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A central belief of collectivists is that people think collectively, too. Whether one is a member of a class, religious group, or ethnic group, collectivism holds that each group has distinct interests that determine how individuals in the group think. Mises would have disagreed.
Original article: https://mises.org/mises-wire/mythology-methodological-collectivism
Although President Trump has claimed that tariffs will ultimately raise our standard of living, they really are taxes on consumers. Furthermore, tariffs also deny consumers the choices they want to make.
Original article: https://mises.org/mises-wire/tariffs-destroy-consumer-choice
Monetarists have long believed that the Fed should pursue policies of low inflation in order to counter the effects of lower prices through enhanced productivity. Thus, they reason, overall prices will remain stable. Such policies actually promote economic instability.
Original article: https://mises.org/mises-wire/futility-price-stability-policies
Mixed martial arts is a brutal, imperfect, occasionally ugly sport. But it’s also one of the most honest epistemic systems we have when dealing with self-defense, and each individual has the right to defend himself against aggressors.
Original article: https://mises.org/mises-wire/rights-fights-and-economy-self-defense-why-mma-facilitates-right-self-defense
Has anyone besides Murray Rothbard made a compelling case for state-free anarchy? In this week‘s Friday Philosophy, Dr. David Gordon extols Libertarian Anarchy by Gerard Casey, which he says provides excellent arguments for doing away with the state.
Original article: https://mises.org/mises-wire/excellent-casey-anarchism