Contra Keynesians, who believe that government spending and bureaucracy are the keys to economic growth, it is the bureaucratic state that swallows resources and stifles entrepreneurs. The more powerful the bureaucracy, the lower the standard of living.
State-sponsored fiat money has been the norm for more than ninety years, but its very instability makes it vulnerable to a regime of sound money.
Socialism does not infect our body politic just through economic measures. The current obessession with implementing DEI policies has all of the hallmarks of how socialist measures undermine a private property order.
Oil prices have weakened in recent weeks despite the war in Gaza and rising geopolitical risk. This points to overall economic contraction.
The endless bubble economy has a new lending craze: loans backed by AI chips. The problem is that while the chips serve as collateral, companies right now cannot make enough revenue to cover their costs.
The failure of mainstream economics to teach real economics, as opposed to contrived “models” of market failure and central macroeconomic planning, is why Mises University has been so successful and so helpful in the war of ideas and the battle for freedom.
In order to vastly expand the regulatory state, the Biden administration is using fake cost-benefit ratios to make its regulations seem less costly and more beneficial. This is clearly fraudulent, but no bureaucrat will be charged with any crimes.
Federal judges seem never to have heard of the American Revolution, fought to overthrow these very ideas of "sovereignty," which these judges now proclaim.
While our political “leaders” insist that the government is “protecting” us, it offers the same kind of “protection” that mobsters offer: pay us to “protect” you, or we burn down your place with you in it.
Long before government mandates and pressure infected businesses and universities with the DEI virus, Ludwig von Mises explained how bureaucracies infect the decision-making process.
