Tag Archives: 6b) Mises.org

On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop are joined by Dr. Gilbert Berdine, an associate professor of medicine at Texas Tech University Health Sciences Center and an affiliate of the Free Market Institute at Texas Tech University. In 2020, Dr. Berdine was warning about efficacy and risks claims being made over covid vaccines, which are at the forefront of a recent lawsuit by the State of Texas against Pfizer. Ryan and Tho discuss the case with...

Econometric models are constructed with the idea that they can be substituted for authentic human action. Not surprisingly, they fail badly. Original Article: Can Econometric Models Provide a Laboratory Setting for Economic Analysis? [embedded content] Tags: Featured,newsletter

Capitalism, defined as a form of social organization in which there are means of production such as private property and wage labor, is not the moral principle upon which liberalism is based. The reason for this is that there are nonliberal scenarios that capitalism, as a moral principle, allows for—for example: slavery, sexism, racism, and various forms of violence. However, semantic compatibility does not imply a causal relationship between such variables. In this...

As with the Republican party and the conservative movement in the United States, conservatism in the United Kingdom does not constitute a coherent ideological movement. It is, rather, a coalition of ideological groups and interest groups. Some of these are fairly libertarian in nature, as with the Thatcherites. On the other hand, conservative parties and activist groups also contain traditionalist conservatives and nationalists, neither of which are primarily or...

A bedrock of Austrian economic thinking is the notion of causality. A libertarian worldview also requires the understanding of causality. Original Article: Libertarianism and the Importance of Understanding Causality [embedded content] Tags: Featured,newsletter

Many people believe that a general increase in stock prices is an important factor in economic growth. However, this is a questionable observation. The view that the stock market drives economic growth originates from the observation that changes in stock prices precede changes in economic data. We suggest that various economic indicators are heavily influenced by money supply, which also drives stock prices. The price of something is the amount of money asked for...

Not only is Washington in political turmoil, but the policies emanating from the Beltway are more incoherent than ever. Original Article: Preserving the Statist Quo: Creating a Generation of Welfare-ing, Libertine Narcissists [embedded content] Tags: Featured,newsletter

Why is Israel a primary benefactor of United States foreign aid? Is Israel a proxy for US imperialism in the Middle East? Does American aid to Israel benefit constituencies other than the defense industry? The ongoing feud between Israel and Palestine has raised these questions to the forefront of public debate. Israel is the leading recipient of American foreign aid, despite its wealth. In 2022, The Economist ranked Israel as the fourth most successful economy in...

Since the original sugar tariff of 1789, US government policy has been to subsidize sugar, a policy that has led to serious consequences, including a health crisis of obesity. Original Article: America the Obese: How Taxpayers Are Forced to Ruin Their Health [embedded content] Tags: Featured,newsletter

Over the weekend, border-policy negotiations between Senate Democrats and Republicans fell apart. The talks were meant to firm up Republican support for the president’s massive $105 billion military support proposal ahead of Wednesday’s vote by including additional funds for border security in the spending package. Now, with no imminent approval of further aid to Ukraine, hawks in government and the media are trying to stoke panic about what will happen if Kyiv is...