A Global Fiat Currency: “One Ring to Rule Them All”
The One Ring of power stands for the particularly evil idea of creating a state of states, a world government, a world state. A one-world fiat currency is similarly dangerous. Original Article: "A Global Fiat Currency: 'One Ring to Rule Them
Economic Progress Requires Long-Term Thinking
Robert Luddy gave a lecture in sorely missed 2019 titled “Henry Hazlitt’s Long-Term Economic Thinking: Foundation of Entrepreneurial Excellence.” Throughout his talk, it’s clear that Hazlitt has had a profound impact on Luddy—an entrepreneur who’s exhibited excellence for decades. How is it that Luddy personifies success?
Industrial Policy—a.k.a. Central Planning—Won’t Make America Great
Across the political aisle pundits are suggesting industrial policy as a tool to contain the ascent of China. Commentators worry that failure to do so might result in China eclipsing America as the world’s economic superpower. Without doubt, the tantalizing
There’s Nothing Hawkish About the Fed’s New Tapering Plan
The Federal Reserve concluded its November Meeting of the Federal Open Market Committee on Wednesday. According to the FOMC’s statement, the Fed now plans to taper beginning in mid-November by cutting back its asset purchases by 10 billion in Treasury securities
Marx and Alienation
"Alienation," to Marx, bears no relation to the fashionable prattle of late-20th-century Marxoid intellectuals. It did not mean a psychological feeling, of anxiety or estrangement, which could somehow be blamed on capitalism, or on cultural or sexual "repression." Alienation, for
The Madness of Taxing Unrealized Capital Gains
President Biden’s proposal to require roughly 700 U.S. billionaires to pay taxes annually on unrealized capital gains has garnered wide support by Democrats as another step to make the rich pay for the uncontrolled spending by the federal government. House
Digitalization Could Move Medical Care beyond “Government Healthcare”
Government healthcare is centrally planned healthcare. Innovations in the decentralized "digitalization" of medicine could finally move medicine back in the direction of markets. Original Article: "Digitalization Could Move Medical Care beyond 'Government Healthcare'" This Audio Mises Wire is generously sponsored by Christopher
How Media and Tech Elites Seized Control of Elections
Rigged! How the Media, Big Tech, and the Democrats Seized Our Electionsby Mollie HemingwayRegnery Publishing, 2021, 432 pp. Mollie Hemingway, an editor of the online magazine The Federalist, calls our attention in this well-researched book to a problem of vital significance.
Election 2021 Autopsy: Dem Disaster in VA
"Let's Go Brandon!" scored an early win in Virginia, and hurt Democrats in New Jersey. Suburban voters seem to hate Critical Race Theory in schools more than they disliked Donald Trump, even as the corporate press dismissed it as a
Employer Vaccine Mandates: When the Feds Pay the Piper, they Call the Tune
Advocates for vaccine mandates—led by the Biden Administration—are apparently unconcerned that the mandates are likely to drive down total employment and reduce access to government services. In many cases these are the same services that mandate-pushing politicians have always insisted are utterly