Austrian Economists and Empiricism
Since its emergence in 1871, the Austrian school of economics has provided systematic opposition to empiricism in the development of economics. The Methodenstreit persists, even with different players. Several papers and publications have criticized the concept of economics based on
Lobbying Turns Green
David Boaz I don’t mean to keep writing the same article about lobbying and special interests over and over. But the federal government keeps creating more and more opportunities for special interests to hire lobbyists. This week The Economist writes, with up
Who Stopped the Rescue of Silicon Valley Bank?
Norbert Michel Transparency and accountability demand that Congress hold more hearings related to the Silicon Valley Bank (SVB) failure, and at least one more is sure to come. Congress especially needs to get to the bottom of exactly which Federal Deposit
What Will Our Energy Future Be? A Few Ideas
With the government foolishly handicapping the oil and gas industries and pushing other alternatives, the future is not very bright.. Original Article: "What Will Our Energy Future Be? A Few Ideas" This Audio Mises Wire is generously sponsored by Christopher Condon.
The Failure of the Federal Reserve: The Covid Boom and Unnecessary Intervention
The Federal Reserve’s failure to meet its own policy goals of price stability and growth has become increasingly evident in the current economic situation in the United States. The country is now facing recessionary fears after experiencing historic inflation due
Phil Simon on Tectonic Changes in the Workplace
Austrian economics recognizes change as a constant and provides guidance for adapting to it and managing it. Change is changing for business — it’s faster and more fundamental in the digital age. Austrian economics can help even more as a
Wars Cost More Than You Think
Ryan and Zachary talk about how wars are not nearly as cheap or economically harmless as many Americans seem to think. Rather, taxpayers must give up enormous amounts of resources to fund wars halfway across the globe that have little
Expensing Is Key in Any Pro‐Growth Tax Package
Adam N. Michel As Congress searches for policies to meet our current economic challenges, maintaining full expensing—which has begun to phase out—should be top of the list. Full expensing protects business investment from the costs of inflation and supports economic
Steve Ballmer’s New Public Sector 10‑K Report Illustrates Weaknesses in Government Financial Disclosure
Marc Joffe Each April, USAFacts, a not‐for‐profit information provider founded by former Microsoft CEO Steve Ballmer, issues a report on the condition of US federal, state, and local governments. Ballmer’s release takes the form of a 10‑K Report, like those publicly listed corporations produce
America’s Violent Extremists: Past Tragedies, Future Threats
Patrick G. Eddington Twenty‐eight years ago today, two Army veterans utilized a truck bomb in Oklahoma City to kill 168 people, including 19 children. It was the high watermark of right‐wing violent extremist activity in the 20th century, justified by its key