The Conservatism of Decolonization
For all the talk of decolonialization, many Third World countries that became independent set up regulatory regimes that mirrored their former "mother" country. Original Article: "The Conservatism of Decolonization" This Audio Mises Wire is generously sponsored by Christopher Condon.
There’s a Reason George Washington Warned against “Entangling Relationships”
America's Cold War relationships have created conditions for very hot wars to take place. The current war in Ukraine is part of that sorry Cold War legacy. Original Article: "There's a Reason George Washington Warned against "Entangling Relationships"" This Audio Mises Wire
A Tribute to Prof. George Ayittey, One of Africa’s Greatest Economists
I was saddened to hear of the passing of Professor George Ayittey, a brilliant scholar, prolific writer and fierce fighter for Africa's freedom, prosperity, and dignity. May heaven grant his soul peace and rest. Although I never met Professor Ayittey and just recently
Delusion Reigns at the Eccles Building
Never in the history of the world has the financial well-being of so many been tied to the economic competence of so few. Yet what emerged from the latest Federal Open Market Committee (FOMC) meeting (March 15–16) indicates a complete
When Is a Land Title Criminal?
The Problem of Land Theft A particularly important application of our theory of property titles is the case of landed property. For one thing, land is a fixed quotal portion of the earth, and therefore the ground land endures virtually permanently.
Reckless Associations: The Ruling Class Creates New Legal Theory to Stifle Free Speech
The war on free speech has been given a boost by a new legal theory called "reckless associations," the "leaders" of an association that allegedly harms someone else are declared liable for that harm. Original Article: "Reckless Associations: The Ruling Class
Meds: The Seen—and Unseen—of Intellectual Property Laws
Perhaps the greatest lesson to be learned in economics is that public policies have seen and unseen effects. The mastery of such a lesson is what separates the good from the bad economist. “The bad economist,” writes Henry Hazlitt, “sees
Jordan Peterson on Austrian Economics: Free Markets Are “Profoundly Equitable”
Jordan Peterson is turning his eye toward Austrian economics. Unlike the many conservatives who see free market advocacy as some sort of "dangerous fundamentalism," Peterson seems to get it. Original Article: "Jordan Peterson on Austrian Economics: Free Markets Are 'Profoundly Equitable'" This
What Money Can’t Buy
An old joke expresses one of the most common criticisms of the free market. “What is the most beautiful word in the English language? Cash.” The free market, it is alleged, has no place for values that have no price