“Supply Bottlenecks” as an Excuse for Inflation
One of the arguments most used by central banks regarding the increase in inflation is that it is because of bottlenecks and that the recovery in demand has created tensions in the supply chain. However, the evidence shows us that most commodities
Bill Sanders: How Creative Conflict Expands the Value Pie
Value facilitation is a creative act of imagination, design, assembly, communication and agile responsiveness. Our Economics For Business model applies these actions in the pursuit of new economic value. Bill Sanders, an expert in contract negotiation in business, applies them
America Still Loves the Warfare State
The difficulty Trump encountered in trying to even slightly scale back American military schemes shows just how far Americans are from abandoning the idea that the United States is the indispensable nation entitled to fight wars always and everywhere. Original Article:
Guatemala: The Human Rights Nightmare That Is the US Drug War
Vice President Kamala Harris visited Guatemala earlier this week to bestow millions of dollars in new foreign aid on that government. The Biden administration is pretending that giving more US tax dollars to Central American governments will miraculously reduce the
How Facebook Turned its Market Success Into a Culture War on America
Corporate America—from Facebook to Google to Major League Baseball—got rich by giving the consumers what they want. Now these big firms will use their riches to crush their ideological enemies. That's life in a "mixed economy." Original Article: "How Facebook Turned
The Meaning of Market Democracy
The Free Market 24, no. 12 ( 2004) The democracy of the market is not the democracy that Plato spoke of in his Republic (c. 370 BC) as "a charming form of government, full of variety and disorder, and dispensing a
What They Must Learn Now
Twenty twenty was the year college changed forever. How many US universities have been mortally wounded? Covid was the pretense. But the writing was on the wall for decades. Skyrocketing tuition. Useless majors and degrees. Leftist ideologues masquerading as professors. Woke
Private Security Apps May Be the Future of Neighborhood Policing
We're beginning to see some early attempts by private firms to provide simple, affordable private security beyond wealthy or corporate clients. Original Article: "Private Security Apps May Be the Future of Neighborhood Policing" This Audio Mises Wire is generously sponsored by Christopher
How Defamation Suits Are Used to Stifle Free Speech
The average American can be forgiven for assuming that he or she can freely criticize the government and government personnel without fear of being sued by the government for libel or slander. This is indeed true most of the time. But
Price Discovery is Alive and Well in Crypto
“If the market continues to see wild swings based on Elon Musk tweets, it’s going to be a big setback for this asset class,” Matt Maley, chief market strategist for Miller Tabak + Co. told Bloomberg. “The fact that it