power here.

Faced with a decrease in the supply of crude oil—due to state intervention—the price increases to discourage consumption while simultaneously promoting increased production and/or logistics.

As the socialistic Canadian medical system runs aground, the government actively promotes physician-assisted suicide as a way to save the system and promoting “die with dignity” at the same time.

As the socialistic Canadian medical system runs aground, the government actively promotes physician-assisted suicide as a way to save the system and promoting “die with dignity” at the same time.

Being the good socialist he is, Mayor Zohran Mamdani of New York City recognizes that gold represents sound money and commerce. Naturally, he wants to tax it into oblivion.

Government entities like the Postal Service operate in a world of market prices, so they are not fully socialist. However, they still are subject to the limitations of socialist calculation problems.

A century after Ludwig von Mises exposed the fundamental weakness in the socialist economy, Jesús Huerta de Soto demonstrates why Mises was right and his detractors were wrong. In Friday Philosophy, Dr. David Gordon explains why Huerta de Soto is right.

Politicians say they can “fix” the economy. But economists Friedrich Hayek and Ludwig von Mises pointed out how government “fixes" lead to bigger problems. 

Ryan McMaken is interviewed by John Stossel for this interview about what we can learn from Mises and Hayek.