And you thought your Recreation.gov user fees were funding National Parks
Nope (As National Parks Visits Surge, Booz Allen Benefits): Visitors driving into Montana’s Glacier National Park this summer must buy a vehicle pass on Recreation.gov. The pass is free, but visitors pay a $2 fee to book the reservation. Visitors might assume
Understanding the Difference between Praxeology and Psychology
Some economists have tried to apply psychology to economic analysis, but psychology is not what drives economic activity. Original Article: "Understanding the Difference between Praxeology and Psychology" This Audio Mises Wire is generously sponsored by Christopher Condon.
Marxists Have a Plan for Housing: Make Sure There Is Less Available
“Stay in your lane” is a frequently heard refrain nowadays, normally a piece of advice directed at those who, by virtue of some aspect of their identifying characteristics or profession or beliefs, express views which are deemed unwelcome. “Stay in
What the Trump Indictment Tells Us about the Regime
Ryan and Tho talk about why Trump is the only former president to be prosecuted for crimes. The ruling class has agreed to not prosecute their own, but since they see Trump as an outsider, he is fair game. In
Roosevelt’s 1933 Gold Theft and Default
[April 5 is the 90th Anniversary of Franklin Roosevelt's executive order banning private ownership of gold. In this selection from Part III of America's Money Machine: The Story of the Federal Reserve, economist Elgin Groseclose shows how FDR's executive order was
Is It Real Money or Just Artifice?
Money proper is not artifice. It is a physical "thing" of value, acquired through labor and emerging out of the needs of individuals, who through voluntary exchanges determine its value. Original Article: "Is It Real Money or Just Artifice?" This Audio Mises Wire is generously
The RESTRICT Act Will Only Restrict Our Liberties
Earlier this month, Senator Mark Warner (D-VA) introduced the Restricting the Emergence of Security Threats that Risk Information and Communications Technology Act, or the RESTRICT Act. The bill is being floated as a possible means for the federal government to
Sharekh Shaikh On The Digital Revolution In Market Research
Market research is a tool for gathering data about customers and consumers that businesses hope will lead to insights about their behaviors and preferences that can be translated into innovation, better service and better business performance. As with any dynamic
Politics Is Turning Us into Idiots
From race to gender to nearly everything else, decisions about what is correct or incorrect are made according to politics. This is a recipe for social destruction. Original Article: "Politics Is Turning Us into Idiots" This Audio Mises Wire is generously sponsored
I ran Sarah Jacobson’s “Ore Money Ore Problems” resource extraction game in class yesterday @SarahJacobsonEc
Here is the abstract from the paper which is forthcoming in the Journal of Economic Education: Economic theories of the exploitation of depletable natural resources are built around a core model of intertemporal profit maximization that predicts that (barring unforeseen shocks)