The Inca Empire: An Indigenous Leviathan State
One of the realities that nullifies persistent interpretations of the European colonization of the Americas as a cataclysm of subjugation is the existence of state exploitation in the precontact New World. As I have recently shown, many common Indians lived
Antitrust Regulation Assumes Bureaucrats Know the “Correct” Amount of Competition
The process of learning what’s most efficient and profitable includes merging with competitors and taking over different stages of the supply chain—all tactics that would be considered in violation of current antitrust laws. Original Article: "Antitrust Regulation Assumes Bureaucrats Know the
Is Price Stability Really a Good Thing?
Contrary to popular thinking, there is no such thing as a price level that should be stabilized by the central bank in order to promote economic prosperity. Original Article: "Is Price Stability Really a Good Thing?" This Audio Mises Wire is generously
Menger the Revolutionary
"There never lived at the same time," wrote Ludwig von Mises, "more than a score of men whose work contributed anything essential to economics." One of those men was Carl Menger (1840–1921), Professor of Political Economy at the University of Vienna
Smallpox: The Historical Myths behind Mandatory Vaccines
Throughout the corona “pandemic” the Holy Grail of public health officials has been vaccination: only by vaccinating enough people—first the elderly and infirm, then all adults, and now even children—can the nefarious virus be beaten. As vaccination has proven less
With Low Vaccination Rates, Africa’s Covid Deaths Remain Far below Europe and the US
Since the very beginning of the covid panic, the narrative has been this: implement severe lockdowns or your population will experience a bloodbath. Morgues will be overwhelmed, the death total toll will be astounding. On the other hand, we were
Rethinking Churchill
Churchill as IconOpportunism and RhetoricChurchill and the "New Liberalism"World War IBetween the WarsEmbroiling America in War—Again"First Catch Your Hare"War Crimes Discreetly Veiled1945: The Dark SideThe Triumph of the Welfare State Churchill as Icon When, in a very few years, the pundits start
It’s Time for the US To Stop Courting Conflict with Russia
Just as happened this past April, Russian troop levels at the border with Ukraine are rising. Next door in Belarus, the embattled government of Alexander Lukashenko is being accused of launching a "hybrid attack" on its neighbor Poland. Meanwhile, to the south, a constitutional crisis been
Christopher Habig: How Understanding Subjective Value Will Revolutionize the Medical Care Industry
The field of medical care is so ripe for new entrepreneurial solutions. As is always the case, solution design begins with understanding subjective value, both for customers (patients) and providers (doctors) Christopher Habig of Freedom Healthworks (FreedomHealthworks.com) joins Economics For Business
China’s Financial Bubbles Remind Us of Scams like Britain’s South Sea Bubble
It never ends well: to clean up mountains of bad debts, the Chinese regime has employed debt-for-equity schemes that could leave countless ordinary investors in deep trouble. Original Article: "China's Financial Bubbles Remind Us of Scams like Britain's South Sea Bubble" This