A $15 Minimum Wage Would Be a Huge Blow to the Small Business Economy
Opening and running a business has never been easy, but this past year has been particularly challenging for the nation’s entrepreneurs—those who represent the “driving force” of our economy, as Ludwig von Mises once described them. Just months after the
Why Is Economic Journalism So Bad?
Niall Ferguson holds a PhD in philosophy from Oxford, taught history at Harvard and NYU, and wrote perhaps the definitive biography of Henry Kissinger. So, naturally, Bloomberg hired him to write on economics. His most recent column for Bloomberg is a strained
Economics vs. Politics
[This article is excerpted from chapter one of The Rise and Fall of Society.] It may be that wary beasts of the forest come around to accepting the hunter's trap as a necessary concomitant of foraging for food. At any rate,
With Victoria Nuland Nomination, Biden Signals a Return to Bush-Obama-Era Foreign Policy
Some things never change in American foreign policy. While there’s a lot of chatter about a “Great Reset” in terms of rebuilding society along technocratic lines in the wake of covid-19, US foreign policy appears to be going through its very own
Desmond Ng: Entrepreneurial Empowerment and the Austrian Approach to Value-Generating Organizational Design
Austrian economics offers a wide range of knowledge and applications for better business performance. One of them is the design of high-value organizations (see Mises.org/E4B_109_PDF). Austrians understand the function of entrepreneurial businesses in the economy is to pursue and generate new
Hoppe’s The Great Fiction, Expanded Second Edition—Now Available
Hans-Hermann Hoppe is a name to reckon with. He has for over forty years made outstanding contributions to Austrian economics, philosophy, history, and sociology, all from a Rothbardian perspective. Murray Rothbard was his great mentor and friend, and no one
What the Shipping Container Shortage Reveals about US-China Trade
Despite the record unemployment rate, widespread hardship to businesses, strains on the healthcare system, political turmoil, and general disruption to daily life in 2020, US consumers have managed to ramp up their habit of buying things. Demand for physical goods
Facebook: A Political Dining Table
– Sameera S Vasista It was the year 1686, when Sir Isaac Newton came up with his third law of motion which roughly stated, “For Every action, there is an equal and opposite reaction”, which is apt even to this age,
Facebook: A Political Dining Table
– Sameera S Vasista It was the year 1686, when Sir Isaac Newton came up with his third law of motion which roughly stated, “For Every action, there is an equal and opposite reaction”, which is apt even to this age,
In Some Countries, Lockdowns May Be the “New Normal”
While some countries in Europe are showing signs of lifting all restrictions soon, Ireland’s so-called leaders are telling citizens it cannot be guaranteed that they’ll even be able to holiday in their own country this summer. Original Article: "In Some Countries,