Diary of a Psychosis: How Public Health Disgraced Itself During Covid Mania . By Thomas E. Woods, Jr. Libertarian Institute, 2023. In the Foreword to this outstanding book, the eminent Stanford University physician Dr. Jay Bhattacharya makes an arresting claim. He says that people often make mistakes in recollecting the past because they confuse
Beyond Positivism, Behaviorism, and Neoinstitutionalism in Economics by Deirdre Nansen McCloskey University of Chicago Press, 2022; 222 pp. Deirdre McCloskey is a great economic historian, and in Beyond Positivism , she makes a number of valuable points that draw from her immense learning in this field. I’d like to concentrate on a few of these
Visions of Inequality: From the French Revolution to the End of the Cold War by Branko Milanovic Harvard Univerity Press, 2023; 359 pp. Branko Milanovic’s Visions of Inequality contains one of the most misleading statements I have ever encountered by an author about the contents of his own book. Milanovic, an eminent economist who teaches at the
Economics in America: An Immigrant Economist Explores the Land of Inequality by Angus Deaton Princeton University Press, 2023; xiii + 273 pp. Economics in America disappointed me, but I have only myself to blame. As you would expect from a Nobel laureate, Angus Deaton is very smart and erudite, but what you might not expect is that he is funny as
When we think of Milton Friedman and Murray Rothbard, what come to mind first are their contrary views on economics, but I’d like to discuss a different subject that might surprise some of my readers because they don’t associate Friedman with positions on it: American foreign policy. Jennifer Burns’s outstanding new biography Milton Friedman: The
Philip Goff’s new book Why? The Purpose of the Universe is an outstanding investigation of cosmic purpose written from the author’s panpsychist point of view. It’s an impressive contribution to metaphysics, but, you may ask, why I am talking about it in this week’s column? The answer is that the author includes an appendix, “P.S. Is Taxation
In his new book Only a Voice: Essays (Verso, 2023), the critic and essayist George Scialabba brings to our attention the wisdom of two authors who analyzed the dangers of war: Randolph Bourne and Dwight Macdonald. In this week’s column, I’d like to discuss what Scialabba says about them. Bourne will be a familiar name to many readers owing to
How States Think: The Rationality of Foreign Policy by John J. Mearsheimer and Sebastian Rosato Yale University Press, 2023; 304 pp. How States Think surprised me. John Mearsheimer is a well-known critic of American foreign policy, and his analysis of the Ukraine war has been deservedly influential. As result, I anticipated that this book would
In his important book The Failure of American Conservatism (2023), the political theorist and philosopher Claes G. Ryn offers some criticisms of libertarianism and free-market capitalism, and in this week’s column, I’d like to examine these. Ryn is not an opponent of all forms of the free market, but he fears an extreme version of it can be
The philosopher Terrance Tomkow (1950-2024) passed away last Friday night, January 12, 2024. He was best known as a philosopher of language and made important contributions to metaphysics, the philosophy of science, and the free will problem. For most readers of the Mises page, though, what will probably be of most interest are his posts about
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.