Everything You Love You Owe to Capitalism
I'm sure that you have had this experience before, or something similar to it. You are sitting at lunch in a nice restaurant or perhaps a hotel. Waiters are coming and going. The food is fantastic. The conversation about all
The New Green Economy Is Little More than a Keynesian Spending Scheme
Climate change theory says that the public has to drastically reduce its consumption to save the environment, while Keynesian economics says that increasing consumption by the general public is the surest way to a prosperous economy. Despite the contradiction, the
Ahmed Elsamadisi: The Stories Data Can Tell Us If We Ask The Right Questions
How do companies make decisions? Data certainly don’t make decisions, nor do analytics, nor do the computers they run on. Human begins make decisions — the human factor is crucial. Subjectivism is paramount, even in the age of big data
Profits Are Not Random. They’re How Entrepreneurs Help Allocate Resources Efficiently.
The efficient market hypothesis, which is popular in neoclassical economics circles, holds that markets are so "efficient" that entrepreneurial profits are generated randomly. Original Article: "Profits Are Not Random. They're How Entrepreneurs Help Allocate Resources Efficiently." This Audio Mises Wire is generously sponsored
Monetary Policy and Environmental Progress: Why Bad Money Drives Up Pollution
Many people are growing concerned about pollution and its growing effects on our environment and quality of life. So much so it seems, that politicians are now taking nuclear power much more seriously than previously. We’ve seen a greater push
The Attempt to Prosecute Donald Trump Is Unleashing More Than Our Political System Can Handle
The recent raid on Donald Trump's Florida home is one more event in Democrats and Never Trumpers' never-ending attempt to have Trump arrested, convicted, and imprisoned. Our political classes are unleashing something that cannot be contained. Original Article: "The Attempt to
The Philosophy of the Pseudoprogressives
1. The Two Lines of Marxian Thought and Policies In all countries which have not openly adopted a policy of outright and all-around socialization the conduct of government affairs has been for many decades in the hands of statesmen and parties
Can We See the End of the World from Here? Will We Still Feel Fine?
For those of us who see the world’s glass as half empty, a book entitled The End of the World Is Just the Beginning makes the pulse race in anticipation. The author, Peter Zelhan, doesn’t disappoint. R.E.M.’s “It’s the End of the
It Is Time to Put the Red Flag to Red-Flag Laws
Both progressives and conservatives are touting so-called red-flag laws as a means to prevent mass shootings. But many shootings already have occurred in states that have these laws. Original Article: "It Is Time to Put the Red Flag to Red-Flag Laws" This
Inflation Makes People Poorer (And It’s the Government’s Fault)
The Consumer Price Index (CPI) in the US was 9.1 percent in June. Taking into account that the government lies about inflation, it is better to consider Shadow Government Statistics’ CPI (based on the 1980s CPI methodology), which was (as of July 13) about