Myth #2: Deficits Do Not Have a Crowding-Out Effect on Private Investment
Recorded by the Mises Institute in the mid-1980s, The Mises Report provided radio commentary from leading non-interventionists, economists, and political scientists. In this program, we present another part of "Ten Great Economic Myths". This material was prepared by Murray N.
Licensing Laws Deepen South Africa’s Electricity Crisis
Since 2007, South Africa has been experiencing an electricity crisis. Eskom (a South African state-owned company) cannot produce enough electricity to meet increasing demand, so Eskom has implemented rolling blackouts, which is also called “load shedding” by the South African
Hit by Scandal, Petro Can Still Ruin Colombia
Daniel Raisbeck Less than a year ago, I wrote of the almost certain regret that awaited the prosperous, urban, multiple‐degree‐holding types who voted for Gustavo Petro, Colombia’s Chavista president. They thought they had supported a Nordic‐style social democrat—failing to notice that they had helped
Individualism in the US Has Helped Make It an Economic Success
Individualism, while condemned in some cultures, has helped make this country economically successful. Will the influx of immigrants from cultures that devalue individualism reverse that success? Original Article: "Individualism in the US Has Helped Make It an Economic Success"
Higher Corporate Profit Margins Aren’t Causing Inflation
The usual suspects such as Robert Reich claim that corporate profits are causing inflation. Actually, increases in corporate profits are tied to increases in inflation. Original Article: "Higher Corporate Profit Margins Aren't Causing Inflation"
“Trans Rights” Means Trans Entitlements and the End of Civil Society
The trans rights movement has quickly moved into government coercion and outright violence. There is nothing libertarian about what is happening in this movement today. Original Article: "“Trans Rights” Means Trans Entitlements and the End of Civil Society"
Fossil Fuels Enable Us to Better Fight Fires and Other Environmental Disasters
This week we’ve seen a relatively unprecedented environmental phenomenon in New York City. Canadian wildfires have led to the worst air quality New York has ever had—and the worst air quality anywhere in the world right now. The air has
David French Gets to Sit with the Cool Kids at the NYT Lunch Table
Most of us would like to forget many of the unpleasant aspects of our adolescence, and especially our days in middle and high school. No matter what the school setting, private or public, every place had its “cool kids” who
Commodity Prices Debunk the “Blame Ukraine” Excuse for Inflation
Most politicians have used the “Ukraine invasion card” to justify the massive inflationary burst in 2021-2023. It does not matter if inflation was already elevated prior to the war. Supply chain disruptions, demand recovery, wage growth… Many excuses were used to
Secession Means More Choices, More Freedom, Less Monopoly Power
[This article is Chapter 1 of Breaking Away: The Case for Secession, Radical Decentralization, and Smaller Polities. Now available at Amazon and in the Mises Store.] Because of their physical size, large states are able to exercise more state-like power than geographically