Digitization Fueled by Easy Money and Covid Lockdowns Is a Form of Malinvestment
Central banks were already fueling artificial bubble growth and malinvestment in tech firms. Then the lockdowns sped up the trend even more.
Central banks were already fueling artificial bubble growth and malinvestment in tech firms. Then the lockdowns sped up the trend even more.
The brutal rejection of capitalism in favor of socialism by African politicians at independence was largely due to a deep-seated misconception that equates capitalism to colonialism.
The fact that some Americans supported slavery in the eighteenth century is not at all remarkable. Most of the world agreed with them. What is remarkable is that many of them sought to abolish slavery in the new republic.
The fact that some Americans supported slavery in the eighteenth century is not at all remarkable. Most of the world agreed with them. What is remarkable is that many of them sought to abolish slavery in the new republic.
GMU economics professor Chris Coyne explains how US militarism abroad ends up violating civil liberties on the home front. They also discuss the contributions of James Buchanan that should interest Austrian economists.
Historical revisionism is the process of unmasking government excuses for the state's many crimes.
Mises in 1944: "The German and the Russian systems of socialism have in common the fact that the government has full control of the means of production."
Historically, Europeans had few qualms about conquering and enslaving other Europeans. This presents some problems for the narrative claiming that injustices committed by Europeans are motivated primarily by racism.
In ancient Athens, “the individual was much more subservient to the supremacy of the social body...than he is in any of the free states of Europe today.”