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Summary by Luis Rivera III: What constitutes theft? Do governments steal? If someone takes something from someone is it necessarily theft? How free market were Milton Friedman, Ayn Rand, F.A. Hayek and Ron Paul? The Austrian School of economics and socio biology is talked about in this lecture. The Austrian’s view on minimum wage. Empirical

(Summary by Luis Rivera III) Here , Dr. Walter Block reveals what he believes is his most controversial view as well as what has been the harshest response he has ever received. Dr. Block talks about his books Defending The Undefendable I and Defending The Undefendable II . He touches on some of the chapter including prostitution, drug

Topic: Adam Smith, F.A. Hayek, Ludwig von Mises. Smith, Hayek and Mises are not only important figures in economics, but in ethics and political philosophy too. The former would have won the Nobel Prize in economics, if this award were given during his lifetime. The middle mentioned one actually did have this honor bestowed upon him, in 1974. The

According to the official White House website, the end goal of schooling is to “help restore middle-class security.” Such a stance is a surprisingly honest one in a political environment built on deceit. The Obama administration makes no attempt to hide the fact that mandatory public schooling is a state tool for manipulating class structure. This

[With this column, Mises.org inaugurates a regular column by Walter Block, senior scholar of the Mises Institute, professor of economics at the University of Central Arkansas, and author of Defending the Undefendable , a brilliant application of economic logic to everyday problems and political issues. You can read Professor Block’s vita here ]

[ This is the second of a regular column by Walter Block, senior scholar of the Mises Institute, professor of economics at the University of Central Arkansas, and author of Defending the Undefendable , a brilliant application of economic logic to everyday problems and political issues. You can read Professor Block’s vita here ] In my last column ,

[This is Part Three of a series. You can also read Part One and Part Two ]   Stakeholder A new word has crept into our lexicon, courtesy of our friends on the left. It is “stakeholder” and it is the entering wedge of yet another attack on private property rights. In the good old days, a firm had contractual obligations to its suppliers, to its

In my previous columns on language, I suggested that our friends from the left have hijacked vast verbal territory, and used it against us. That is, they have taken words such as “profiteer,” “rent seeking,” etc., and used them as sticks with which to beat us and undermine our political economic perspective. I urged that we strive mightily to

Swamps Ever notice something curious? There are no more “swamps” out there. Swamps used to be bodies of water that smelled bad, were usually stagnant, and often had creepy crawly things running around in them, sometimes even alligators (or crocodiles, for the life of me I can’t tell the difference between them, nor do I want to learn enough about

The headline in the newspaper was horrendous: “Wildfire kills 4 firefighters in N. Cascades.” Pictured was Pete Soderquist, the fire management officer in charge on the Cascade Mountains in central Washington state, who explained that the deaths occurred “when what had been a five-acre fire exploded into a wall of flame that trapped the crew.”