Rebutting Paul Krugman on the “Austrian” Pandemic
In a recent column for the New York Times, the world’s most famous Keynesian Paul Krugman attacked Austrian business cycle theory (ABCT). In addition to repeating his decades-old claim that ABCT suffers from an internal contradiction, as well as his
China’s Military Strength Has Been Greatly Exaggerated
China is a rapidly aging, inefficient, conflict-ridden, and relatively poor country that simply is not on the road to seriously challenging the US’s hegemony. Original Article: "China’s Military Strength Has Been Greatly Exaggerated" This Audio Mises Wire is generously sponsored by Christopher
What Texas’s Unilateral Immigration Policy Tells Us about Washington
Could Texas usher in a uniquely decentralized approach to immigration? Texas Governor Greg Abbott recently embarked on a unique policy drive to have the state government lead the charge on immigration policy. It’s no secret that talks of immigration evoke powerful
Per Bylund: The Unrealized
Understanding The Unrealized requires us as entrepreneurial businesspeople to think better, and to resist settling for what is merely feasible in a regulated, risk-mitigated world. We must ask what could be possible in a different world, and act on that
The Terrible Economic Ignorance Behind Covid Tradeoffs: My Speech to the Ron Paul Institute
This article is excerpted from a talk delivered at the Ron Paul Institute conference on 4 September 2021. Introduction Some of you may know the name Alex Berenson, the former New York Times journalist who comes from a left-liberal background. He has been absolutely fearless
Is California an Economic Paradise? Paul Krugman Thinks So
Paul Krugman is worried, very worried, that California voters will overturn all of the many progressive gains that the state has made in the past decade when they vote in the September recall election for Gov. Gavin Newsom. If polls
The Prussian Aristocrat Who Spoke Out for Liberty
When Oswald Spengler, in one of his minor books, scornfully characterized German classical liberalism as “a bit of the spirit of England on German soil,” he was merely displaying the willful blindness of the school of militaristic-statist German historians, who
Remember When Conservatives “Canceled” Anyone against the War on Terror? I Do.
Life in American changed twenty years ago after the 9/11 attacks. Many Americans became enraged at anyone who did not swear allegiance to President George W. Bush’s antiterrorism crusade. Anyone who denied “they hate us for our freedoms” automatically became
America’s Economy Is Heading Down the Same Road as Italy’s
In 2015, I came to the United States from Italy to study at Indiana University as part of an exchange program. I remember one day I was particularly surprised to discover that the State of Indiana had a AAA credit
Fears of Stagflation Loom as Job Growth Stalls
Job growth numbers on Friday failed to impress. Economists had predicted job growth in the area of 720,000, but according to the Department of Labor’s estimates, jobs growth for August was only a third of that: 235,000. Commentators on CNBC called