Category: Economics

This category covers posts with economic content.

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Economics Political Video Link

The Bigotry of the Literati

This showed up in the feed on Mises.org a few days ago and, even though it was published in the 1950s, it’s still extremely valid today. The video below is a short reading of a section of Mises’s book The Anti-capitalistic Mentality and it’s a good one. Enjoy!

The whole book is available for free from the Mises Institute at https://mises.org/library/anti-capitalistic-mentality. They also have a print version, if that’s more your style. All of the print books I’ve gotten from Mises have been very good quality, especially hardcovers.

Update: Video now also available on YouTube.

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Economics Video Link

What the Labor Unionists Won’t Tell You

It’s very common these days for people defending labor unions and their tactics to act as if labor unions are a free-market phenomenon in the United States. In fact, labor unions have massive state privileges and their supporters won’t tell you about them. They ignore these privileges and act as if they are merely voluntary organizations.

As you might expect, even a cursory examination of labor law in the United States shows this narrative is completely false. The privileges and special treatments that labor unions receive from the state are very significant, and any economist worth his or her salt will tell you so.

I decided to make a video about some of these privileges and give some details and additional sources for anyone interested in learning more.

Enjoy!

Links for more info:
Forgotten Facts of American Labor History, by Tom Woods
https://mises.org/library/forgotten-facts-american-labor-history

Paper by Morgan O. Reynolds in J. Libertarian Studies
https://cdn.mises.org/6_3_3_0.pdf

Episode 1019 of the Tom Woods Show:
https://www.tomwoods.com/1019

Update: This video is now also available on YouTube.

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Economics Video Link

Happy Birthday, Murray!

Murray Rothbard, a great economic thinker of the 20th century and a strong philosophical influence on anarchism, was born on March 2nd, 1926. Here’s a short video where I talk a little bit about his influence and legacy.

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Economics Video Link

On Ludwig von Mises

Ludwig von Mises is one of my great personal heroes and one of the greatest thinkers of the 20th century. He was an excellent writer, and his tone is something I wish I could emulate. He is at once elevated, persuasive, and readable. Here’s a few minutes of me talking about Mises and reading a few choice quotes from his book Socialism.

Update: Also available on YouTube.