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lincoln

The Purpose of Political Demigods like Lincoln and the "Founding Fathers"

Blog40 sec ago

How do we convince people to submit themselves to the regime or to even die for it? Convince them that the regime was founded and sustained by a breed of superhuman "statesmen" like Wilson, Lincoln, and the "Founding Fathers."

digital wallet

Bitcoin, Gold, and the Rush to National Digital Currencies

Blog5 hours ago

A money which can be held in only one form, whether digital coin (as in the case of bitcoin), or banknote, or sight deposit, or metallic coin, for example, is crippled. Yet, exclusive digital form has become a huge selling point for the promotors of bitcoin.

Dr. Philipp Bagus on the Political Economy of Mass Hysteria

02/26/2021Mises Media

Echoing Hoppe and public choice theory, Professor Philipp Bagus explains how politicians enjoy asymmetric rewards for exaggerating risks and creating fear. The result is gross policy errors we will all pay for over many decades. Don't miss this show!

Minimum Wage, Maximum Discrimination

Blog02/26/2021

Eugenicist Progressives introduced the minimum wage, because it was well suited to perform the Progressives’ dirty work of discriminating against (what they considered) the least productive by making them unemployable.

American Households Made Economic Gains before Covid, but This Progress Can Be Lost

Blog02/26/2021

Before 2020, there were growing signs of increasing economic prosperity for a wide variety of income groups in America. Whether or not this prosperity survives covid lockdowns and ever higher levels of government regulations remains to be seen.

The Dangers Lurking behind a Digital Euro

Blog02/26/2021

As soon as cash has been pushed back or stripped away entirely, monetary policymakers can implement an uninhibited negative interest rate policy to devalue debt. Customers can no longer get out of the “bank balance sheet”; the final escape door is then locked. 

Japan's Well-Fed Zombie Corporations

A growing number of fragile and deeply indebted enterprises have become more dependent on government bailouts, loans, subsidies, short-time working benefits, and loans from central banks. 

Property Rights and the Pollution Problem

02/25/2021Friday Philosophy

At what point does a "trivial" violation of property rights become a major problem? There is not an easy answer.

The PRO Act Is Not Just a Union Handout—It's an Assault on the Freedom of Association Itself

Blog02/25/2021

The bill’s supporters may talk about how it will give workers the ability to choose to organize at work, but much like the mafia, this bill will ensure that the choice to unionize is one that workers can’t refuse.

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