The Montaigne Fallacy
Listen now
Description
As the world heads further down the road to trade protectionism and war, Mark takes a look at what Ludwig von Mises dubbed the "Montaigne Fallacy." This fallacy is based on the illogical idea that with voluntary exchange, one person's benefits come at the expense of the other, or what we call "zero sum thinking." Mark shows exactly why the idea is wrong and explains that Montaigne's other ideas are also wrongheaded.  Be sure to follow Minor Issues at Mises.org/MinorIssues. Order a free paperback copy of Murray Rothbard’s What Has Government Done to Our Money? at Mises.org/IssuesFree.
More Episodes
Government's power to control our lives—its power to tax and spend, and the enormous, but largely cloaked power to print money—has created the “great divide” in America. Unfortunately, it has pitted Americans against each other. "Main Street Uncertainty Reaches All-Time High" (Small...
Published 11/02/24
Prohibition is one way the government swings the fist of violence into our daily lives. Mark Thornton presented this talk at the Mises Institute's Supporters Summit in Hilton Head, South Carolina, on October 12, 2024. Order a free paperback copy of Murray Rothbard’s What Has Government Done to...
Published 10/26/24
Published 10/26/24