Is Democracy under Attack in Canada? No, but It Should Be
Canadian political, academic, and media elites "worry" that democracy in that country may be under attack. Actually, democracy works all too well there. Original Article: "Is Democracy under Attack in Canada? No, but It Should Be" This Audio Mises Wire is generously sponsored
Biden’s Executive Order on Equity: It Will Create Greater Inequality
On February 16, 2023, President Joe Biden issued his second executive order to strengthen equity within federal agencies. Among other things, it ordered them to install equity officers and implement action plans with the superficial aim of making it easier
Loss of Religious Belief Is a Greater Loss for a Civilized Society
Secularists cheer the decline of religion in Western societies, but that loss comes at a huge cost: the decline of civilization itself. Original Article: "Loss of Religious Belief Is a Greater Loss for a Civilized Society" This Audio Mises Wire is generously sponsored
China’s Emerging Global Leadership Isn’t Just the Result of Subsidies: Entrepreneurship Still Matters in This Market
It is easy to dismiss Chinese advancements in electric vehicles as the result of government subsidies, but private entrepreneurship also is playing a major role. Original Article: "China's Emerging Global Leadership Isn't Just the Result of Subsidies: Entrepreneurship Still Matters in This
Artificial Intelligence Can Serve Entrepreneurs and Markets
In our technocratic age, it is easy to dismiss the latest technological developments as an avenue toward freedom, but some of them still bode well for markets. Original Article: "Artificial Intelligence Can Serve Entrepreneurs and Markets" This Audio Mises Wire is generously
The Fed’s “Disinflation” Story Just Flew Out the Window
Mark talks about the recent price inflation reports, as well as reports of job openings from private sector job placement companies. Inflation was higher than expected and job openings declined. What will the Fed do? People are making painful adjustments—Domino's
Austrian Economics Stands against the Collectivism of Progressive Thought
Recently, I published an article in the Mises Wire, “Woke Egalitarianism and the Elites,” in which I presented the true intentions behind woke egalitarianism. The article also described how elites attempt to rebuild society through collectivism. But more than discussing
Altruism vs. Materialism in Market Exchange
[Excerpted from chapter 6 "Antimarket Ethics: A Praxeological Critique" of Power and Market.] One of the most common charges levelled against the free market (even by many of its friends) is that it reflects and encourages unbridled “selfish materialism.” Even
Losing Control of Money
With global worldwide debt now over $300 trillion and interest rates rising, the US dollar is once again a relative safe haven in a slowing economy. Currencies competing with the Dollar face a deadly race to stave off a sovereign debt
When Military Strategy Ignores Economics: The Sad Story of Rear Admiral Alfred Thayer Mahan
It is a great tragedy that many modern military leaders and strategists do not understand economics. If they did, I suspect that there would be a lot less war, a lot less military spending, and a lot less wastefulness. Certainly,