Japan’s Well-Fed Zombie Corporations
A growing number of fragile and deeply indebted enterprises have become more dependent on government bailouts, loans, subsidies, short-time working benefits, and loans from central banks.
Mises Wire
Why Dominion’s Defamation Lawsuits Are Garbage
Dominion Voting Systems is a private company in name only. It is a de facto government agency which gets its revenue through taxpayer exploitation. As such, it should be considered ineligible to sue anyone for defamation.
When Is Short Selling Fraudulent?
Shorting more than the total outstanding shares isn’t perverse or fraudulent, whereas naked short selling—depending on the context—might be.
The Greatest Thing the Roman Empire Ever Did Was Go Away
Scheidel contends that the fall of Rome precipitated the kind of competition-driven innovation that made modernity possible in the first place. Rome’s greatest gift to posterity is that, in disappearing, it made room for the West to rise.
Why “Stakeholder Capitalism” Is a Disaster for Entrepreneurs
The driving force behind the stakeholder capitalism philosophy is precisely that it creates opportunities for political actors to assert disproportionate control over the economy’s resources.
No, Drops in Money Velocity Don’t Offset Money Printing
According to popular thinking, the sharp decline in money velocity since June 2008 is likely to neutralize recent strong money supply increases’ effect on price inflation ahead. This is a fallacy.
India’s Farming Reform: A Lesson in Interest Group Politics
If Punjabi farmers had been portrayed as affluent, the media would view them as greedy entrepreneurs. But leveraging the political capital of perceived powerlessness has allowed them to obscure their true status as rent seekers.
The Economics and Ethics of Government Default, Part I
What would it mean for the economy if by one fell swoop not just the debt owed to the central bank, but all of it disappeared?
Almost a Year Later, There’s Still No Evidence Showing Governments Can Control the Spread of Covid-19
The covid lockdowners still have no explanation for why California and Florida—with such different covid policies—have similar covid death rates. The White House's spokesman on the matter could only say it's "just a little beyond our explanation.”
“Weapons of Mass Destruction”: The Last Refuge of the Global Interventionist
The threat of “nuclear proliferation” remains one of the great catch-all reasons—the other being “humanitarian” intervention—given for why the US regime and its allies ought to be given unlimited power to invade foreign states and impose sanctions at any given time.
