Mises Institute

Mises Institute
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Dec 18, 2024 • 10min

The Relevance of the Natural Sciences Methods in Economics

Modern academic economics is based upon the methodologies used to study the natural sciences. However, such methodologies are inappropriate to study economics, which must be based upon causal-realism. Narrated by Millian Quinteros.
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Dec 18, 2024 • 6min

Thanksgiving Day | William Leggett

The great free-market classical liberal William Leggett believed that Americans do not need politicians telling us on which days Americans ought to be thankful. Narrated by Millian Quinteros.
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Dec 18, 2024 • 8min

“NAFTA Fever” and the Myth of Government-Created Free Markets | David Brady, Jr.

Critics of free markets claim that the 1980s and 90s were near-pure laissez-faire when, in reality, the regulatory state only got stronger. Narrated by Millian Quinteros.
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Dec 18, 2024 • 8min

Caplan’s Errors on the UAE and Open Borders | Artis Shepherd

Economist Bryan Caplan has held up the United Arab Emirates as an example of how open borders can be successful. Caplan clearly does not understand how immigration works in the UAE. Narrated by Millian Quinteros.
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Dec 18, 2024 • 12min

Destroying Creative Destruction: The DMA against Innovation | Siamek Ettefagh

As Joseph Schumpeter noted, markets need “creative destruction” to survive and advance. However, Europe‘s Digital Market Act (DMA)—while written to ostensibly protect competition—gives the digital economy uncreative destruction. Narrated by Millian Quinteros.
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Dec 18, 2024 • 8min

Post-Election Prospects for Ending DEI | Wanjiru Njoya

With the demise of the Biden administration, it is time to take a hard look at the DEI programs it imposed. While divisive, simple removal will not solve underlying problems. Narrated by Millian Quinteros.
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Dec 18, 2024 • 9min

Wealth and Income Inequality Are Essential for Social Cooperation | Michael Njoku

Murray Rothbard wrote that egalitarianism is a “revolt against nature.” Progressives claim that inequality harms society and is morally unacceptable, but in reality, it is necessary for division of labor, which enables social cooperation. Narrated by Millian Quinteros.
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Dec 17, 2024 • 10min

The American Addiction to Transfer Payments | Jane L. Johnson

In Misesian thinking, only negative outcomes can ever result from dependence on government transfers. Narrated by Millian Quinteros.
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Dec 15, 2024 • 11min

The Complex Legacy of George Orwell | Allen Gindler

While most of us know George Orwell as an authoritative critic of totalitarianism, few people know he was a committed socialist and a lifelong defender of communist Leon Trotsky. While he understood totalitarianism, he never understood socialism.
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Dec 15, 2024 • 10min

Assumptions in Economics and in the Real World | Frank Shostak

Mainstream economists often base their analysis upon assumptions that do not square with reality. Austrian economics, on the other hand, is built upon realistic assumptions and the acknowledgement that good economics must reflect human action. Narrated by Millian Quinteros.

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