Curt Carlson: Value Creation As A Life Skill
Curt Carlson has devoted his life to value creation and innovation — VC&I as he sometimes characterizes it. He has been CEO of SRI, a “pure innovation” company where the business model was to create important new innovations that positively impacted
Interest Rates Are Rising, but the Fed Continues to Be Reckless
The Federal Reserve is raising interest rates in hopes of reversing some of the inflationary damage it has done for more than a decade. Unfortunately, the Fed already has done incalculable damage to the economy. Original Article: "Interest Rates Are Rising,
From the Eccles Building to Vegas: The Fed Enables the Worst Ponzi Schemes
It seems a short leap from Robinhood or Coinbase to a Ponzi scheme. “Investing is simple here,” Robinhood’s website leads. “Start building your portfolio with just $1.” Scroll down a bit on coinbase.com, and it says, “Take control of your
Why Intervention Persists
With a few exceptions contemporary commentators on economic problems are advocating economic intervention. This unanimity does not necessarily mean that they approve of interventionistic measures by government or other coercive powers. Authors of economics books, essays, articles, and political platforms
The New Deal: Admissions against Interest
Though Kuttner thinks the New Deal a great success, he himself lays out some of its many problems. Original Article: "The New Deal: Admissions against Interest" This Audio Mises Wire is generously sponsored by Christopher Condon.
Why Progressives Love Government “Experts”
Progressives have long pushed for a state dominated by a new class of "scientific" experts who are supposedly nonpolitical and pursuing only "good government." It's a fantasy many people still believe. Original Article: "Why Progressives Love Government 'Experts'" This Audio Mises Wire is
The Intellectual Incoherence of Conservatism
Modern conservatism, in the United States and Europe, is confused and distorted. Under the influence of representative democracy and with the transformation of the U.S. and Europe into mass democracies from World War I, conservatism was transformed from an anti-egalitarian,
In Defense of Defaulting on the National Debt
With the acknowledged national debt now a politically and economically unpayable $30 trillion (in reality, its unfunded liabilities are far greater), Americans should start to become acclimated to the realities of the United States’ eventual, inevitable default. While it may seem
144 Million Americans Now Live in States with Legal Recreational Marijuana
Advocates for marijuana legalization won another victory last month when Governor Dan McKee signed new legislation legalizing recreational marijuana in the the state. New Hampshire—where cannabis is "only" decriminalized and legal for medical purposes—is now the only state in New
Powell’s “Soft Landing” Is Impossible
After more than a decade of chained stimulus packages and extremely low rates, with trillions of dollars of monetary stimulus fueling elevated asset valuations and incentivizing an enormous leveraged bet on risk, the idea of a controlled explosion or a