When the Private Sector Is the Enemy
Last Wednesday’s House Oversight Committee meeting provided some much-needed insight into how corporate personnel at Twitter (before Elon Musk’s takeover) had essentially turned the company into an adjunct of the federal government and its intelligence agencies. Present to testify were high-ranking
If you can’t think what to write in your Valentine’s cards
Here are some Elvis lyrics*: Wise men sayOnly fools rush inBut I can't help falling in love with you Your kisses lift me higherLike the sweet song of a choirYou light my morning skyWith burning love Well, please, don't ask me what's upon
“Stakeholder Capitalism” Is an Incoherent Term
One of the modern progressive buzzwords is "stakeholder capitalism," in which people with no direct connection to a firm somehow have a "stake" in what the firm does. It is an incoherent term. Original Article: ""Stakeholder Capitalism" Is an Incoherent Term" This Audio
Lael Brainard on climate change
From Reuters* (Biden to name Fed's Lael Brainard as top economic adviser): U.S. President Joe Biden is expected to name Federal Reserve Vice Chair Lael Brainard to the White House's top economic policy position as early as Tuesday, a source familiar
Covid-19: Will the Political and Health Scandals Erupt into the Public Light?
The recent revelations surrounding the covid-19 pandemic in the West are so shocking that it is necessary to first summarize them to keep on track. Secondly, it is important to try to understand why these political and health scandals are
Is the Japanese Low Inflation–Low Interest Rate Model at an End?
For nearly three decades, the Japanese economy has slowly imploded under low interest rates and heavy government debt. It may soon be time to pay the piper. Original Article: "Is the Japanese Low Inflation–Low Interest Rate Model at an End?" This Audio Mises
The Power to Destroy
Fifty years ago, a remarkable libertarian, personal friend, witty Georgite, then editor of Human Events, came out with a landmark book, The Income Tax: Root of All Evil (text and PDF). Its author was Frank Chodorov who saw raging about
Hotelling’s switch point just got later
Hotelling's Rule is a theory of nonrenewable natural resources that says that prices of such resources will rise at the rise of interest over time (all else equal). When there is a backstop fuel, think renewables like wind and solar,
The Legacy of Immigration: It’s Complicated
In contemporary America, the success of immigrants is celebrated as a source of American vitality. Indeed, immigration is frequently lauded by American elites as a tool to raise economic growth and living standards. Many marvel at the success of Indian
Social Security Taxes Aren’t “Your” Money
The government can't return the SS money it stole in the past. It's impossible. That money's gone. Taxing today's workers to "pay back" pensioners is just creating a new group of tax victims. Original Article: "Social Security Taxes Aren't "Your" Money" This Audio Mises Wire is generously