virus, China moved in the opposite direction and doubled down on its zero-covid policy . Other countries, such as Australia and New Zealand , gave up on similar in particular to small and medium-sized enterprises, green projects, technological innovation, and infrastructure. This policy is increasing China’s already high debt
is often trotted out as a classic case showing the importance of having the innovation-incentives of a patent system in place. The following post from Greg the history, which has been pretty well laid out by William Kingston (Research Policy 29 (2000): 679-710) and Peter Neushul (Journal of the History of Medicine and
and cost oversight. Imagine that insurance companies are forced to issue these new policies to drivers with “pre-existing conditions” such as extensive records of the self-employed). Some policymakers have even suggested limiting technological innovation in health care as a cost-cutting measure. But just imagine any other is built on powerful rent-seeking special interests, so too is the derived health-policy, health-consulting industry surrounding it. These industries, which would not
public scrutiny as the minimum requirement for any study that is used to justify policy, from lockdowns to carbon taxes to whatever comes next. These studies must be not just licensed “experts.” Whether we are faced with a new crisis, a new policyinnovation, or simply designing a better mousetrap, groupthink and censorship
prices down. In contrast to the widespread notion of most of the public and most policy commentators, it is not at all clear that patents are essential to drug innovation. Even where new drugs could be reverse-engineered and copied, innovation
at last began taking its blunders seriously. On February 29, it loosened its EUA policy, allowing all labs that were certified to perform high-complexity testing of swabs at a much quicker pace. Turnaround time has been another area of frequent innovation: Abbott Laboratories released a test at the end of March that can give
at our Austrian Economics Research Conference, Hastings outlined how technological innovation is already making centralized “designed” systems obsolete, and how McMaken Mises Contra Marx by David Gordon 7 Steps Toward a More Sensible Foreign Policy by Patrick Barron Economic Wisdom From Harvard by Hunter Lewis How Central
of Annapolis. Killing the Elderly Secrecy and hypocrisy have permeated covid policies across the nation. Maryland is busy hiring a thousand “contact tracers” to nursing homes to accept covid patients, will have no legal culpability for a policy that contributed to more than five thousand nursing home deaths in his state. had been detected in America, the Food and Drug Administration continued blocking innovative private testing. The FDA forced the nation’s most innovative firms to
Who should I invite to my party? What are the effects of expansionary monetary policy on employment, prices, incomes, production, consumption, and borrowing? How nutrition (and that saturated and animal fats are to be avoided). Many government policies and public school food offerings were based on this recommendation, natural resources and farmable land. Certainly scientific and technological innovations played a major role. But my questions for Neil deGrasse Tyson are these:
and Leonard’s own survey of the topic here ). Yet although the rhetoric of public policy has changed since the heyday of eugenics a century ago, economic policies with eugenic implications persist almost unnoticed in the 21 st century. succeed, but it can lead society to ruin by removing free choice and the free, innovative minds that go with it: “It is impossible to rear geniuses by eugenics, to
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The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.