We Should Be Skeptical of Death Certificates and Cause-of-Death Data
Historically, the overwhelming majority of Americans have ignored death certificates and the topic of how they are processed, produced, and compiled for purposes of government statistics. During 2020, however, death certificates rose to a level of unprecedented prominence in the United
“What Did Bob Learn?” Part 1 of 3
In response to a listener request, Bob starts a 3-part series explaining areas where his views have changed. In this episode, he covers trade deficits, justice vs. mercy, the 2000 election, WMDs in Iraq, and Arrow’s Theorem. Mentioned in the Episode
Investors Won’t Buy the “Transitory” Inflation Line
Governments always justify printing more money with the excuse that there is no inflation. When inflation rises, they say it is transitory. And when inflation soars, governments blame businesses and shop owners, presenting themselves as the solution with “price controls.” Original
The Bogus January 6 Commission Poses a Real Threat to Freedom
“Truth will out” is the most popular fairy tale in Washington. Members of Congress are clashing over whether politicians will appoint an “independent” commission to reveal the facts behind the January 6 Capitol ruckus. Proponents are portraying the issue as
Peter Klein on Cronyism, Capitalism, and the Entrepreneurial Pathway
Cronyism is not Capitalism We often hear that capitalism is under fire: in contemporary politics, in journalism, in popular discourse, and even in some business schools and among some management scholars and their students. But the criticism, upon examination, is not
China’s New Pandemic: A Bond Default Crisis
China was one of the first major countries to recover from the coronavirus-induced economic collapse—but at what cost? The country has taken on enormous levels of public and private debt, eased monetary policy, and issued billions of dollars in new bonds.
The Six Stages of the Creation of the State
[Excerpted from chapter 1 of The State: Its History and Development Viewed Sociologically] In the genesis of the state, from the subjection of a peasant folk by a tribe of herdsmen or by sea nomads, six stages may be distinguished. In the
Public Debt Got a Lot Worse from The Great Recession to The Great Lockdown
The 2020 recession, which many countries are still going through, now has an “official” name: the Great Lockdown. In economic terms, the public sector’s response in practically all countries has been very swift and bold (which is not necessarily a good thing).1 This
What Igbo Culture Teaches Us about Capitalism
The Igbos are one of many ethnic groups within Africa. They consist of about 43 million people, 40 million of whom live within Nigeria. They are widely successful in Nigeria and are considered by many to be the "Jews of West Africa," partly
Mises on Nationalism, Colonialism, and the Right of Self-Determination
For Mises, liberalism first emerged and expressed itself in the nineteenth century as a political movement in the form of “peaceful nationalism.” Its two fundamental principles were freedom or, more concretely, “the right of self-determination of peoples” and national unity