Why No State Needs Thousands of Nuclear Warheads
Last week, the United States signed a five-year extension of the New START arms control treaty with Russia. Russia’s President Putin signed the treaty shortly thereafter. The “Strategic Arms Reduction Treaty” allows Russia and the US to monitor each other’s
Troop Deployments in Washington Are a Disaster Waiting to Happen
“Tyranny in form is the first step towards tyranny in substance,” warned Senator John Taylor two hundred years ago in his forgotten classic, Tyranny Unmasked. As the massive National Guard troop deployment in Washington enters its second month, much of the
The Trump Political Show Trial
Trump would do well to ignore the Senate proceedings. There is no reason to participate in a show trial. Original Article: "The Trump Political Show Trial" This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.
Jesús Huerta de Soto’s Six Stages of the Austrian Business Cycle: Which Stage Are We in Now?
One reality that the unprecedented Reddit/GameStop short squeeze alerted more people to is the major disconnect between the ballooning stock market and the actual economy. A stock market bubble is a significant indicator of the boom phase of the boom-bust economic cycle
Oli’s Balancing Act
Image source: WION Nepal stood as the last Hindu monarchy until 2008, when it adopted the democratic system of governance, thus entering the modern world. Things should have transitioned smoothly but it doesn’t seem that ‘The Roof of the World’ is
AOC and Schumer Want Taxpayer Funding for Covid-19 Funerals
US residents whose family members died with or of covid will be eligible to receive $7,000 for funeral and related expenses, New York senator Chuck Schumer (D) and Representative Alexandria Ocasio-Cortez (D) announced. During a briefing in Queens on Monday, February 8, the duo announced
The Dystopian Bubble: George Orwell Meets Charles Mackay
“Threats to freedom of speech, writing, and action, though often trivial in isolation, are cumulative in their effect and, unless checked, lead to a general disrespect for the rights of the citizen.” ~ George Orwell In early December I asked Jim Grant
How Markets Turn Lousy Products into Great Ones
Most people have managed to get through life without ever seeing Texas Chainsaw Massacre: The New Generation. It currently stands at a 16 percent score with critics and an 18 percent score with audiences on Rotten Tomatoes, so most people, we can
Professor Mohammad Keyhani on Generativity, The New Digital Pathway to Business Growth
Our metric for business is value generation. The scope of Economics For Business is not determined by business size or type — we don’t label firms as small, medium or large, or by the stage of their development, or by industry. We
Understanding Minimum Wage Mandates: Empirical Studies Aren’t Enough
President Joe Biden has promised to raise the minimum wage from $7.25 to $15 per hour. Some economists are of the view that the increase in the minimum wage could cause an increase in unemployment. Other economists think that the increase