Paid family leave—meaning the government paying or forcing businesses to pay for one or more parents taking time off to spend with a newborn—seems like a slam dunk idea to the Christian Left. According to a recent article in Christianity Today, “Christians Shouldn’t Need a Mandate to Provide Paid Family Leave,” “We should provide the best family leave possible. Christians who own or manage businesses ought to lead the way on family leave.” The article lists three...
Read More »Hamas, Israel, and a New War
On this episode of Radio Rothbard, Tho Bishop is joined by Connor O'Keeffe to discuss their thoughts on the conflict between Hamas and Israel and whether Americans have learned any lessons from the War on Terror. "Hamas, Israel, and the Collapse of the Fiat Global Order" by Tho Bishop: Mises.org/RR_155_A "Is It Just War or Unjustified Slaughter of Innocents?" by Connor O'Keeffe: Mises.org/RR_155_B "Get the US Out of the Middle East" by Ryan...
Read More »It’s Time for Some Debt and Entitlement Alarmism
Climate alarmism dominates the news cycle, but perhaps people be more alarmed by massive federal budget deficits and runaway entitlement spending. Original Article: It’s Time for Some Debt and Entitlement Alarmism [embedded content] Tags: Featured,newsletter
Read More »Government Agencies Exploit Data Brokers as End-Around to Legal Restrictions
Data is sometimes referred to as today’s most valuable commodity. Given the technologically focused world around us, data is generated with almost everything we do or consume, whether you use Apple Pay to purchase goods from a retail outfit or use a credit card for your Uber Eats order. It is, in other words, largely unavoidable to create a digital footprint. This continuously produced data is often monitored, retained, repackaged, and resold to third...
Read More »Hamas, Israel, and the Collapse of the Fiat Global Order
This past weekend, the world witnessed absolute barbarism play out as Hamas agents brutally targeted Israeli civilians. The State of Israel, suffering from a historic failure to protect its residents, has predictably responded with major military operations in the Gaza strip. The result is a growing regional conflict fueled by historic feuds beyond the scale of traditional geopolitical considerations. Add to this the ongoing war in Ukraine, a less-talked-about...
Read More »The Central Bank Policy Interest Rate vs the Natural Rate
While central banks use administered interest rates in hopes of emulating the natural rate, these efforts are always going to fail. Without free markets, there is no natural rate. Original Article: The Central Bank Policy Interest Rate vs the Natural Rate [embedded content] Tags: Featured,newsletter
Read More »How the Fed Undermines Prosperity
The term “roundabout” is not normally associated with efficiency, unless you’re an economist. Yet roundabout methods—when applied to production—are the key to prosperity. Eugen von Böhm-Bawerk, the great Austrian economist of the late nineteenth and early twentieth centuries, provided examples illustrating how this idea works. Consider a farmer whose source of drinking water is some distance from his house. Whenever he gets thirsty, he can go to the spring and drink...
Read More »Dollarization Puts Foreign Economies at the Mercy of the US Regime
Some free-market advocates are pushing for dollarization in Argentina. But the devastating US sanctions against Panama in 1989 show us how dollarization helps the US exercise more hegemonic power over foreign economies. Original Article: Dollarization Puts Foreign Economies at the Mercy of the US Regime [embedded content]...
Read More »The Regime Plans More for Us Than Just Hillary Clinton’s “Deprogramming” Demands
This week, Hillary Clinton publicly proposed “formal deprogramming” for MAGA enthusiasts, piling on a repeated President Biden theme of trying to deal with “an extremist movement that does not share the basic beliefs of our democracy. The MAGA movement.” The nation recently discovered that the FBI has a new “MAGA Extremist” category. All this hard work by government is aimed at “preserving democracy.” Clinton is particularly concerned about the small extremist “tail”...
Read More »Why Must Supply Precede Demand? Understanding Economic Foundations
In the market economy, wealth generators do not produce everything for their own consumption. Part of their production is used in exchange for the produce of other producers. Hence, in the market economy, production precedes consumption. This means that something is exchanged for something else. This also means that an increase in the production of goods and services sets in motion an increase in the demand for goods and services. According to David Ricardo, No man...
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