Yellow Trucking Goes Bankrupt, Thanks in Part to Onerous Labor Laws
Yellow Trucking Company has filed for bankruptcy and ceases to exist as a viable firm. Much of the blame is due to the Teamsters Union which has a long a violent history.
Mises Wire
Statism and the Unmaking of Reality
Murray Rothbard wrote that egalitarianism was a war against nature. Statism has become a war against reality.
The Simplicity and Significance of Mutual Economic Exchange
The simplest action of economics—beneficially mutual voluntary exchange—is also its most profound. People serve each other while improving their own lot in life.
Has World War III Already Begun?
The recent actions of the Federal Reserve are reminiscent of central bank activities in wartime.
2SLGBTQ+IA and the Law
The activists went from "We want to be left alone to live our lives" to "we want to control your lives too." Now the movement has state power on its side and bullies all opponents.
What Will It Take for Cryptocurrencies to Become Full-Fledged Money?
The potential for denationalized money is real and important. But progress still must be made before cryptocurrencies can become true substitutes for fiat currencies.
Socialism Cannot Work, Not Even in an AI-Driven Economy
Some are claiming that AI can make socialism workable, but even AI cannot take the place of entrepreneurial economic calculation.
Even in Slave Economies, the Division of Labor Was Inescapable
Even under chattel slavery, inequality was still pervasive. Carpenters, sugar boilers, blacksmiths, cabinetmakers, and rum distillers constituted an elite core of slaves.
What Marxists Say about “Market Socialism”
Following the collapse of the USSR, many socialists pinned their hopes upon the development of a "market socialism" that would be economically efficient and create equality. Marxist philosopher G.A. Cohen wisely dissented.
Mises U Students Interview Some of Their Favorite Faculty Members
Mises U students interview Karl-Friedrich Israel and Tate Fegley.
