India has the longest history of affirmative action programs in the world and they have become the center of heated controversy between two clashing viewpoints.
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Category Archive: 6b.) Mises.org
The Tragedy of War
There are no “good wars,” rather, there are wars with varying degrees of destructiveness. The American War Between the States was especially destructive, and the scars have not fully healed 160 years after it ended.
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Wealth Generation and the Market Economy
A free market economy does not generate jobs or money. Instead, it creates wealth through exchange and production. Government intervention, contrary to what mainstream economists believe, does not enhance wealth, but instead destroys it.
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The Salem Witch Tariffs: How Economic Witch Hunts Undermine Liberty
As the progressive left and the anti-trade right merge their arguments, the current political atmosphere is quickly turning into a witch hunt. Unfortunately, we know that these situations don't end well.
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The Classical Liberals Were Radical Opponents of War and Militarism
Extolling peace has characterized the classical liberal movement from the eighteenth century, at least from Turgot, on through the nineteenth century to Ludwig von Mises.
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The Dehumanizing Nature of Tariffs
Any government deploying this so-called policy tool is trespassing upon property rights. As a result, human beings are in a word: dehumanized.
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Explaining the Quirks in the GDP Report
Bob Murphy digs into the latest GDP numbers, questions Peter St. Onge’s optimistic spin, and shows what the data really says about tariffs, trade, and recession fears.
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Jordan Peterson and the Real “Dark Tetrad”
Peterson implies the “dark tetrad” is emerging on the non-interventionist right, cloaking their real intentions with conservative rhetoric. Interestingly, however, a historical parallel exists in neoconservatism, whose intellectual roots are deeply rooted in Machiavellianism.
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Wealth Generation and the Market Economy
A free market economy does not generate jobs or money. Instead, it creates wealth through exchange and production. Government intervention, contrary to what mainstream economists believe, does not enhance wealth, but instead destroys it.
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Don’t Be A Panican, But Question Government Shenanigans
Ours in an age when people panic, sometimes for good reasons but often for bad. Governments benefit from panicked citizenry, which is why we always should question those political decisions that can turn our lives upside down.
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Schumpeter on the Dangers of the “Tax State”
The modern state, unlike the medieval monarchy, does not merely tax to sustain itself or to defend the nation. It taxes to reshape society and to manage an increasingly restive population.
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US taxpayers are tiring of paying for the State of Israel
A Gallup survey taken in March this year found only 46% of Americans expressed support for Israel (the lowest level in 25 years of Gallup's annual tracking).
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The Top Twenty Federal Business Subsidy Receivers
These subsidies exemplify crony capitalism. The Austrian School of economics defines any subsidy as government intervention in the functioning of the economy.
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The Political Business Cycle 50 Years Later
William Nordhaus coined the term “Political Business Cycle” a half-century ago. The idea was that government authorities, particularly the central bank, would manipulate the economy to correspond with election cycles, a practice that continues to this day.
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Why Elon Musk Is Right: The Case Against Subsidizing Amtrak
Amtrak is always on the verge of reviving intercity rail traffic in the US, or at least that is what politicians want us to believe. The truth is that the case for defunding Amtrak has never been stronger.
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The Gold-Silver Ratio
Mark Thornton digs into the gold-silver ratio—its wild swings, its history, and what it might mean for investors and the world at large.
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P.T. Bauer’s Reminders on Foreign Aid
The late P.T. Bauer provided much insight into the issue of the so-called First World sending aid to Third World nations in the name of “development.” Bauer demonstrated conclusively that such donations actually impede economic growth in poor nations.
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The Spanish Blackout Is a Warning to the World
The blackout in Spain was not caused by a cyberattack but by the worst possible attack—that of politicians against their own citizens.
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Enslavement of Native Americans in the Caribbean
The transatlantic slave trade from Africa is a well-known chapter in the history of slavery in the Western Hemisphere, but much lesser known is the enslavement of Native Americans. Many of them were shipped to plantations in the Caribbean where they were worked to death.
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Truth or Consequences
This week on Friday Philosophy, Dr. David Gordon reviews The Price of Our Values by Augustin Landier and David Thesmar. While the authors claim that economists often substitute utilitarianism for moral values, they dismiss any idea of objective standards for morality.
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On Swiss National Bank
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SNB Sight Deposits: increased by 5.2 billion francs compared to the previous week
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SNB’s Chairman Schlegel: A few months of negative inflation wouldn’t be a problem
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2025-07-31 – Interim results of the Swiss National Bank as at 30 June 2025
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SNB Brings Back Zero Percent Interest Rates
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Hold-up sur l’eau potable (2/2) : la supercherie de « l’hydrogène vert ». Par Vincent Held
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