Monthly Archive: February 2023
Saint Augustine, Proto-Austrian
One of the fundamental tenets of Austrian economics is the ordinal value scale. Augustine articulated the idea more than a thousand years before Carl Menger wrote his pathbreaking Principles of Economics.
Original Article: "Saint Augustine, Proto-Austrian"
This Audio Mises Wire is generously sponsored by Christopher Condon.
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Secession Is Inevitable. It’s about When, Not If
Never is a very, very long time in politics. Yet whenever the topic of secession or so-called national divorce comes up, how often do we hear that “secession will never happen.” It’s difficult to tell if people using the term “never” actually mean it. If they mean “not in the next ten or twenty years,” that’s plausible. But if they truly mean “not in the next 100 (or more) years,” it’s clear they’re working on the level of absolutely pure,...
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Readying the War State: Biden Recommits to Protectionism in the SOTU
As it always does, the State of the Union (SOTU) address dominated the media cycle for several days before and after. Now that the period has (gratefully) passed, and the issues raised have faded from the headlines into the background, it is worth taking a look at some of the policies that featured heavily in Biden’s speech, and which have reemerged to become so vogue among both Democrats and Republicans.
Specifically, protectionism.
Indeed, with...
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Steven Blustein: A New Structure Of Production—The Plug-in Entrepreneurial Network
A lot economic thinking about the structure of production and entrepreneurs’ challenges in the assembly of resources can be revised in the 21st Century. There are networks of value-driving resources already assembled, connected and operating, into which entrepreneurs can plug their business ideas. We talked to the CEO of one of the leading networks for insights into how it works.
Knowledge Capsule
Entrepreneurs are rethinking and...
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Remember the Alamo! Moses Rose’s Last Stand
In the name of "economic development," San Antonio's government is seeking to seize a thriving business near the Alamo.
Original Article: "Remember the Alamo! Moses Rose's Last Stand"
This Audio Mises Wire is generously sponsored by Christopher Condon.
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The New Racism of the Elect
A new movement is emerging on the left. This movement sells guilt and self-flagellation and calls it antiracism. Its leaders present themselves as the absolute authority on race relations and claim that being a good white person means following their instructions. But when it comes to racism, “the elect” (to borrow Columbia University linguistics professor John McWhorter’s term for members of this movement) misdiagnose the problem and posit...
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Potential Brexit Breakthrough Helps Sterling, while France and Spain Report Stronger Price Pressures
Overview: There are two important developments. First,
the stronger than expected February inflation reports from France and Spain
have sparked a jump in European interest rates and the swaps market is
beginning to price in a 4% terminal rate by the European Central Bank. The
deposit rate is now at 2.50% and is widely expected to rise to 3.0% in the
middle of next month. Second, a tentative agreement to resolve the dispute over
the Northern Ireland...
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Capitalism Has Improved Life in India, but the Spirit of Collectivism Still Dominates
In 1991, India's political leaders moved away from socialism, embracing markets and improving the economy. But Indian elites continue to push socialism to the detriment of the people.
Original Article: "Capitalism Has Improved Life in India, but the Spirit of Collectivism Still Dominates"
This Audio Mises Wire is generously sponsored by Christopher Condon.
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Roald Dahl and James Bond Books Are Getting Woke Rewrites. Copyright Law Ensures You Can’t Stop Them.
The estate of Roald Dahl this month announced that it would be rewriting many of the long-dead author’s books to better suit a “modern” audience. Translation: The books will be rewritten so the text is more in line with the editors’ notions of politically correct language.
As a parent of four children, I’ve read my share of Roald Dahl books over the years, although I wouldn’t consider myself an especially big fan. Yet it’s hard to imagine what is...
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Loss of Religious Belief Is a Greater Loss for a Civilized Society
There has been a noticeable decline in the percentage of Americans identifying as religious. Some perceive this seismic shift as evidence of a secularizing culture. In some quarters, the secularization of America is viewed favorably as an agent of modernization. But researchers are theorizing that the erosion of religious beliefs portends negative consequences for society because religion cultivates meaningful social relationships by nurturing a...
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Covid-19: Will the Political and Health Scandals Erupt into the Public Light?
Three years after the covid virus hit the world, we are just starting to take a hard look at the damage caused by the covid restrictions. The "experts" not only were wrong; they were scandalously wrong.
Original Article: "Covid-19: Will the Political and Health Scandals Erupt into the Public Light?"
This Audio Mises Wire is generously sponsored by Christopher Condon.
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Is Democracy under Attack in Canada? No, but It Should Be
When the legacy media tells you that democracy is under attack in Canada, don’t believe it. Democracy is alive and well, working exactly as it was designed to work, which is to benefit the political class and their friends at the expense of average citizens who still believe that their vote actually means something. This is consistent with how democracy works in most democratic countries. Professors Martin Gilens and Benjamin Page tell us:
The...
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Markets Catch Collective Breath
Overview: After last week's flurry of activity that saw the US
dollar extend its recovery, it has begun off the new week largely consolidating
in relatively narrow ranges. The Australian and New Zealand dollar's remains
softer, and the Swiss franc is virtually flat, but the other G10 currencies,
led by sterling are posting small gains. A break-through on the Northern
Ireland protocol, which has been rumored for a more than a week may be
announced...
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Switzerland: Still a bright beacon of freedom
Switzerland’s long-standing and well-deserved reputation as one of the last bastions of individual and financial liberty has been recently vindicated and reaffirmed. It was a much-needed boost of confidence for Swiss citizens like myself who had come to worry over the last years whether the governmental trespasses of our neighboring nations and the way they rule their people might one day come to influence or even corrupt our own system of...
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Which brokerage account is best for beginners in Singapore?
Are you looking to invest in Singapore but feeling overwhelmed by all the different options? Finding the correct brokerage account can be challenging, especially if you are not an experienced investor. That's why we've broken down some of the top-rated brokers in Singapore, explaining the pros and cons each offers so you can choose which online trading platform is best for your needs.
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