Ray Dalio’s Hollow Lament
Dalio played the game, by the rules of the game. Now he appears to say, "I've got mine, let's change the rules."
Mises Wire
Dear Mr. President, Security Does Not Create Development
Even though security might be a necessary condition for development, it is not a sufficient one.
Central Banks Are Heading Toward a Stagnant Global Zombie Economy
Using Japan as a model, governments are steering us toward a worldwide zombie economy — but we're likely to end up with something that looks more like Argentina than Japan.
How Capitalists — Unlike Environmentalists — Make Life Easier for the Disabled
Many products — delivered by the marketplace — that are mocked as "useless," and which environmentalists denounce as "wasteful" are essential items in the daily lives of many disabled people.
Henry Hazlitt in the Long Term
We need an Army of “Hazlitts ” today: men and women of courage and wisdom, who are unafraid to speak and write the truth.
“National Security” and other Thought-Stopping Clichés
These clichés include "taxes are the price of civilization," "national security demands it," etc.
Free Trade: A Key to a Rising Standard of Living
The right to trade with foreigners without government interference is a God-given fundamental human right, not morally subject to the whims of those who want trade wars to protect their own interests.
Elizabeth Warren’s Antitrust Crusade: A New Progressive War on Wealth
In their war on "monopolies," Progressives like Elizabeth Warren show they don't understand the history of anti-monopoly legislation, and they also don't understand that modern day "monopolies" aren't really monopolies at all.
The Deep State Campaign for War with Russia
David Gordon reviews the book War with Russia? From Putin & Ukraine to Trump & Russiagate. By Stephen F. Cohen.
Capitalism (aka Self-Ownership) Is the Only Moral Economic System
Capitalism isn't just about rich guys owning the means of production. It's about workers and everyday people also owning their own labor and their own bodies.
