Tag Archive: Featured
Looking Back at the Crossroads: Liberty or Socialism
Ludwig von Mises begins his book Bureaucracy by declaring that the main issue facing the West in his time was whether man should surrender his liberty to the “gigantic apparatus of compulsion and coercion, the socialist state.” He rephrases: “Should [man] be deprived of his most precious privilege to choose means and ends and to shape his own life?”This question is imminently pressing in the modern day as well, save that we in the West, eight...
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New Video: A Lecture on State Militias and the Second Amendment
Power & Market offers a contrarian take on world events. We favor individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Connect to Power & Market via Twitter and RSS.Power & Market is published CC4, unless denoted otherwise.
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Bureaucracy: Applying Mises’s Insights to Our Present Day
Human prosperity, contrary to the beliefs of those fanatically obsessed with viewing the government as a savior of humanity, is not guaranteed. For the vast majority of its existence, mankind was impoverished, only recently experiencing unprecedented levels of prosperity and flourishing. This recent state of affairs is not guaranteed to go on forever; its growth could be halted or it could regress the world back to widespread impoverishment if...
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The USDCAD chart is sloppy as the ups and downs continue.
The price of the USDCAD is trading within the cluster of MAs but above 100 and 200-day MAs.
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El GOBIERNO contra los AGRICULTORES
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The SNB surprised with a cut today. What are the chart saying for USDCHF and EURCHF now?
The USDCHF and EURCHF move higher after the surprise cut in interest rates by the SNB. What next from a technical perspective.
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Free Markets and the Antidiscrimination Principle
Tu ne cede malis, sed contra audentior ito
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No, There Is Not a Perfect Open Border System between the States
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The Great Depression and Great Depression II: Similarities, Differences
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The Folly of Rent Control in New York City (Again)
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The Economics of the AI Revolution
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Be on the Lookout for These Lies in Biden’s State of the Union Address
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Understanding the AI Revolution
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Separating Information from Disinformation: Threats from the AI Revolution
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Eilmeldung: Baerbock verliert vor Gericht!
Baerbock verliert vor Gericht gegen Unternehmer Michael Much! Ein Sieg für die Meinungsfreiheit!
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How Will the Fed Rate Announcement Affect You?
Markets respond to the Fed rate announcement, indicating at least three rate cuts this year, the first one coming as soon as June. Danny & Jonathan discuss Bond behaviors in the aftermath and investor response to the Fed rate announcement. Changes to the Child Tax Credit for 2024 (it's not a deduction, but a credit against the tax you owe); caveat: It's not indexed for inflation. What about using insurance products as an investing tool. Danny...
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A Tale of Two Bureaucracies
Ludwig von Mises is known for his theory of the business cycle and his development of praxeology, but he is best known for discrediting socialism. This critique is found in Economic Calculation in the Socialist Commonwealth (Mises 1990) and Socialism: An Economic and Sociological Analysis (Mises 1951). In a similar vein is a work written near the end of the Second World War: Bureaucracy (Mises 1944). Mises observed shifts away from the market...
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Bureaucracy and Grove City College: How One College Resisted the Bureaucratization of Higher Education
In the last section of his Bureaucracy, Ludwig von Mises laments the loss of the “critical sense” that protected people from authoritarianism (Mises 1944, 108). According to Mises, this was the fault of the bureaucratization of education, which taught students falsehoods, especially in economics (Mises 1944, 82). A prime example was the academic class in the German Empire, which formed an “intellectual bodyguard” (Mises 1944, 82) of the empire’s...
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