If US states are able to act independently, there is a greater chance for competition between jurisdictions, incentivizing states to provide a higher quality of life and to attract productive newcomers.
An additional—and quick—$1 trillion spending boost in energy-intensive and material consuming industries is likely to create new problems in terms of inflation and supply shortages.
Our largest skyscrapers exist no longer physically, but in a world of ones and zeroes. The most groundbreaking technology projects springing from malinvestment may be digital the next time around.
Ideas matter, but they matter when and because they are put into practice. We're seeing rising romanticism around central planning so we're going to have to refight the socialist calculation debate all over again.
Lincoln thought the possibility of secession gave minorities too much power. The solution for him was for the majority to coerce the minority, negating, through force, the minority’s withdrawal of its consent.
What would the effect of a 100 percent vaccination rate be on the virus? Contrary to claims, the virus will not disappear. The next outbreak would occur within a year with 100 percent breakthrough cases with a vaccine-resistant strain.
It never ends well: to clean up mountains of bad debts, the Chinese regime has employed debt-for-equity schemes that could leave countless ordinary investors in deep trouble.
The Mises Institute stands for an old-fashioned ideal: the value of freedom and the power of good ideas to change the world. Please help.
The Nigerian central bank uses all the same tools as other central banks. And it uses them a lot.
Pursuing one’s dreams without a degree requires more self-discipline than serving four years on campus. One of Nietzsche’s best lines offers a warning: “He who cannot obey himself will be commanded.”
