Desmond Ng: Entrepreneurial Empowerment and the Austrian Approach to Value-Generating Organizational Design
Austrian economics offers a wide range of knowledge and applications for better business performance. One of them is the design of high-value organizations (see Mises.org/E4B_109_PDF). Austrians understand the function of entrepreneurial businesses in the economy is to pursue and generate new
Hoppe’s The Great Fiction, Expanded Second Edition—Now Available
Hans-Hermann Hoppe is a name to reckon with. He has for over forty years made outstanding contributions to Austrian economics, philosophy, history, and sociology, all from a Rothbardian perspective. Murray Rothbard was his great mentor and friend, and no one
What the Shipping Container Shortage Reveals about US-China Trade
Despite the record unemployment rate, widespread hardship to businesses, strains on the healthcare system, political turmoil, and general disruption to daily life in 2020, US consumers have managed to ramp up their habit of buying things. Demand for physical goods
In Some Countries, Lockdowns May Be the “New Normal”
While some countries in Europe are showing signs of lifting all restrictions soon, Ireland’s so-called leaders are telling citizens it cannot be guaranteed that they’ll even be able to holiday in their own country this summer. Original Article: "In Some Countries,
The Song That Is Irresistible: How the State Leads People to Their Own Destruction
[Robert Higgs's Schlarbaum Award Acceptance Speech, delivered on October 12, 2007, at the Mises Institute's 25th Anniversary Celebration.] Margaret Atwood's poem "Siren Song" begins: This is the one song everyonewould like to learn: the songthat is irresistible:the song that forces mento leap
Scam Baiters Take an Active and Entertaining Role in Fighting Cybercrime
US government agencies like the FBI remain incapable of bringing foreign online scammers to justice. Fortunately, in their place, internet “vigilantes” have answered the call to action. Original Article: "Scam Baiters Take an Active and Entertaining Role in Fighting Cybercrime'" This Audio
China’s Monetary Tradition and the Origins of Money
[This is Joseph Salerno's preface to the new Chinese version of Money: Sound and Unsound published by the Shangai People's Publishing House.] In the Introduction to this book, first published in English in 2010, I wrote: “The idea of sound money was
In Search of Utopia
Utopia is described as a society void of pain and poverty. It was sought well before Sir Thomas More coined the word in 1516 from the Greek words ou and topos. Since their combination translates as "to place," More understood
MMT Is Fake Economics
In this era of monetary fiction, one tends to read all types of undocumented and misguided views on monetary policy. However, if there is one that really is infuriating is the MMT (modern monetary theory) science fiction. One of its main principles
Moral Courage and the Austrian School
When economic crises hit, most pundits and intellectuals never see it coming. That is because they have never learned the lesson that Bastiat sought to teach, namely that we need to look beneath the surface, to the unseen dimensions of