One of the most familiar terms heard or read today is “social justice.” Ironically, “social justice” is anything but justice. It basically represents double standards, inequality, partiality, prejudice, racism, selectivity, and subjectivity. It has to be one of modernity’s cleverest and most subtle paradoxes.
The 2025 Mises University faculty are among the finest scholars of Austrian economics and libertarian political theory in the world, under the direction of Joseph Salerno.
Dr. Paul Cwik is a Fellow of the Mises Institute and Professor of Economics and Finance at the University of Mount Olive.
I recently viewed Finding the Money, a video aimed at persuading a popular audience of the putative merits of Modern Monetary Theory (MMT). The video debuted this past May on several streaming platforms and theaters throughout the U.S. Whether it succeeded or not in its purpose, I will leave it for others to judge.
The market always seems to teach retail investors a lesson. Bloomberg reported leveraged ETFs such as The Direxion Daily Semiconductors Bull 3x Shares (ticker SOXL), which delivers triple the daily move of the NYSE Semiconductor Index, took in a record 1.5 billion last week, only to drop “15% Wednesday to extend a 37% loss in the past 14 days.”
The U.K. election is over. While it was in full swing, I happened to find myself watching an interview of party leaders from the 1959 election, and it put so much of the current political landscape into perspective.
