Category Archive: 6b.) Mises.org

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There Is No Moral Right to Strike

2023-06-08

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2023-06-08

American law protects what is called the "right to strike." However, Leonard Read found no moral code that permits such action. Original Article: "There Is No Moral Right to Strike"

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Lies, Damned Lies, and Government Statistics

2023-06-08

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2023-06-08

On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop discuss the role statistics play in promoting the regime. Topics include some interesting differences in recently reported unemployment data, changes to inflation reporting over time, government withholding of various reports — including crime and money supply measures — as well as alternative measures Austrians use to better cut through state propaganda. [embedded content] New...

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The Feds Escalate the War on Crypto

2023-06-08

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2023-06-08

On this episode of Good Money with Tho Bishop, Jeffrey Kauffman joins the show to discuss recent attacks from the SEC on major crypto exchanges. Kauffman, CEO of LBRY and content platform Odysee, shares his own company's battle with the SEC, the impossible burdens regulators have placed on legal compliance, and why DC's Operation Chokepoint 2.0 could be a positive for the industry in the long run. Good Money listeners can order a special $5 book...

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A Great Man Cannot Salvage a Bad Idea

2023-06-08

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2023-06-08

When E.F. Hutton talks, people listen. —1970s TV commercial Imagine if your surname was synonymous with genius. And not just genius, but creative genius. Is there anything you could write or say that could be seriously challenged? Among your colleagues, certainly. Science is never closed, always debated, always contingent on certain postulates. But the lay public is apt to regard you as infallible. Such has been the fate of Albert Einstein who...

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The Woke Cartel and Twitter’s New CEO

2023-06-08

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2023-06-08

With the appointment of Linda Yaccarino as Twitter's new CEO, Elon Musk is trying to appease woke advertisers to bring up his company's revenues. This will not end well. Original Article: "The Woke Cartel and Twitter's New CEO"

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To Avarice No Sanction

2023-06-08

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2023-06-08

“No point in the field of political economy merits more thought and analysis than where to draw the line distinguishing the functions proper to government from the role assumed by all-out government—socialism. A good society is but a dream unless this issue be reasonably resolved.” This is how Leonard Read opened chapter 9, “To Avarice No Sanction,” in his 1972 book, To Free or Freeze: That Is the Question. While he addressed that question from...

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The Drug War: An Irrational Crusade

2023-06-07

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2023-06-07

The drug war of the last half century has incarcerated millions and created havoc. What it hasn't done is eliminate people using drugs without government permission. Original Article: "The Drug War: An Irrational Crusade"

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Technology Is Meaningless without Entrepreneurship

2023-06-07

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2023-06-07

Technocrats frequently pressure the US government to increase R and D as a strategy to upstage China. The assumption is that public R and D will lead to innovation and economic growth because research generates the science that spurs innovation. Yet the formula is mistaken, for history has shown that science often lags technology. Innovations prior to the advent of modern science in Europe occurred without crucial advancements in scientific...

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Committing Domestic Violence against Men . . . Just for a Giggle

2023-06-07

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2023-06-07

Domestic violence is a stain on society, but it is worse if we only care about violence committed against people of one sex. Original Article: "Committing Domestic Violence against Men . . . Just for a Giggle"

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The Saudi-China-Iran Partnership Creates a New Middle East

2023-06-07

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2023-06-07

Ryan and Zack look at how China, Iran, and Saudi Arabia are reshaping the Middle East into a region where the United States no longer dominates. This is a good thing for ordinary Americans. Additional Resources "Thanks to Sanctions, the US Is Losing Its Grip on the Middle East" by Ryan McMaken: Mises.org/WES_11_A "The Petrodollar-Saudi Axis Is Why Washington Hates Iran" by Gary Richied: Mises.org/WES_11_B "Peace is...

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Econometric Models Cannot Fulfill the Role of an Economics Laboratory

2023-06-07

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2023-06-07

Many economists believe that economics must emulate the physical sciences with controlled experiments to be credible. Econometric models, they claim, can fulfill the role of laboratory experiments. Through mathematical and statistical methods, an economist supposedly establishes relationships between various economic variables. For example, personal consumer outlays are related to personal disposable income and the interest rates, while capital...

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How Capitalism Redefined Masculine Virtue

2023-06-07

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2023-06-07

One of the main fronts in the current culture war in the United States is the debate over "masculinity." Certain corners of the Left tell us that "toxic masculinity" is a terrible thing. Yet, it's often unclear whether masculinity is itself necessarily toxic, or if toxic masculinity is just one type of masculinity. How masculinity is defined is essential to the debate, and every pundit wants to define it his or her own way....

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Thanks to Sanctions, the US Is Losing Its Grip on the Middle East

2023-06-06

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2023-06-06

While the US ratchets up efforts to isolate its many enemies, the Chinese, the Saudis, the Arab League, and OPEC all shrug and look to increasing international communication and trade. Original Article: "Thanks to Sanctions, the US Is Losing Its Grip on the Middle East"

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Environmentalism and the Immoral Low Ground

2023-06-06

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2023-06-06

Last month, the Biden administration’s Environmental Protection Agency proposed new power plant regulations that would put harsh limits on the amount of carbon dioxide released while producing electricity. This comes from the same administration pushing to electrify all parts of daily life, from driving to cooking. As if slamming the power grid with artificial demand is not enough, now the federal government has also set its sights on electricity...

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Living by a Premise

2023-06-06

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2023-06-06

More than forty years ago, Leonard Read urged graduates of Hillsdale College to find a premise, a belief in a universal idea of liberty. Original Article: "Living by a Premise"

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Energy and Economic Efficiency: The Market versus the Politicization of Our Energy Futures

2023-06-05

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2023-06-05

Radical environmentalists have convinced people that we are doomed if we continue to use fossil fuels. We are doomed if we stop using them. Original Article: "Energy and Economic Efficiency: The Market versus the Politicization of Our Energy Futures"

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Rise of the Effete Authoritarians

2023-06-05

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2023-06-05

Here in the West, particularly in countries such as the United States and Canada, we have experienced radical political and cultural changes over the past several years, and the pace of these changes seems to have accelerated since 2020. In the minds of many, there is an almost palpable feeling that a switch has been thrown and that the relationship between citizens and the state has been permanently altered. Perhaps the most salient revelation in...

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The Five Stages of Bank Failure Grief

2023-06-04

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2023-06-04

We are familiar with the five stages of grief. However, it is not a stretch to apply those stages to what is happening to the banking system. Right now, we are in the second stage: anger. Original Article: "The Five Stages of Bank Failure Grief"

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Crowding Out: The Fed May Be Killing the Private Sector to Save the Government

2023-06-03

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2023-06-03

A "soft landing" is impossible unless the government cuts both taxes and government spending at the same time interest rates are rising. This won't happen, so get ready for a hard landing.  Original Article: "Crowding Out: The Fed May Be Killing the Private Sector to Save the Government"

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Bank of England Economist: Britons Need to Accept That They’re Poorer

2023-06-03

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2023-06-03

Although the Bank of England is largely responsible for inflation in the UK, its leaders blame British consumers and workers for the price increases. Original Article: "Bank of England Economist: Britons Need to Accept That They’re Poorer"

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