What Mises Teaches Us About International Economics
[This article is Part 7 of a series.
[This article is Part 7 of a series.
Numerous Indiana elementary school teachers were shot in January as part of a “safe schools” training program. According to the Indiana State Teachers Association, sheriff deputies ordered teachers “into a room four at a time, told them to crouch down and then shot them execution-style with pellets in rapid succession,” leaving several of them bloodied and many of them screaming in terror.
“Fortunes cannot grow; someone has to increase them. For this the successful activity of an entrepreneur is needed. The capital reproduces itself, bears fruit and increases only so long as successful and lucky investment endures.” – Ludwig von Mises, Socialism, p. 340
Julian Assange was arrested last week in London, and he awaits legal proceedings designed to extradite him to the United States to be tried on hacking and espionage charges.
The US government has sought to prosecute Assange since at least 2010 when WikiLeaks released video footage of US forces murdering civilians — including two Reuters reporters — during 2007 air strikes.
The arrest of Julian Assange has produced rapturous cheering from the American political elite. Hillary Clinton declared that Assange “must answer for what he has done.” Unfortunately, Assange’s arrest will do nothing to prevent the vast majority of conniving politicians and bureaucrats from paying no price for deceiving the American public.
On Monday, Bernie Sanders released ten years of tax returns, and it turns out he’s a millionaire. Thanks especially to revenues from book royalties, Sanders is now, as CNN put it, “in the category of the super-rich.” Or, as some might say, he’s part of “the 1%.”
After years of denouncing “millionaires and billionaires” and a supposed source of America’s economic problems, this information is a little awkward for Sanders.