War for Hong Kong?
The United States has been trying to provoke China into a conflict for years. But Americans benefit far more from peace with China. We shouldn't fall for the state's latest hate campaign against foreigners.
Mises Wire
Five Ways to Improve Social Media (and the Internet)
Social media platforms are indeed private firms and can publish or edit whatever they like—subject of course to the terms of service between the platform and users who generate content.
Three Ways Lockdowns Paved the Way for These Riots
COVID lockdowns (1) threw millions out of work, (2) increased police harassment of peaceful people, (3) cut people off from key institutions that reduce social conflict. This made a volatile situation far worse.
New York: The Corona Crisis Shows the Benefits of Localism Yet Again
COVID-19 is not really a "national" issue. It has affected different areas in very different ways.
There’s No End in Sight to the Zombie Economy
Put simply, if it were not for accommodative monetary policy, these firms would have otherwise shut down by now. Once again, the Fed is refusing to allow the invisible hand to rein in the excess for fear of a liquidity crisis, credit crunch, and worse.
Why Socialists Love the Phrase “It’s Not Real Socialism”
A big reason that socialist ideology has staying power is the tactic of blaming the many failures and disasters of socialist regimes on the alleged fact the regimes "aren't real socialism."
Michael Flynn, Lori Loughlin, and the Permanent Culture of Prosecutorial Abuse
It’s important to call the government and media on this unholy alliance, whether you view their targets as sympathetic or not. If we stay silent when they come for our enemies, they will ultimately come for us.
Defining “Inflation” Correctly
The real problem with inflation, properly understood is that it is essentially a wealth transfer away from the most productive parts of the economy. This causes bubbles and economic fragility.
An L-Shaped Recovery Is Not an Anomaly, It Is the Norm.
The massive bailout of indebted sectors that already had overcapacity and were in process of obsolescence may also drive the largest wave of malinvestment in decades. If the previous recoveries came with poor wage and capital expenditure growth and high debt, the next one will likely be even worse.
Two Analogies for the Economy That the Media Keeps Getting Wrong
Ultimately, we need not rely on the government (i.e., the “king’s men” putting Humpty-Dumpty back together again). People acting freely in a marketplace could do it all by themselves. If only the government would let them.
