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
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
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
Accad ❤ Koka
Dr. Accad interviews Dr. Koka regarding his latest article entitled “Correlative Adventures with COVID” SHOW NOTES Anish Koka: “Correlative Adventures with COVID“Anish Koka: “In Defense of Small Data“Anish Koka: “The Price of Progress“Michel Accad: “The Devolution of Evidence-Based Medicine“Michel Accad: “Why N-of-1
Commercial Real Estate: Too Much Debt, Not Enough Assets
It’s hard to crack the headlines of the financial pages, what with GameStop, bitcoin, Tesla, and squeezes of one sort or another. There is a squeeze in commercial real estate that won’t shock anyone, or shouldn’t. That squeeze is tenants
Class Harmony, Not Class War
The discontent and unrest that followed the 2020 presidential election was, at least in major part, one of the innumerable destructive consequences of an almost 250-year-old error in economic theory made by Adam Smith: namely, the belief that profits are
Capital and Labor Both Suffer under Minimum Wage Mandates
Rising unemployment is just one outcome of minimum wage mandates. Capital accumulation and labor productivity will also be hurt. Original Article: "Capital and Labor Both Suffer under Minimum Wage Mandates" This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by
The New New Deal Has Already Arrived. Thank the Covid Panic.
We’ve entered a new era of politics and government in America, and the Left is pretty happy about it. This week, for example, The Guardian announced “Biden's $1.9tn Covid relief bill marks an end to four decades of Reaganism.” From this