Tag Archive: newsletter

You Know How This Happens, Right?

2026-07-22

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2026-07-22

Contemporary culture, with its fixation on careers, tends to downgrade the career of motherhood.

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Alphabet And Intel: Q2 AI Earnings Kick Off

2026-07-22

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2026-07-22

Alphabet reports earnings after today's close, and Intel follows tomorrow. Together, they provide a first clue as to whether AI-related spending and investment continue at the brisk pace of the prior quarters. Alphabet represents the demand side for AI models. Google's Cloud backlog nearly doubled sequentially last quarter to a record $462 billion, growing 63% …

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Cronyism: The Origins of the Federal Reserve

2026-07-22

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2026-07-22

The Fed was sold as a check on Wall Street's power. Wall Street's share of the nation's bank reserves went up after it passed, not down. Patrick Newman on the Federal Reserve as cronyism.

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Swiss pharma firm Sandoz takes note of proposed US tariffs on generic drugs

2026-07-22

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2026-07-22

Generic drugs giant Sandoz said on Wednesday that it had “taken note” of Washington’s announcements regarding new tariffs on this type of medication, adding that it was “still too early” to assess the implications. “At this stage, it is too early to assess the potential implications, as further details on the implementation and scope of …

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Inflation and the Family

2026-07-22

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2026-07-22

Sociologists blame job instability. Legal scholars blame deregulation. Jeffrey Degner noticed all the clues point back to the same address: the Federal Reserve.

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‘A wild west’: how one Swiss company aims to tame the botox boom

2026-07-22

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2026-07-22

Galderma, headquartered in the Swiss canton of Zug, is training thousands of doctors to administer jabs as the risk of botched procedures rises. Keywan Taghetchian, a Zurich-based doctor who trains practitioners on how to use Galderma’s treatments, asserts that “beauty is very objective”. Galderma is one of the prime beneficiaries of the normalisation of “tweakments” …

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Public Choice from an Austrian Perspective

2026-07-22

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2026-07-22

We assume people are self-interested in the market and selfless in government. Tate Fegley on why dropping that double standard explains almost everything about how the state actually behaves.

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How artificial intelligence is shaping the Swiss job market

2026-07-22

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2026-07-22

The spread of artificial intelligence (AI) in the workplace is threatening to create a two-tiered job market. AI experience is fast becoming an essential skill for hiring companies. More than CHF80 billion ($98.5 billion) of wages in Switzerland are now directly linked to workers who can exploit AI for the benefit of the companies they …

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The Austrian Theory of Economic Progress

2026-07-22

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2026-07-22

Everyone wants the one key to economic growth—capital, or technology, or trade. Shawn Ritenour argues there is no single key, and that's exactly what the models keep missing.

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From Spoiled Sons of Liberty to Surveillance Leviathan: America’s Six Republics and the Myth of Eternal Union

2026-07-21

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2026-07-21

Most Americans, unfortunately, believe that we are still living in the constitutional republic created in 1787. That was five republics ago.

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From Spoiled Sons of Liberty to Surveillance Leviathan: America’s Six Republics and the Myth of Eternal Union

2026-07-21

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2026-07-21

Most Americans, unfortunately, believe that we are still living in the constitutional republic created in 1787. That was five republics ago.

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Austrian Capital Theory

2026-07-21

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2026-07-21

When savers cut back and consumption falls, most economists cry "recession!" Paul Cwik on why an Austrian sees the opposite: an economy quietly retooling for future growth.

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Sanctuary Cities: Leave Your Ambition and Entrepreneurial Skills at the Border

2026-07-21

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2026-07-21

While many immigrants bring entrepreneurial skills, they often settle in US cities governed by leftists who are hostile to private enterprise.

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The Quiet Rise of Chinese Innovation

2026-07-21

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2026-07-21

The US government continues to drag down the economy with its reckless wars and massive debt accumulation. On the other side of the globe, China is pursuing a different path.

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Calculation and Socialism

2026-07-21

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2026-07-21

The socialist calculation problem isn't a museum piece from 1920s Moscow. It's the Bureau of Land Management, this year. Timothy Terrell on why bureaucrats are still groping in the dark.

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The Ideology Behind the American Revolution

2026-07-21

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2026-07-21

Why did so many American colonials take arms against the ruling British, even when the odds were stacked against them? Dr. Wanjiru Njoya looks into the competing ideological claims that go with analyzing the American Revolution.

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Nestlé to close Hungarian factory at end of year

2026-07-21

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2026-07-21

Swiss food manufacturer Nestlé plans to close a Hungarian factory specialising in the production of hollow chocolate figures, such as those sold at Christmas or Easter. This type of confectionery, which is also sold in Switzerland, will in future be manufactured by an independent producer. "In July 2026, Nestlé Hungária informed the staff representative bodies …

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The Theory of Interest

2026-07-21

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2026-07-21

Interest isn't the price of borrowing money or the reward for productive capital. It's the price we put on now over later. Jeffrey Herbener on time preference and the theory of interest.

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Constant, Tocqueville, and Acton on the Enlightenment, Liberalism, and Religion

2026-07-21

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2026-07-21

The growing power of the centralized state loomed as the central problem for liberalism in the early nineteenth century, and the works of these three writers are a response to it.

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Switzerland abstains from German-style train station alcohol ban

2026-07-21

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2026-07-21

Swiss Federal Railways will continue selling alcohol at train stations despite a complete ban in Germany. Deutsche Bahn, Germany’s leading railway company, has imposed the ban to improve safety for passengers and staff. In Switzerland, the sale of alcohol is set to continue until 10pm. According to the newspaper Bild, it will now be prohibited …

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