What Does GDP Really Tell Us?
To gain insight into the state of an economy, most financial experts and commentators rely on a statistic called the gross domestic product (GDP). The GDP framework looks at the value of final goods and services produced during a particular
Is the new Digital Media Code Rules the perfect move to address the concerns of masses over the content created by OTT Platforms and News publishers?
Source: Theleafelt Amazon Prime Video, Netflix and others have been hitting headlines lately for FIRs filed against them. On February 25, 2020, the government made a remarkable move to cover this sector as well, under its wings since the Ministry of
Nonviolent Solutions to Social Problems
Bob discusses three separate items all related to nonviolence: (1) Gene Sharp’s work, (2) Bob’s old dream of how to topple a tyrant, and (3) the winners of the Louis CK contest. Mentioned in the Episode and Other Links of Interest: Gene
Antal Fekete, Gold, and Central Banks
On the fourteenth of October 2020, Antal E. Fekete, the Hungarian-Canadian economist who saw himself as a monetary theorist following the tradition of Carl Menger, died in Budapest. Behind him was an eventful and fruitful life which was quite typical of the crazy
Scam Baiters Take an Active and Entertaining Role in Fighting Cybercrime
Each year, billions of dollars are stolen from Americans through online scams. One popular scam is fake technical support: a pop-up appears on the computer claiming it has a virus and that one must call Microsoft tech support at some
Per Bylund and Mark Packard: Radically Reshaping Business Thinking via Subjective Value
In a recently published paper titled "Subjective Value In Entrepreneurship," Professors Bylund and Packard apply the principle of subjective value to generate significant new avenues of thinking for entrepreneurial businesses to pursue. Watch the "Value Generation Business Model" video at Mises.org/E4B_108_Video. Key
Public Schools Refuse to Open. Give the Taxpayers Their Money Back
If grocery stores were run like public schools, they'd still be in the midst of an extended covid lockdown. Fortunately, though, we have a (mostly) privatized system, with vouchers for low-income shoppers. A similar system for schools would be a
Playing Games with Stocks
The GameStop saga—can we call it an insurrection?—wants easy heroes and villains. Both are available. Original Article: "Playing Games with Stocks" This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.
Value Is Subjective: Neither Gold Nor Crypto Have “Real Value”
A major hurdle to the adoption of bitcoin is that while the average person may be at least open to the idea that fiat money is not the ideal, they still struggle to see a difference between fiat money and
Wind Power Is a Disaster in Texas, No Matter What Paul Krugman Says
In the wake of February’s tragic power outages in Texas, during which 4.5 million households suffered service interruptions, partisans on both sides have been quick to interpret the events as confirmation of their preferred energy policies. With news images of