How the Fed Fuels the WEF’s Managerial Revolution
On this week's Radio Rothbard, Ryan McMaken and Tho Bishop celebrate World Economic Forum week by discussing the Managerial Revolution. While James Burnham's disinterest in economics made his criticism of capitalism cringey, modern financialization has manipulated the profit and loss mechanisms
The Modern State Cannot Exist without Fiat Money
The emergence of money is a market phenomenon. By surrendering fewer marketable goods for more marketable goods, individuals move closer to the goods they ultimately wish to consume but cannot acquire through direct exchange. The most marketable goods become common
Playing For Change: When The Levee Breaks #EnvironmentalJustice
Here is what they say at Playing for Change: Built on the belief that music has the power to break down boundaries and overcome the differences that divide us, Playing For Change inspires and unites people through song. Over the past
The FDA and the Courts Fail to Truly Discipline the Pharmaceutical Industry for Exploiting the Mentally Ill
Does the regulatory system help guarantee safe and effective drugs? Does the system protect drug consumers? Court cases tell us otherwise. Original Article: "The FDA and the Courts Fail to Truly Discipline the Pharmaceutical Industry for Exploiting the Mentally Ill" This Audio
The State Will Always Set the Rules in Its Favor
Johan Smit wrote an opinion piece in which he highlighted the double standards of treatment in situations where the private sector was treated more harshly than the state when both parties committed similar offenses. To prove his point he referenced
Proof: Things are getting warmer
This: A sharp spike in Greenland temperatures since 1995 showed the giant northern island 2.7 degrees (1.5 degrees Celsius) hotter than its 20th-century average, the warmest in more than 1,000 years, according to new ice core data. and this: “This is an important
The Present Fiat Monetary System Is Breaking Down
The fiat monetary system is slowly breaking down, taking the economy with it. Original Article: "The Present Fiat Monetary System Is Breaking Down" This Audio Mises Wire is generously sponsored by Christopher Condon.
How Can We Restore Freedom and Sound Money in the US and the UK? Some Ideas
The purpose of this essay is not to convince the reader of the necessity for change. It is to present some commonsense policy changes to attempt to mitigate the economic harm that has been done to Western economies, especially to
Resource and Energy Economics published a corridendum that adds authors
Here is how it looks in my inbox: Corrigendum to “Exploring the shelf-life of travel cost methods of valuing recreation for benefits transfer” [Resour. Energy Econ. 63 (2021) 101123]. If you click on that it takes you to something I've never
Why Economic Stimulus Can’t Work
Keynesian economists fantasize that a market economy cannot "gain traction" without "stimulus" schemes from the government. In the end, the only thing stimulated are inflation and recession. Original Article: "Why Economic Stimulus Can't Work" This Audio Mises Wire is generously sponsored by