Exchange within Society
1. Autistic Exchange and Interpersonal Exchange Action always is essentially the exchange of one state of affairs for another state of affairs. If the action is performed by an individual without any reference to cooperation with other individuals, we may call
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Not too long ago, most of us took our news or commentary in print. Thanks to entrepreneurs and digital technology, we now have other options. Some people still prefer to read, others to watch, and it looks like many of
Do Free Markets Create a Wasteful “Landfill Economy”? Definitely Not
In a recent article, Charles Hugh Smith claims that the landfill economy has put our society in crisis. Here's how he describes the "landfill economy": For the hundred years that resources were cheap and abundant, we could waste everything and call it growth:
China’s Draconian Lockdown Policies: Major Consequences to Follow
In an attempt to stymie the spread of covid-19, the Chinese government has imposed reckless and harmful lockdown policies in several cities. This will not end well. Original Article: "China's Draconian Lockdown Policies: Major Consequences to Follow" This Audio Mises Wire is
The Language Vandals
Language is a critical tool for communication among humans; we cry "watch out" when a speeding car hurtles toward a pedestrian. We also think of language as a cognitive tool for society at large, since all human learning is closely tied to how we
SCOTUS Attacked Indian Tribe Sovereignty in Castro-Huerta, and That’s a Bad Thing.
Indian tribe sovereignty has long been a much neglected, yet important, tool in decentralizing and limiting government power in the US. Original Article: "SCOTUS Attacked Indian Tribe Sovereignty in Castro-Huerta, and That's a Bad Thing." This Audio Mises Wire is generously sponsored by
John T. Flynn and the Myth of FDR
Albert Jay Nock, distinguished man of letters and philosophical anarchist, was an inspiration to thinkers as diverse as Murray Rothbard and Robert Nisbet, Frank Chodorov and Russell Kirk. A personal friend of the father of William F. Buckley, Jr., he
GDP Provides a False Reading of the State of the Economy
The GDP (gross domestic product) statistic portrays a view that the key driving factor of economic growth is not the production of wealth but rather its consumption. Instead, it is a calculation of the value of final goods and services
Mark Packard: How Entrepreneurs Create Value
There is an excellent, deeply researched, Austrian economics-founded theory of customer value: the value learning cycle, which we explored thoroughly in Episode #178 (Mises.org/E4B_178). How do entrepreneurs and executives apply that theory to create customers, delight them, and grow strong brands
Federalism, Not Centralization, Is the Way out of the Current Conflicts
Since the overturning of Roe v. Wade, pundits on the Left have demanded even more centralization of government. But federalism is the best way forward. Original Article: "Federalism, Not Centralization, Is the Way out of the Current Conflicts" This Audio Mises Wire is