The Case of Adani versus Hindenburg
Between 2019 and 2022, the fortune of India’s Gautam Adani swelled from $9 billion to $127 billion. As the value of his seven publicly traded companies—providers of everything from natural gas to digital services—soared, he was briefly the world’s second-richest
Questioning the Military Necessity of Dropping Atomic Bombs on Japanese Cities
Americans often have defended the atomic bombings of Hiroshima and Nagasaki as regrettable but necessary for ending World War II. The actual record tells us a much different story. Original Article: "Questioning the Military Necessity of Dropping Atomic Bombs on Japanese
AERE@SEA abstract submissions are open (a brief history of @AereOrg sessions at regional economics meetings)
Here is the link: https://aere.memberclicks.net/conference---sea. The deadline is the end of February. For the first time since 2006 I'm not chairing the committee that is organizing these sessions. Please forgive me, but I'm going to take a victory lap*. These sessions began
Does Government Create a “Level Playing Field” or Does It Make the Field More Uneven?
Bernie Sanders and other politicians have made socialism attractive to voters, especially young ones, because it promises to eliminate the injustices of capitalism. As to what socialism and capitalism mean, no one seems to care much, other than that by
Another Recession Sign: Part-Time Work Is Growing Faster than Full-Time Work
The Bureau of Labor Statistic (BLS) released new jobs data on Friday. According to the report, seasonally adjusted total nonfarm jobs rose 517,000 jobs, which was well above expectations. The words used by the media to describe the report included
The State Uses Trauma as a Weapon against Innocent People
In its unending quest for power, the state has no problem traumatizing the innocent. Original Article: "The State Uses Trauma as a Weapon against Innocent People" This Audio Mises Wire is generously sponsored by Christopher Condon.
The Price-Gouging State
Friends and family are talking, on Facebook, about the rapid rise in the price of eggs. Their posts also report that there are plenty of eggs in the dairy sections of local grocery stores. A few people, along with some
Yes, the US Government Has Defaulted Before
The regime is trying to whip up maximum hysteria or the chances that the US government could default on its debts if the debt ceiling is not raised. Anyone whose been paying attention for a while, however, knows there's a 99.99%
Erik Schön: The Art Of Strategy
What is strategy, and is it useful for business? Business schools want you think it is the critical factor in competitive success or failure. They teach structured markets, divided up by market share, with boundaries and external and internal forces
Wholesale Price Inflation Is Slowing as Economy Worsens
A recession looks more likely every day, and the latest sign of this is slowing price growth in producer prices. After all, price inflation usually slows as the economy weakens and consumers run out of easy money. Original Article: "Wholesale Price