The eternal “climate emergency” is upon us. While doomsday is said to be around the corner, the reality is that the only thing rising is the level of government control.
Original Article: The "Climate Emergency": Fueled by 21st Century Marxism
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Are Businesses Entitled to a Fair Profit?
2023-11-23
In my experience of public policy discussions, one of the most frequent weasel words used as an intended trump (not Trump) card has been “fair.”
Like another commonly played political trump card, “need,” fairness does not have a clear meaning. That provides a great deal of wiggle room for equivocation, almost always used to justify forcing some Americans to pay for what someone else wants.
Fairness has no universal meaning beyond “more for me or those I care about” or “I want, but I do not want to pay for.” I learned that decades ago from my children, who wielded the word almost exclusively to advance their narrow self-interests. For instance, when my daughter—who as the oldest had more responsibility and a bigger allowance—complained, it was because having more responsibility was “unfair”
Today Is the Best Day of the Year to Rob a Bank
2023-11-22
Depression-era bank robber Willie Sutton, when asked why he robbed banks, replied, “Because that’s where the money is.” By “money,” he meant United States currency. He never indicated how he scheduled his robberies, but some days of the year may be more profitable for bank robberies than others.
Disclaimer: Neither I nor the Mises Wire in any way endorses bank robbery, which is a federal crime.
First, here are some facts about US “folding money,” Federal Reserve notes in denominations of $1, $2, $5, $10, $20, $50, and $100. The Fed no longer issues $500, $1,000, $5,000, and $10,000 bills, but they are still legal tender and may still be in circulation.
This currency is printed by the Bureau of Engraving and Printing division of the US Treasury, then supplied to Federal Reserve banks for
Driving Up Fatalities: Why Flight Vaccine Mandates Would (Likely) Backfire
2023-11-18
During the height of the covid-19 pandemic, some politicians and voters advocated for covid vaccine mandates for air travel. And while this proposal has some intuitive pull, there are likely tradeoffs here that could result in more deaths overall as a by-product of increasing the cost and trouble of air travel, incentivizing travelers to choose another form of travel: driving. And since driving is more dangerous, flight vaccine mandates would (likely) backfire.
When increasing the cost of a good or service, the substitution effect is salient. A change in the price of a good or service affects the consumption of that good or service and that of comparable goods and services. A flight vaccine mandate would increase the cost of flying, at the margin, for many: it requires time and effort,
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