Mauricio Miller: Entrepreneurship as the Path Upwards From Anywhere, for Anyone
Entrepreneurship is the best pathway for all people out of unsatisfactory economic circumstances. Mauricio Miller, who arrived in the US as a poor immigrant from Mexico, and who also experienced living in some of America’s worst neighborhoods, spent over 20 years
China Needs More Economic Freedom—Not a Bigger Welfare State
Mainstream economists claim China needs more consumption and a bigger welfare state. They think China's high savings rate is a bad thing. These economists are wrong. Original Article: "China Needs More Economic Freedom—Not a Bigger Welfare State" This Audio Mises Wire is
The High Cost of Using the Minimum Wage as a Form of Welfare
Social activists now regard the minimum wage as another welfare program that can reduce the costs of programs like Medicaid and food stamps, and can reduce inequality. But the minimum wage is very poorly targeted for these purposes. Original Article: "The
India’s Farming Reform: A Lesson in Interest Group Politics
India's farmers have been demonstrating in response to the government's decision to liberalize the agricultural sector. Though economists note that these measures will boost the incomes of farmers, it is unsurprising that the protests have received immense support. Unlike corporate
The Drive for State and Federal Protective Tariffs in Early America
[Chapter 3 of Rothbard's newly edited and released Conceived in Liberty, vol. 5, The New Republic: 1784–1791.] Every depression generates a clamor among many groups for special privileges at the expense of the rest of society—and the American depression that struck
“Weapons of Mass Destruction”: The Last Refuge of the Global Interventionist
The threat of “nuclear proliferation” remains one of the great catch-all reasons—the other being “humanitarian” intervention—given for why the US regime and its allies ought to be given unlimited power to invade foreign states and impose sanctions at any given
The Idea of Secession Isn’t Going Away
Secession is a four-letter word for the millions of Americans who have gone through the conventional educational pipeline that teaches them that the American state is indivisible and sacrosanct. However, intellectually honest historians whose minds haven’t been warped by educational institutions know
ECONOMIC SURVEY 2021 AND ITS SUGGESTIONS
On the first day of the budget session, Finance Minister Nirmala Sitharaman tabled the 2020-21 Economic Survey in Parliament. Authored by a team headed by Chief Economic Advisor Krishnamurthy Venkata Subramanian, the Economic Survey 2020-21 outlines the condition of various
COVID Cash (CMFA Working Paper No. 002)
COVIDCash_KennethRogoffAndJessicaScazzero_CMFAWP002 The post COVID Cash (CMFA Working Paper No. 002) appeared first on Alt-M.
BIG SHORTS SCORED BIG LOSSES
By Aanchal Shah Despite Melvin Capital Management LP being an investment management firm, they recently lost major 53% in January, hurt by GameStop and other bets. It’s very uncommon and hard to believe that a regular brick and mortar video game