News
Progressives and Conservatives Are Wrong About Taxing the Rich
1+ hour, 21+ min ago (1083+ words) Calls to "tax the rich" are, once again, gaining traction online in recent weeks. It kicked off last month after New York Governor Kathy Hochul proposed a new tax on second homes in New York City worth more than $5 million....
Depopulation Won't Save Us or the Planet
15+ hour, 39+ min ago (108+ words) The recent death of Paul Ehrlich reminds us that his crackpot overpopulation theories still are with us, even as they are being regularly discredited. Original article: https: //mises. org/mises-wire/depopulation-wont-save-us-or-planet Depopulation Won't Save Us or the Planet The recent…...
Someone Always Knows First
16+ hour, 21+ min ago (908+ words) April 9, 2025: The White House has spent four days insisting the tariffs are here to stay. The president himself posted that morning: "BE COOL! Everything is going to work out well." His trade advisor is on television, calling market panic "no…...
The Inconsistencies of John Stuart Mill
1+ day, 1+ hour ago (792+ words) Many people today consider the prospect of a socialist utopia to be very appealing. Even if they do not believe such a utopia is achievable in its purest sense, they believe it is something we all ought to work towards....
America's States Are Too Big and Too Centralized
1+ day, 14+ hour ago (223+ words) Ryan Mc Maken argues that the American constitutional structure has become a suicide pact: states cannot secede, cannot protect themselves from neighboring states' policies, cannot adopt genuinely federal internal governance, and cannot redraw their own borders. It's a system that…...
Today's AIs Show the Marginal Revolution's Unfinished Business
1+ day, 16+ hour ago (620+ words) Jevons strand of marginalism," says George Mason University professor Tyler Cowen in a short but provocative new book on the marginal revolution, The Marginal Revolution: Rise and Decline, and the Pending AI Revolution, contained the seeds of its own destruction....
Private Credit and the Infinite Regress of Financial Regulation
1+ day, 16+ hour ago (300+ words) This is not a cycle of greed. It is spontaneous order doing what it always does: finding the path around the obstruction. The shadow is not a creature of finance. It is the shape of the wall. But some of…...
Nations by Consent
1+ day, 19+ hour ago (185+ words) Murray Rothbard argues that the nation-state's boundaries'invariably acquired by force'deserve no more sanctity than any other product of conquest. He proposes radical decentralization through secession, down to the neighborhood level, as the path to genuine nations formed by consent rather…...
Is Human Action the Hidden Impact Crater of Modern Economics?
1+ day, 21+ hour ago (296+ words) The hypothesis of this essay is that Human Action'particularly the first few hundred pages'was instrumental to the new way of economic thinking that emerged with the new Chicago School, the Public Choice School, price theory, economic imperialism, general equilibrium analysis,…...
Calculation and Environmental Policy: Lessons from Human Action
1+ day, 21+ hour ago (294+ words) Mises's response, addressing subsidies more generally, is instructive: "A project P is unprofitable when and because consumers prefer the satisfaction expected from the realization of some other projects to the satisfaction expected from the realization of P. The realization of P…...