Governments that redistribute wealth and regulate our daily lives are inherently corrupt. We cheapen the word “corruption” when we reserve it for just a few politicians who break the arbitrary rules. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros. Original Article: “Most Everything Governments Do Should Be Regarded as ‘Corrupt’“. You Might Also Like The “Old” vs. the “New” Liberalism It is not disputed that the popular meaning of liberal has changed drastically over time. It is a well-known story how, around 1900, in English-speaking countries and elsewhere, the term was captured by writers who were essentially social democrats.
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Governments that redistribute wealth and regulate our daily lives are inherently corrupt. We cheapen the word “corruption” when we reserve it for just a few politicians who break the arbitrary rules.
This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros.
Original Article: “Most Everything Governments Do Should Be Regarded as ‘Corrupt’“.
You Might Also Like
The “Old” vs. the “New” Liberalism
It is not disputed that the popular meaning of liberal has changed drastically over time. It is a well-known story how, around 1900, in English-speaking countries and elsewhere, the term was captured by writers who were essentially social democrats.
Why Bolivia Needs to Decentralize
It was only eight months ago that Bolivia concluded a bizarre political conflict that saw President Evo Morales step down from office. Morales was pursuing a fourth presidential term but encountered numerous constitutional roadblocks.
Protesters cited irregularities and alleged voter fraud during elections in October 2019 as the principal motive behind their demonstrations.
The Dangers Posed by State-Controlled Digital Currency
If we choose to break the state monopoly of money and allow private digital currencies to compete, a myriad of different solutions will emerge to serve a myriad of different needs.
The Fed’s Latest Lie: It Can Make Everything Go Back to Normal
The Fed Emperor’s New Clothes Show is a continuous comedy without laughter. The latest act, the virtual Jackson Hole conference (August 27), was dreadful. The show’s audiences are accustomed to the Fed chair and his board delivering solemn pronouncements about their aims—low inflation, high employment, and financial stability.
The EU’s Drive toward Political Centralization Will Doom Its Economy
In the wake of the economically disastrous covid-19 shutdowns, the political class has desperately tried to save the failing euro system. On July 21 European leaders agreed on what they called a "historic" deal. It was nothing more than a multitrillion euro stimulus package.
The Evidence Keeps Piling up: Lockdowns Don’t Work
Extraordinary measures require extraordinary evidence. Have the advocates for lockdowns made their case? The data suggests they have not.
This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.
Original Article: "The Evidence Keeps Piling up: Lockdowns Don’t Work".
The Saving Problem in America: Alternatives and Reforms
Since before covid-19 and the lockdown, I have written articles that touch on the purpose and importance of personal savings, and more importantly, why the lack of personal savings was going to make an economic crisis in the year 2020 potentially tragic for most Americans.
As a result, I have been interviewed a couple of times specifically on the topic of personal savings. These interactions have indicated to me that people do not understand the importance of savings and rather believe the demonization of savings as a “leakage” from the economic system and that hoarding money is one of the greatest threats to the economy.
Even more importantly, I discussed the reasons why Americans save so little and the related dangers, and I discussed how you can get around those government interventions
The Second Act Will Be Worse Than the First: Lockdowns Are Not the Answer
In the first presidential “debate” (I use that word creatively), Joe Biden hinted that he would order a national lockdown in order to “defeat” the covid-19 virus, and there certainly seems to be a consensus in the media and among political elites that if there is another “outbreak” of covid, then the “shelter in place” order will be the law of the land.
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