The Western Lands and Foreign Policy in the Early Republic
[Part II of Rothbard's newly edited and released Conceived in Liberty, vol. 5, The New Republic: 1784–1791.] The Old Northwest With the cession of the claims of Virginia and other states to the lands of the Old Northwest, and the passage of its Ordinance of
Opposition Builds to the F-35 Program’s Runaway Costs
Earlier this month, House Armed Services Committee chairman Adam Smith (D-WA) said it’s time to "cut our losses" on the F-35 Joint Strike Fighter, and added, "I want to stop throwing money down that particular rathole." Smith has no problem with spending money
Yousif Almoayyed: Apply Economic Thinking To Better Manage Your Technology Projects
Does economic knowledge help you manage complex IT projects? Yousif Almoayyed thinks it does. He combines management knowledge with careful project management and principled economic thinking. Economic thinking utilizes foundational principles to integrate knowledge management and business task management for all
A $15 Minimum Wage Would Be a Huge Blow to the Small Business Economy
Wage hike advocates effectively seek to force entrepreneurs to raise the costs of production after many of them have barely survived what became a catastrophic 2020 due to the coronavirus pandemic. Original Article: "A $15 Minimum Wage Would Be a Huge
With Victoria Nuland Nomination, Biden Signals a Return to Bush-Obama-Era Foreign Policy
Nuland was an advisor to ultrainterventionist Dick Cheney and would continue the costly expansionist policies of the Bush and Obama years. Original Article: "With Victoria Nuland Nomination, Biden Signals a Return to Bush-Obama-Era Foreign Policy" This Audio Mises Wire is generously sponsored
Victim-Centered Justice Throws Black Men under the Bus
Social justice warriors accuse the police of systemic racism. At the same time, they push revolutionary changes in police procedure that cement extreme bias into the very structure of law enforcement—a bias that will fall heavily upon black men. It
The Anti-imperialism of Mises
The death of Ludwig von Mises has brought forth numerous essays on his contribution to economics. It is equally in order to discuss his work in the historical sciences, as he called them. Having had the honor and pleasure of
Why Envy Can Destroy Economic Progress
Economists think that culture is a fuzzy concept. Yet as research demonstrates, culture provides insight into a country’s potential for growth. One cultural feature worth studying for its propensity to impede development is envy. Envy is described as a feeling of resentment
The New New Deal Has Already Arrived. Thank the Covid Panic.
The new covid relief bill signals that whatever restraint on public spending existed before 2020 is now all but gone. And the bill represents the beginning of a new era: an era that can be likened to that of the
The Everything Bubble: How A Debt-Driven Economy Creates More Frequent Crises
The pace of global recoveries since 1975 has been slower and weaker, consistently every time, according to the Organisation for Economic Co-operation and Development (OECD). Recoveries take longer and happen slower. At the same time, periods of crisis are less