At the end of July 2018, the National Assembly estimated that each week six Venezuelan children die of starvation.
If a century of bloodshed, murder, vast prison systems, and starvation won’t convince the advocates of communism among American millennials, then perhaps nothing will.
Legal SystemU.S. History
Global EconomyMedia and CultureMoney and BanksStrategy
All socialist states, including democratic ones, demand obedience and conformity in their economic and cultural diktats. And there is no kind and gentle way of snuffing out resistance.
Cronyism and CorporatismLabor and WagesPoverty
The dominant immigration narrative in France ignores the importance of free trade, freedom in employment, and the importance of voluntary charity.
Bureaucracy and RegulationLabor and Wages
Profit-oriented business organizations that demand political conformity in the workplace are mimicking government agencies, and we must turn to Mises's book Bureaucracy for guidance.
Once it is understood that profits and losses evolve from the changing values of consumers, it becomes obvious that abolishing windfall profits or windfall losses is impossible.