The Austrian - 2023 V-09 I-05
Easy Money Undermines Social Mobility by Karl-Friedrich Israel
How Government Meddling Makes Us Poorer by Per Bylund
Book Reviews by David Gordon
News From the Mises Institute
Easy Money Undermines Social Mobility by Karl-Friedrich Israel
How Government Meddling Makes Us Poorer by Per Bylund
Book Reviews by David Gordon
News From the Mises Institute
While philosophy is a discipline that has been hijacked by the Left, once in a while a philosopher comes along and surprises us.
When covid restrictions were at their tightest, many people died alone in ICUs, as friends and family were kept away in the name of "public health." A more accurate assessment of the policy is to call it barbaric.
Compared to how most other people in the world live, Americans have a high standard of living. And despite the talk about inequality, there is more economic and social mobility here than anyplace else.
Because California’s government has hamstrung electricity producers in the state, its legislature now wants EVs to be “bidirectional,” that is, to put power from their batteries back into the grid.
As the economy slowly deteriorates, consumer debt rises. In the meantime, the Fed is pushing up interest rates to deal with the inflation it caused. This does not end well.
The ruling classes have determined that crimes are political in nature. Thus, Donald Trump faces criminal charges while actual crimes by other presidents go uncharged and unpunished.
Free trade has its enemies on the left and the right. However, despite the supposed “sophistication” of their antitrade arguments, when we break them down, those arguments really are sophistry.
Marxists and leftist progressives have falsely tried to label anything associated with capitalism and free markets as "fascism." The same goes for political decentralization.
While F.A. Hayek is known for his term “spontaneous order,” Mises saw institutional development as coming from growth in human understanding of things.