Biden and congressional Democrats are seeking to turbocharge their push for a new domestic terrorism law to permit widespread federal crackdowns on their opponents. Any rigged commission would likely pour gasoline on a fire that could singe far more American rights and liberties.
Like any other piece of aggregate government data, cause-of-death data is used to justify new government interventions and policies. But there are good reasons to suspect there are many problems in compiling and auditing this data.
After centralizing political power in the presidency to a level unfathomable to most Americans, the nationalists had succeeded, and the new Constitution was ready to be sprung upon an unsuspecting country.
The Igbo ethnic group in Africa is known for entrepreneurship, economic success, and a high degree of individualism. The group's cultural background can help us understand how culture and capitalism reinforce each other.
Debt accumulation was already unsustainable prior to 2020, but the Great Lockdown has triggered an explosive increase. It may soon be reaching a point of no return for the world's major economies.
Today’s calls for a plethora of new government stimulus polices to usher in a "recovery" will only cripple efforts by investors and entrepreneurs to get the global economy back on track.
Government jobs may help reduce the official unemployment rate, but they actually damage the economy. After all, most government workers are employed in the business of redistributing wealth and regulating private property.
Mises argues that the nation has a fundamental and relatively permanent being independent of the transient state (or states) which may govern it at any given time. Thus he refers to the nation as “an organic entity [which] can be neither increased nor reduced by changes in states.”
"Efficiency" has largely been demoted from a useful term of analysis and insight to little more than another warning that the government is about to rip you off with another redistribution scheme.
Quantitative methods are indeed useful and enlightening in the fields of economic history and descriptive economics. For Mises, however, these fields do not fall within the field of economics, narrowly understood.
