Mises Institute
Wednesday, December 10, 2025
 
 

Elon Musk says he thinks money will no longer be relevant in the future. Yet, a “moneyless” economic system is impossible for the same reasons that socialist central planning is impossible: future human wants are unknowable. Thorstein Polleit explains why.

Also, Mark Thornton lists the worst economic sins of interventionist, state-centered economies. We’re living all of them today.

Ryan McMaken, Editor-in-Chief

 
 
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Mises Institute
Support the Mises Institute and receive your free copy of The Fight for Liberty. Unless people believe that freedom and private property are good things, people simply won’t fight for them.
 
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Elon Musk Claims Money Will Become Irrelevant. Is He Right?
Thorsten Polleit
Elon Musk recently claimed that artificial intelligence will make money itself obsolete. He needs to read the literature of Austrian economics.
 
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Early Innings for Gold, Late Stage for Fiat
 
In this special mid-week episode of Minor Issues, Mark Thornton joins The Julia LaRoche Show.
 
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Elon Musk Claims Money Will Become Irrelevant. Is He Right?
 
Money won’t vanish.
Scarcity and prices endure.
 
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The Seven Deadly Economic Sins
Dr. Mark Thornton presents seven reasons why our economy is deteriorating and the fallacies behind them.
 
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Why Classical-Liberal Constitutionalism Has Failed

The old classical liberal political tactics of constitutionalism, state building, and universal suffrage have failed.

 
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Progressive Worldviews Are Based Upon a Collection of Myths
Michael Huemer’s book Progressive Myths takes the progressive worldviews to task.
 
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The Causes and Cures for Gen Z's Economic Illness
 
Dr. Jeff Degner explains how “inflation culture” reshapes marriage, adulthood, and family life for Gen Z.
 
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The Misesian
 
In the latest issue of The Misesian, we give readers a sense of what happens at Mises University by featuring lectures and photos from the event, as well as testimonials from students.
 
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