The Feds Are Pushing Pension Funds toward “Socially Responsible Investing”
Enivronmental, social, and governance (ESG) investing, although rooted in an older concept known as “socially responsible investing,” has been more and more on the rise in recent years. Predictably, the Biden administration has paved the way for the Department of
Can Las Vegas Recover from Covid?
In Las Vegas, airline passengers plummeted 64 percent during 2020, and the convention business has collapsed. For Vegas, there are troubling signs that the world is not in a hurry to spend freely on extravagant face-to-face meetings. Original Article: "Can Las
GDP Hides the Damage from the Covid-19 Lockdowns
Government money printing may goose GDP, but It will do nothing to fix the losses that millions have suffered from covid restrictions and lockdowns. Original Article: "GDP Hides the Damage from the Covid-19 Lockdowns" This Audio Mises Wire is generously sponsored by
Why Postmodernism Is Incompatible with a Politics of Liberty
Several months ago, I debated Thaddeus Russell on The Tom Woods Show. The proposition debated was “Postmodern philosophy is compatible with a politics of individual liberty.” Thaddeus defended the proposition and I opposed it. Here, I want to flesh out
The Economics and Ethics of Government Default, Part III
In the previous installments of this series (part I, part II), I have argued that government default is not only ethical, it is also beneficial to the economy and society as a whole. The one question I left open at
The Tyranny of the “Enlightened” Experts
If you were to stroll through any typical upper-middle-income American neighborhood in 2021, the odds are very high that you’d observe at least one yard sign exuberantly proclaiming something like this: “In this house, we believe that science is real, love is
Central Banking as an Engine of Corruption
Much has been written about the famous debate between Thomas Jefferson and Alexander Hamilton over the constitutionality of America's first central bank, the Bank of the United States (BUS). This was where Jefferson, as secretary of state, enunciated his "strict
Big Debt Plus Rising Interest Rates = Big Danger
If there is anything Wall Street banks crave is relief. Primarily relief from the potential for failure and, next, relief from holding much, if any, equity capital. These banks like their capital tiny and their profits huge. Losses should be
The “Mind Viruses” Creating Social Justice Warriors
The Parasitic Mind: How Infectious Ideas Are Killing Common Senseby Gad Saad. Regnery, 2020xvi + 240 pages Gaad Saad, a psychologist who specializes in applying evolutionary biology to the study of consumer behavior, has written a book of great value, and
The World of Salamanca
The subject of the medieval period highlights the vast gulf that separates scholarly opinion from popular opinion. This is a grave frustration for scholars who have been working to change popular opinion for a hundred years. For most people, the