Since the inception of the NDA Government in 2014, India’s right-wing has consistently performed well across all sectors of society. Both print and electronic media have been significantly influenced by this ideology. The bureaucracy and academia have, to some extent, either shifted their political leanings or have begun to accept ideologies they previously rejected. This trend is not confined to India alone; it has also been observed in Europe and the Americas.

The boundaries of contemporary public debate are artificially constrained by egalitarian values. Both progressive liberals and classical liberals are opposed to the more-outlandish versions of wokery, but many consider egalitarianism to be a good idea in principle as long as it is not taken “too far” by communist ideologues.

Utah Governor Spencer Cox has signed legislation explicitly empowering the state treasurer to protect state funds with an allocation to physical gold and silver.

Sponsored by Rep. Ken Ivory, House Bill 348 permits – but does not require – the Treasurer to hold up to 10 percent of certain state reserve accounts in physical gold and silver to help secure state assets against the risks of inflation and financial turmoil and/or to achieve capital gains as measured in Federal Reserve Notes.

Some economists believe that the increase in the minimum wage will boost unemployment, while other economists think otherwise. Hence, they believe that raising the minimum wage would raise the living standards of workers.

Suppose you bring a fur coat to a dry cleaner and later discover that the owner allowed his wife to wear it before cleaning it (an episode from Seinfeld). Or suppose you gave your car keys to a hotel valet and was told he lent your car to teenagers who took it for a joyride while you were sleeping at the hotel. You would not be too happy and for good reason. When you surrendered your clothes or your car keys, it was a bailment. You retained ownership and gave the clothes or car keys for safekeeping.

Followers of the Austrian school of economics know that the term inflation refers to increasing the quantity of money or money substitutes. The result being a rise in the price of goods and services or a fall in the value of money. But, in the modern era, this rise in prices is called inflation and as Ludwig von Mises wrote, “This semantic innovation is by no means harmless.” The semantic change has people looking everywhere but where they should to blame for higher prices.

If we look long enough and hard enough, we might find an example of something in the US is not by the state, of the state and for the state.  But it’s becoming more difficult.

Abundance, Generosity, and the State: An Inquiry into Economic Principles
by Jörg Guido Hülsmann
Ludwig von Mises Institute, 2024; 452 pp.

It is rare to encounter a book that has the potential to reshape the way we look at economics, but Guido Hülsmann has done exactly that in Abundance, Generosity, and the State. Hülsmann is one of the leading theorists of the Austrian School, but he has always looked at issues in an original way, and that quality is manifested “abundantly” in this outstanding book.

Yeah, the other night I laid sleeping

 And I woke from a terrible dream

 So I caught up my pal Jack Daniel’s

 And his partner Jimmy Beam

 And we drank alone, yeah

 With nobody else

 Yeah, you know when I drink alone