Don’t Let Them Claim Uvalde’s Police Failure Was Just a Local Problem
One remarkable aspect of the coverage of the Uvalde shooting is how quickly the narrative has gone from one of praising police heroics to one of exposing complete, total, and shameful failure on the part of the law enforcement agents. Simultaneously,
The Industrial Revolution and the West Indies: Did the Colonies Spark Progress in the Metropole?
The West Indies played a vital role in growing the British economy in the eighteenth century. Original Article: "The Industrial Revolution and the West Indies: Did the Colonies Spark Progress in the Metropole?" This Audio Mises Wire is generously sponsored by Christopher
The Federal Reserve Now Is between the Proverbial Rock and a Hard Place
The Federal Reserve has sabotaged the economy since 1913 with its socialistic interventions. Every single boom created via its artificial credit expansion has resulted in disaster, which includes the Great Depression, which was caused by nearly a decade of inflation
Did Capitalism Cause the Great Depression?
Lionel Robbins's The Great Depression (Macmillan, 1934) is one of the great economic works of our time. Its greatness lies not so much in originality of economic thought, as in the application of the best economic thought to the explanation
Turns Out the Elites Like the Administrative State Better than Democracy
The New York Times claims that the "administrative state"—that is, governance by unelected bureaucrats—protects our country and enhances democracy. Original Article: "Turns Out the Elites Like the Administrative State Better than Democracy" This Audio Mises Wire is generously sponsored by Christopher Condon.
Exchange within Society
1. Autistic Exchange and Interpersonal Exchange Action always is essentially the exchange of one state of affairs for another state of affairs. If the action is performed by an individual without any reference to cooperation with other individuals, we may call
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Not too long ago, most of us took our news or commentary in print. Thanks to entrepreneurs and digital technology, we now have other options. Some people still prefer to read, others to watch, and it looks like many of
Do Free Markets Create a Wasteful “Landfill Economy”? Definitely Not
In a recent article, Charles Hugh Smith claims that the landfill economy has put our society in crisis. Here's how he describes the "landfill economy": For the hundred years that resources were cheap and abundant, we could waste everything and call it growth:
China’s Draconian Lockdown Policies: Major Consequences to Follow
In an attempt to stymie the spread of covid-19, the Chinese government has imposed reckless and harmful lockdown policies in several cities. This will not end well. Original Article: "China's Draconian Lockdown Policies: Major Consequences to Follow" This Audio Mises Wire is
The Language Vandals
Language is a critical tool for communication among humans; we cry "watch out" when a speeding car hurtles toward a pedestrian. We also think of language as a cognitive tool for society at large, since all human learning is closely tied to how we