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To succeed, entrepreneurs must demonstrate superior foresight and judgment, and practice continuous dynamic improvement in their assembly and reassembly of assets to serve the consumer.
Labor and WagesWorld History
A just scheme for reparations requires us to identify specific victims. But current calls for reparations do no such thing. Also, the British economy was not built on slavery, as some now claim.
The "experts" intend to keep locking populations down again and again until there's a vaccine. But what if there's no vaccine coming?
In the real world, an artificial boost in demand that is not supported by production leads to the destruction of a society's wealth.
Decentralization and SecessionWar and Foreign PolicyWorld History
For the foreseeable future, war between Armenia and Azerbaijan will be on the table, occasionally turning hot, just as it has in the last weeks. This conflict has no peaceful solution possible other than the one offered by Ludwig von Mises.
Does Trump not realize that if people do not get back to work, there will be no recovery at all?
Cronyism and CorporatismThe Police StateTaxes and Spending
As 20 million Americans fall into unemployment, no crisis is so big that anyone in Washington would think of cutting military spending, including dollars spent on military gear for cops.
InflationMedia and CultureSocialism
Thanks to central banks, people now believe the myth that it is possible to shut down the economy and everything will be fine if we just print a lot of new money.