Slippery Slope Arguments and Tyranny
In my article last week, I talked about Michael Huemer’s notion of “false fallacies.” These are often listed in logic books as bad arguments, but some of them, Huemer suggests, are actually good arguments, at least if suitably modified. This week,
Murray Sabrin’s New Book on Escaping Medical Fascism
On the heels of Biden's vaccine mandate announcement, Dr. Murray Sabrin joins the show to discuss his new book on escaping the state's medical fascism. Universal Medical Care from Conception to End of Life lays out the sobering reality of
China Isn’t About to Become a Superpower
China faces a wide variety of demographic, geopolitical, and economic limits on the regime's power. And, socialism and Keynesianism don't work any better in China than in the USA. Moreover, contrary to the myth, China is not run by politicians
The Water “Shortage”
As everyone knows, the West, and especially northern California, has been suffering from a year-long drought, leading numerous statists and busybodies to leap in to control, ration, and ordain. The water “shortage” may not be exactly blamed on the private
The Illusions of Inflation Targeting, with an Application to Ukraine
Abstract: This article reviews the analytical justification, the theoretical content, and the practical experience of inflation targeting, which has become the standard framework for monetary policy. It shows that due to the inflation-targeting literature’s neglect for the money demand as
Radical Uncertainty: Decision-Making Beyond the Numbers
Radical Uncertainty: Decision-Making Beyond the NumbersJohn Kay and Mervyn KingNew York: Norton, 2020, xvi + 528 pp. David Gordon (dgordon@mises.org) is a senior fellow at the Mises Institute and editor of the Journal of Libertarian Studies. Kay and King are not Austrians,
The Essential Austrian Economics
The Essential Austrian EconomicsChristopher J. Coyne and Peter J. BoettkeVancouver: Fraser Institute, 2020, 68 pp. David Gordon (dgordon@mises.org) is a senior fellow at the Mises Institute and editor of the Journal of Libertarian Studies. Christopher Coyne and Peter Boettke, both professors of economics
Austrian Economics in Contemporary Business Applications
Austrian Economics in Contemporary Business Applicationsedited by Hunter HastingsAuburn, Ala.: Mises Institute, 2020, 68 pp. Fernando D’Andrea (dodandrea@gmail.com) is a Ph.D. student in entrepreneurship at Oklahoma State University. The six-chapter book Austrian Economics in Contemporary Business Applications promises to follow Mises’s and
The End of the Abe Administration—The End of Abenomics? Books on Past and Present in the Japanese Political Economy
Jason Morgan (jmorgan@reitaku-u.ac.jp) is associate professor at Reitaku University in Kashiwa, Japan. PRIME MINISTER ABE SHINZŌ’S RESIGNATION AND THE END OF AN ERA IN JAPAN On August 28, 2020, Japanese prime minister Abe Shinzō entered a Tokyo press conference and began speaking.
Tax Tyranny
Tax Tyrannyby Pascal SalinCheltenham, UK: Edward Elgar, 2020, 224 pp. Jörg Guido Hülsmann (guido.hulsmann@univ-angers.fr) is Professor of Economics at the University of Angers. Pascal Salin is one of the most important Continental European economists. Throughout his career, he has developed and defended the