Mises Institute

The Shiller CAPE ratio has only been higher once in 150 years. The Buffett indicator is 2.5 standard deviations above trend. 40% of the S&P 500 is in just ten stocks. Wall Street sees nothing wrong.

Those who use Catholic social teaching to defend socialism forget Pope Leo XIII’s Rerum Novarum, published in 1891, which strongly condemned socialism and defended private property.

What might be the process of a society moving from being unfree to being free? Here is one scenario.

The current strain of illiberalism running through western thought conflicts with the themes of individual liberty and liberalism that also came from western thinkers. We need to recover those best ideas from antiquity to the present.

Dr. Wanjiru Njoya argues that Rothbard's political philosophy is not a sideshow to his economics but its essential second pillar, and that this integrated system is precisely what is needed to challenge the egalitarian premise at its root.

With some simple logic and using Hobbes’s own presuppositions and arguments, we can internally critique Hobbes’s argument for the state, namely, that the state solves none of the problems he presents.