Capitalism Has Improved Life in India, but the Spirit of Collectivism Still Dominates
India is currently the seventh-largest country in the world with the largest youth population. There are many elements that make this country unique, the foremost being diversity—diversity of culture, race, ethnicity, and linguistics. India faced an era of colonialism under
When the Private Sector Is the Enemy
Last Wednesday’s House Oversight Committee meeting provided some much-needed insight into how corporate personnel at Twitter (before Elon Musk’s takeover) had essentially turned the company into an adjunct of the federal government and its intelligence agencies. Present to testify were high-ranking
Melissa Swift: Human Action To Build A Powerhouse Workplace
What can economics tell us about designing fulfilling jobs and productive workplaces? Quite a lot if we apply the economics of subjective value and empathy. Melissa Swift is the author of Work Here Now: Think Like A Human And Build
“Stakeholder Capitalism” Is an Incoherent Term
One of the modern progressive buzzwords is "stakeholder capitalism," in which people with no direct connection to a firm somehow have a "stake" in what the firm does. It is an incoherent term. Original Article: ""Stakeholder Capitalism" Is an Incoherent Term" This Audio
Covid-19: Will the Political and Health Scandals Erupt into the Public Light?
The recent revelations surrounding the covid-19 pandemic in the West are so shocking that it is necessary to first summarize them to keep on track. Secondly, it is important to try to understand why these political and health scandals are
The Power to Destroy
Fifty years ago, a remarkable libertarian, personal friend, witty Georgite, then editor of Human Events, came out with a landmark book, The Income Tax: Root of All Evil (text and PDF). Its author was Frank Chodorov who saw raging about
Is the Japanese Low Inflation–Low Interest Rate Model at an End?
For nearly three decades, the Japanese economy has slowly imploded under low interest rates and heavy government debt. It may soon be time to pay the piper. Original Article: "Is the Japanese Low Inflation–Low Interest Rate Model at an End?" This Audio Mises
The Legacy of Immigration: It’s Complicated
In contemporary America, the success of immigrants is celebrated as a source of American vitality. Indeed, immigration is frequently lauded by American elites as a tool to raise economic growth and living standards. Many marvel at the success of Indian
Social Security Taxes Aren’t “Your” Money
The government can't return the SS money it stole in the past. It's impossible. That money's gone. Taxing today's workers to "pay back" pensioners is just creating a new group of tax victims. Original Article: "Social Security Taxes Aren't "Your" Money" This Audio Mises Wire is generously
The Paper Numbers Since The Great Recession
Mark Thornton takes a look back at US stock markets, the national debt, and Fed policy (ZIRP, money supply, and its balance sheet). "After the Boom Must Come the Bust" (Radio Rothbard): Mises.org/MI_06_A Austrian Economic Research Conference: AustrianEconomics.org Be sure to follow Minor Issues at Mises.org/MinorIssues.