Influencers and Subjective Value: They Have Something to Teach Us
The latest from the world of social media is the role of "influencers." There is a perfectly good economic explanation for their popularity.
The latest from the world of social media is the role of "influencers." There is a perfectly good economic explanation for their popularity.
Advocates for more military spending tell us the taxpayer must pay to expand the US's nuclear arsenal. Because of China. In truth, the US's arsenal is in no danger of not "keeping up."
Only the unhampered capitalist economy allows full and unfettered charity to flourish in society. Dr. Hülsmann’s new book makes the case for private property, sound money, and private charity as the building blocks for a healthy society.
How do people in a pluralistic society live peacefully with each other? In his review of Kenneth McIntyre's book, David Gordon points to negative liberty as the best way to preserve values.
San Francisco, as well as the government of California, is calling for millions in "reparations" for black people in that state. Reparations, unfortunately, are fast becoming another anti-property-owner racket.
Ever since the Luddites rampaged through British textile factories in the early 1800s, people have feared that technology will result in mass unemployment. They were wrong then and are wrong now.
The story of the failure of Silicon Valley Bank is the story of nearly every bank failure. Fractional reserve banking invites the risky behavior that brings down the banking system.
Mises saw essentialist values as fallacies because they were unverifiable and saw metaphysical ideas as a key component of authoritarianism. His solution was utilitarianism.
The only way the current bust and any future ones can possibly be mitigated is by following Rothbard’s explanation of the Great Depression and taking those lessons to heart, else we will be doomed to repeat the mistakes of the past.
Rothbard’s America’s Great Depression is the essential book to read for those wanting to understand the economic issues we face today.