Nonmeasure for Nonmeasure
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.
Mises Wire
The Fear of Mass Unemployment Due to Artificial Intelligence and Robotics Is Unfounded
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.
Reparations Are a Statist Cudgel for Bludgeoning Property Owners
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.
Libertarian Law by Democratic Means: Utilitarianism and the Demythologization of Authority
Mises saw essentialist values as fallacies because they were unverifiable and saw metaphysical ideas as a key component of authoritarianism. His solution was utilitarianism.
Silicon Valley Bank and the Failure of Fractional Reserve Banking
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.
To Prevent Future Busts, Rothbard’s America’s Great Depression Must Be Reckoned With
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.
Murray Rothbard’s America’s Great Depression and Its Importance Today
Rothbard’s America’s Great Depression is the essential book to read for those wanting to understand the economic issues we face today.
What Have We Learned? Lessons from America’s Great Depression?
“America’s Great Depression” serves as a reminder that a brighter future where these missteps are recognized and no longer pursued, is in fact possible.
Looming Bank Failures Point to More Price Inflation as Real Wages Fall Again
Even if Powell is sincere in this stated desire to slay inflation with more rate hikes, recent bank failures will put the Fed under enormous pressure to end its rate hikes and to once again embrace easy money to save the banks and Wall Street.
The Theory and Practice of Conspiracy
Collusion was a way of life with state-chartered enterprises. Little has changed, as firms with political connections still gain profits from their collusion with the state.
