I think my future boss is telling me I have been doing things wrong my whole career.
Important new discussion paper from a star-studded cast of environmental and resource economists*
Have y’all seen the Partha Dasgutha video from the @nytimes yet?
Here is the link and story: Partha Dasgupta is a Cambridge University economist who in 2021 prepared a more than 600-page report for the British government about the financial value of nature. Not your average bedtime reading. But believe us when we say
Understanding the Difference between Praxeology and Psychology
It has been proposed that praxeology has potential not only as the foundation for growing the Austrian school of economics but other sciences as well. The utility of Austrian economics is immense, and similar achievements in other domains would be
Democracy Created Canada’s Lethal Healthcare System
Canadian politicians tout their healthcare system as morally superior to private medicine. There is nothing moral about relegating thousands of people to death each year for lack of medical care. Original Article: "Democracy Created Canada’s Lethal Healthcare System" This Audio Mises Wire is
Governments Can’t Blame Inflation on Energy and Putin Anymore
At the end of February 2023, the price of oil (WTI and Brent), Henry Hub and ICE natural gas, aluminum, copper, steel, corn, wheat, and the Baltic Dry Index are below the February 2022 levels. The Supply Chain Index and the
Is It Real Money or Just Artifice?
In his 1884 article “Mind as a Social Factor,” Lester F. Ward attacked the laissez-faire doctrine in an “inversion of values” that would have made Friedrich Nietzsche blush. “But how shall we distinguish,” Ward asked, this human, or anthropic, method from
Society for Benefit-Cost Analysis: “Benefit-Cost Analysis for Beginners” workshop
From the inbox: Location: Via ZoomPlease note: All workshops will be recorded. Registrants will have access to the recordings. Dates and Times: April 28, 2023 - Online9:30 a.m. – 11:30 a.m. ET 1:00 p.m. - 3:00 p.m. ET This short course provides an introduction for “beginners”
Bad Graph Interpretation of the Day: Well, if I had to guess, I would say bad math happened.
Saw this tweet this morning with 2.3M views: Just eyeballing it, from 1995-2000, boy suicide rates fell from about 11 to about 6 per 100K, a 45% decline. Girl suicide rates fell from about 4 to about 2 per 100K, a 50%
Karl Marx Was Not an Economist
Karl Marx may have been a philosopher or just someone with an opinion. He was not, however, an economist. Original Article: "Karl Marx Was Not an Economist" This Audio Mises Wire is generously sponsored by Christopher Condon.
Politics Is Turning Us into Idiots
Political correctness in Western societies fosters polarization and a toxic culture of ignorance. Although people are rightly outraged by the cancellation of prominent figures, the most glaring consequence of political correctness is the proliferation of ignorance. When speakers are cancelled