Category Archive: 6b) Austrian Economics

Javier Milei Understands the Road to Serfdom

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What Can We Learn from the Latest Pentagon Audit? Both Plenty and Not Much

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The Double-Edged Sword of School Choice

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The “New” South Africa Is Now a Newly-Failed State: Don’t Look for Things to Improve

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How Governor Whitmer Doomed Detroit Autoworkers

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Highway Robbery Continues to Be the Law of the Land

Seizure fever is toxifying law enforcement across the nation. For more than thirty years, federal, state, and local government agencies have plundered citizens on practically any harebrained accusation or pretext. You could be at risk of being pilfered by officialdom anytime you sit behind a steering wheel. Between 2001 and 2014, lawmen seized more than $2.5 billion in cash from sixty thousand travelers on the nation’s highways—with no criminal...

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Who Hijacked Our Free Will?

Imagine someone giving a State of the World address that begins with a reminder that people possess free will and ought to be doing a better job of exercising it. This could possibly raise doubts about the speaker’s mental stability—at least until the talk went into the dark details of civilization’s condition.If the state of the world reflects the choices people make, and if those choices are autonomous, originating from within the minds of...

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Is Taiwan a De Facto Sovereign Nation or a Province of the PRC?

Tu ne cede malis, sed contra audentior ito Website powered by Mises Institute donors Mises Institute is a tax-exempt 501(c)(3) nonprofit organization. Contributions are tax-deductible to the full extent the law allows. Tax ID# 52-1263436

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After Trump, Then What?

Tu ne cede malis, sed contra audentior ito Website powered by Mises Institute donors Mises Institute is a tax-exempt 501(c)(3) nonprofit organization. Contributions are tax-deductible to the full extent the law allows. Tax ID# 52-1263436

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In the Aftermath of the $355 Million Ruling Against Trump, Business Owners Are Even Less Safe than Before

Willing buyer and willing seller. These five words form the very basis from which the system of capitalism is based on. You have something you want to sell and if I want to buy it then we either agree or disagree on a price. If we agree then I give you money, take the product, and walk away. And if we disagree then we move on with our days. In his book, Basic Economics, Samford Professor Thomas Sowell described the role of prices in the economy as...

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Does the Balance of Payments Determine Exchange Rates?

Tu ne cede malis, sed contra audentior ito Website powered by Mises Institute donors Mises Institute is a tax-exempt 501(c)(3) nonprofit organization. Contributions are tax-deductible to the full extent the law allows. Tax ID# 52-1263436

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Who Hijacked Our Free Will?

Imagine someone giving a State of the World address that begins with a reminder that people possess free will and ought to be doing a better job of exercising it. This could possibly raise doubts about the speaker’s mental stability—at least until the talk went into the dark details of civilization’s condition.

Read More »

The Double-Edged Sword of School Choice

School choice would seem to have benefits, but as Thomas Sowell says: “There are no solutions. There are only trade-offs.” Enthusiastic “school choice” proponents forget that with government money comes government control. Original Article: The Double-Edged Sword of School Choice

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Javier Milei Understands the Road to Serfdom

Javier Milei is trying to undo the damage created by nearly a century of socialism in Argentina. Mises, Rothbard, and Hayek were good teachers. Original Article: Javier Milei Understands the Road to Serfdom

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Does the Balance of Payments Determine Exchange Rates?

Some economists believe that the balance of payments is what determines currency exchange rates. In fact, exchange rates are always about the purchasing power of some currencies relative to others. Original Article: Does the Balance of Payments Determine Exchange Rates?

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How Governor Whitmer Doomed Detroit Autoworkers

In 2022, Michigan Gov. Gretchen Whitmer used political favors and government grants to maneuver thousands of workers into jobs producing electric trucks. But consumers aren’t interested. Original Article: How Governor Whitmer Doomed Detroit Autoworkers

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The “New” South Africa Is Now a Newly-Failed State: Don’t Look for Things to Improve

While South Africa’s political authorities pursue genocide accusations against other countries, those same leaders are destroying the nation’s economy and basic infrastructure. This is a failed state. Original Article: The "New" South Africa Is Now a Newly-Failed State: Don't Look for Things to Improve

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After Trump, Then What?

There will be life after Trump one way or another, but in the long run, it seems as though the ruling party always wins. Original Article: After Trump, Then What?

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Is Taiwan a De Facto Sovereign Nation or a Province of the PRC?

The “One-China” policy assumes Taiwan to be a runaway province. The people of Taiwan, however, see their country as sovereign, and their reasons have merit. Original Article: Is Taiwan a De Facto Sovereign Nation or a Province of the PRC?

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What Can We Learn from the Latest Pentagon Audit? Both Plenty and Not Much

Another Pentagon audit, another massive failure. But the Pentagon's problems are not just simple accounting. They reflect the reality of an unaccountable rogue empire that tries to prop up the US empire. Original Article: What Can We Learn from the Latest Pentagon Audit? Both Plenty and Not Much

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