Why Envy Can Destroy Economic Progress
Economists think that culture is a fuzzy concept. Yet as research demonstrates, culture provides insight into a country’s potential for growth. One cultural feature worth studying for its propensity to impede development is envy. Envy is described as a feeling of resentment
Cannabis in India: History and usage in Modern times
Cannabis in India has been known to be utilized since as early as 2000 BCE. In Indian society, common names for cannabis concoctions include ganja (flower), charas (resin), and bhang (seeds and leaves), with Indian drinks, such as bhang lassi andbhang thandai becoming one of the most common illicit usages. A
The Everything Bubble: How A Debt-Driven Economy Creates More Frequent Crises
The pace of global recoveries since 1975 has been slower and weaker, consistently every time, according to the Organisation for Economic Co-operation and Development (OECD). Recoveries take longer and happen slower. At the same time, periods of crisis are less
Taking Rites Seriously: Neither Theocracy nor Liberal Hegemony
The Lou Church Memorial Lecture, sponsored by the Lou Church Foundation. Recorded at the Mises Institute on March 20, 2021. Includes an introduction by Joseph T. Salerno. The Austrian Economics Research Conference is the international, interdisciplinary meeting of the Austrian School,
The Sinful State
Hardly anyone talks of the table of virtues and vices anymore — which includes the Seven Deadly Sins — but in reviewing them, we find that they nicely sum up the foundation of bourgeois ethics, and provide a solid moral
Debunking Piketty and the Left’s Celebrity Economists
If you were to browse the economics section of the majority of bookstores here in my home city, Dublin, you would find something of an odd phenomenon: these businesses which essentially exist because of free enterprise and voluntary exchange—i.e., because
The Long Rehabilitation of Frank Fetter
The Murray N. Rothbard Memorial Lecture, sponsored by Steven and Cassandra Torello. Recorded at the Mises Institute on March 20, 2021. Includes an introduction by Joseph T. Salerno. The Austrian Economics Research Conference is the international, interdisciplinary meeting of the Austrian
State Preemptions of Local Government Autonomy Is a Bad Thing. Even When Ron DeSantis Does It.
On March 10, 2021, Florida Governor Ron DeSantis signed Executive Order #2021-65. This order remits fines imposed by local governments in regard to covid-19 restrictions. While Governor DeSantis is considered somewhat controversial among wider audiences due to his handling of
Donald Devine on the Enduring Tension
Donald Devine is a legend in Washington, DC conservative circles, where he gained fame wrestling civil service bloat as head of Reagan's Office of Personnel Management. His new book The Enduring Tension: Capitalism and the Moral Order starts with Schumpter's
From Menger to Mises
The Ludwig von Mises Memorial Lecture, sponsored by Dr. Don Printz. Recorded at the Mises Institute on March 19, 2021. Includes an introduction by Peter G. Klein. The Austrian Economics Research Conference is the international, interdisciplinary meeting of the Austrian School,