Raiding the World Bank: Exposing a Fondness for Dictators
I was astounded at how many despots the World Bank was propping up. Bankrolling tyrants is the equivalent of a Fugitive Slave Act for an entire nation, preventing a mass escape of political victims. Original Article: "Raiding the World Bank: Exposing
The “Acid Rain” Scare and the Science-Industrial Complex
"Science" is now indistinguishable from politics. As the "acid rain" hysteria showed back in the 1970s and 1980s, "follow the science" is just a political slogan, unrelated to actual science. Original Article: "The "Acid Rain" Scare and the Science-Industrial Complex" This Audio
The Businessman and the Holy Family
At the heart of the Christmas story rests some important lessons concerning free enterprise, government, and the role of wealth in society. Let’s begin with one of the most famous phrases: “There’s no room at the inn.” This phrase is often
Is the Crack-up Boom Here?
Bloomberg News recently solicited advice from Argentinians who lived through that country’s high inflation on how Americans should cope with rising inflation. The Argentinians suggested Americans spend their paychecks as fast as possible to avoid future price increases. They also
Mandatory Holidays Mean Less Freedom and Flexibility for Workers
One of the things people tend to appreciate throughout the year, and especially during the Christmas season, is statutory holidays. These days off are taken for granted by many, and few people stop to think about whether they have any
Six Powerful Business Insights From Austrian Economics
We’re highlighting six of our 2021 podcasts that have special value for value creators. We invite you to listen to the special year-end podcast, and to sample each of those we’ve highlighted here, review the Key Takeaways we provide as a
Ron Desantis Plans to Revive Florida’s State Militia
Contrary to the conventional wisdom held by talking heads, there is no going back to the days of “decency” and “respectability” politics. The Tweedledee and Tweedledum of political parties discussing mundane issues is becoming an afterthought in the era of
Price Deflation and the Horrors of Falling TV Prices
Deflation empowers the citizen by allowing her modest savings to purchase more goods over time. Inflation empowers the state by reducing the size of its enormous debts in real terms—and through the inflation tax. Original Article: "Price Deflation and the Horrors
They’ll Use the Welfare State to Get Compliance on Vaccine Mandates
Regulatory powers have enabled government agencies to push vaccine mandates in new ways. But the welfare state also offers many ways to "encourage" compliance from nearly everyone. Original Article: "They'll Use the Welfare State to Get Compliance on Vaccine Mandates" This Audio
The Humanity of Trade
Wherever two boys swap tops for marbles, that is the marketplace. The simple barter, in terms of human happiness, is no different from a trade transaction involving banking operations, insurance, ships, railroads, wholesale and retail establishments; for in any case