Canadian Healthcare: A Half Century of Broken Promises
“People primordially fear illness and death, and physicians, from shaman to modern scientists, have always been perceived as holding a near-talismanic power over both. With the rise of modern wealth came the potential for enormous tax harvesting, and politicians were
Carl Menger Explains the Nature of Goods
With the publication of his Principles of Economics in 1871, Carl Menger (1840–1921) laid the groundwork for the Austrian school. His contribution is famous beyond Austrian economics, because it was one of the fundamental works of the subjective value theory and
The Ideas Taught at Mises U Are the Greatest Threat to the Establishment
In 2020, for the first time, the Mises Institute had a video removed by YouTube. The video was a lecture by Tom Woods on "The Covid Cult," where he stated the noncontroversial opinion that virus-related lockdowns failed any public health
Governments Are Failing at Their Most Basic Duties—While Promising Free Stuff
Political candidates are offering endless government spending and "free stuff" for everyone. But at the same time, governments appear incapable of performing even basic duties like ending street riots. Original Article: "Governments Are Failing at Their Most Basic Duties—While Promising Free
Will the Feds Try Price Controls to “Fix” Price Inflation?
As it began rapidly expanding the money supply early in 2020, the Fed confidently assured the public there would be no unanticipated or serious rise in inflation. Now that their projections have failed to materialize (in fact, their forecasts were
The current spike in oil prices, what are the reasons?
Oil and gas sector is among the eight core industries in India and plays a major role in influencing the decision making for all the other important sections of the economy.India’s economic growth is closely related to its energy demand,
The Problem of Security: Historicity of the State and “European Realism”
[The State] forbids private murder, but itself organizes murder on a colossal scale. It punishes private theft, but itself lays unscrupulous hands on anything it wants, whether the property of citizen or alien.—Albert Jay Nock, 1928, On Doing the Right
Sound Money versus Fiat Money: Effects on the Boom-Bust Cycle
An increase in the supply of money does not necessarily cause the boom-bust cycle. It is only when more money is created out of nothing that the cycle begins. Original Article: "Sound Money versus Fiat Money: Effects on the Boom-Bust Cycle" This
Review: Sohrab Ahmari’s New Attack on Laissez-Faire Liberalism
Sohrab Ahmari’s new book The Unbroken Thread: Discovering the Wisdom of Tradition in An Age of Chaos is so disappointing I don’t know where to begin. This may seem to be a harsh invective, but in reality, it is a
Joe Matarese Defines a Whole New Level of Customer Value to Build a High Growth Service Firm
Firms that can unlock the deep secrets of subjective value can unleash powerful, long-lasting value streams. When these flow in a confluence with well-identified market drivers, revenue and profit growth can be greatly accelerated. Joe Matarese tells Economics For Business how