Mises Institute
Saturday, April 26, 2025
 
 
The Race/Starting-Point Fallacy
Joshua Mawhorter
It is often asserted without challenge that “life is like a race” and it wouldn’t be a fair race without the same “starting-line.” While this analogy has some truth, it is largely fallacious and more than implies an ever-present state to provide “equal opportunity.”
 
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The Goldbug Variations
David Gordon
Dr. Gordon reviews Quinn Slobodian’s latest book trashing the Austrians, especially Murray Rothbard. Not surprisingly, Slobodian shows little understanding of the Austrians and economic history.
 
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Most popular this week
 
Tariffs Mean Lost Jobs
The goalposts are continually changing (more like fallacy-hopping), but one would-be goal of tariffs needs to be confronted—tariffs for domestic job protection.
 
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Don’t Pay Down the National Debt. Just Stop the Deficit Spending
For now, the number one thing we can do to make the federal debt less costly and more manageable is to just stop making it bigger.
 
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1775: Putting Tyrants on the Run
While establishment historians claim that the British government had no intention of depriving American colonists of their liberties, actual history tells a different story.
 
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Featured Audio
 
Why Did Trump Arrest a Student for Writing an Op-Ed?
Ryan McMaken and James Bovard discuss the troubling case of Rumeysha Ozturk. Do non-citizens have due-process rights?
 
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Randall Wray’s MMT Lecture Distorts History
Bob Murphy shows how leading MMT guru Randall Wray completely distorts two historical episodes.
 
listen
 
 
Why Do So Many Bad Economists Support the Austrian Position on Free Trade?
Mark Thornton unpacks why even Krugman and Marx agree with Austrians on free trade.
 
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Cronyism in America
 
Patrick Newman discusses how the AMA cartelized the medical profession.
 
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The Costs of War
 
John Denson’s The Costs of War argues that the warfare state is a greater threat to liberty than the welfare state. This expanded edition features sharp critiques of war and imperialism from thinkers like Murray Rothbard and Robert Higgs. It is a devastating and convincing attack on warmongering.
 
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