We’re doomed: part 189
Or, at least salmon are doomed. From the NY Times (California Salmon Stocks Are Crashing. A Fishing Ban Looks Certain): This week, officials are expected to shut down all commercial and recreational salmon fishing off California for 2023. Much will be
Is the Fed Trying to Bail Out the World? Sure Looks Like It
Like the arsonist who then heroically fights the fire he set, the Fed is increasing its efforts to bail out banks both at home and abroad. This does not end well. Original Article: "Is the Fed Trying to Bail Out the
SVB’s Failure Is Not an Excuse for More Regulation
Recently, Silicon Valley Bank (SVB), a bank that was heavily involved in cryptocurrency, collapsed. Naturally, Democrats want to exploit the situation to rush through new regulations. But that will only make the problem worse. The failure of Silicon Valley Bank, a
Cancel Culture: The Digital Panopticon
The panopticon is a hypothetical surveillance and control system first imagined by philosopher Jeremy Bentham in the eighteenth century. It’s envisioned as a tool to control the behavior of a large number of people with as little effort as possible.
OPEC+ teaches us that demand curves are downward sloping
From the NYTimes (In Surprise, OPEC Plus Announces Cut in Oil Production): Saudi Arabia, Russia and their oil-producing allies announced on Sunday that they would cut production by more than 1.2 million barrels of crude a day, or more than 1
Why Most of the World Isn’t on Board with the NATO-Russia War
Many governments support continuing the Ukraine war, but ordinary people in Europe, America, and the developing world fear the war will bring economic disaster. Original Article: "Why Most of the World Isn't on Board with the NATO-Russia War" This Audio Mises Wire is generously sponsored
Peasants, Rise Up! The Croquants of the 17th Century
Seventeenth-century French kings and their minions did not impose an accelerating burden of absolutism without provoking grave, deep, and continuing opposition. Indeed, there were repeated rebellions by groups of peasants and nobles in France from the 1630s to the 1670s.
Canada’s Impotent Justice System Is the Product of Dysfunctional Canadian Democracy
Conservatives have been pressuring “the Liberal government to address what they term a violent crime wave, citing the killings of five police officers in five months and a surge of violence in cities across Canada.” Conservative leader Pierre Poilievre said
Bipartisanship Is Not a Substitute for Voluntary Exchange
Politicians tout "bipartisanship"—that often just means one's pocket will be picked even more cleanly. Original Article: "Bipartisanship Is Not a Substitute for Voluntary Exchange" This Audio Mises Wire is generously sponsored by Christopher Condon.
Would Stress Tests Have Prevented the Failure of SVB? Probably Not
“This is all about regulation and the fact that at some point in time there was great advocacy for making sure that the regional banks and the smaller banks didn't have to comply with some of the rules that perhaps