Socialism

The knowledge of government planners is much overrated. Instead, we must "trust no man beyond his infinitesimal area of competence; hold him to the very little he knows."

There are many reasons why activists and intellectuals oppose inequality. Envy is one of them.

There are many reasons why activists and intellectuals oppose inequality. Envy is one of them.

Time for Socialism: Dispatches from a World on Fire, 2016–2020 By Thomas Piketty Yale University Press, 2021 352 pages Thomas Piketty has written a useful book. Readers need no longer plough their way through his vast Capital in the Twenty-First...

One of the darlings of the left's intellectual brotherhood gives us a look into the state of intellectual affairs therein. Piketty expounds "there is no universal law of economics: There is only a multiplicity of historical experiences and imperfect data.” Piketty is what Mises calls an "antieconomist."

McAdams discusses what a Ron Paul doctrine for economics and foreign policy would look like. It would be laissez-faire at home, self-determination for political minorities up to and including secession, free trade, and a strictly noninterventionist military approach. 

Maltsev says, a goal of the Marxists is the secularization of America, which is a necessary step toward establishing a communist state—the perfected state of mankind.

Wapshott has made a career of writing about the clash between economists who favor the free market and those who support a "mixed economy." But he shows his heart by saying that in emergencies, government must supplant the market.

Further, if solidarity is a value, why can’t the common enterprise be that people in a society share a commitment to the free market? Or is solidarity only good when people jointly do things socialists like?

In a special live seminar, Jeff Deist and Bob Murphy discuss Mises's views on interventionism and their continued relevance today, particularly after the last year and a half of economic intervention resulting from covid tyranny.