Tag Archives: 6b) Mises.org

On July 8 this year, UK prime minister Boris Johnson resigned as Conservative Party leader after a Cabinet revolt over a series of ethics scandals had made his position untenable. A leadership election was then set in motion to allow party members to elect the next party leader who would succeed Johnson as PM. The result was announced on September 5: the winner was would-be Margaret Thatcher, Liz Truss. The queen invited Truss to become PM on September 6. Truss...

A great benefit of the internet age is the capacity to accumulate, accelerate, and intensify connections between entrepreneurs, knowledge sources, investors, mentors, collaborators, and service providers. Businesses with a valid value proposition who are in the launch and early expansion phases can interconnect a network of powerful and qualified resources to support their growth. A good way to do so is to utilize a platform (another product of the internet age)...

In his Nations by Consent, Murray Rothbard reminds us that the concept of a nation “cannot be precisely defined; it is a complex and varying constellation of different forms of communities, languages, ethnic groups, or religions.” And yet, in most states of the world, this concept of nationality has been transformed from a group with a shared heritage, language, and history into a set of documents that needs to be processed in central facilities. Gone are the days of...

“Democracy” is the new “revolutionary.” In the old Marxist regimes, anything that displeased the ruling communist regime was said to be contrary to “the revolution.” For example, in the Soviet Union, national leaders spoke regularly of how the nation was in the process of “a revolutionary transformation” toward a future idealized communist society. Many years after the actual revolution and coup d’etat in Russia in following the collapse of Tsarist Russia, the word...

In a recent essay, I explained how over time the US abused its responsibility to control the supply of dollars, the world’s premier reserve currency for settling international trade accounts among nations. This abrogation of its duties is leading to the likely adoption of a new reserve currency, commodity based and controlled not by one nation but by members, all watchful that the currency is not inflated. Let us continue the analogy of an individual receiving a...

In another sign of weakness for the job market, the total number of employed persons in the United States fell, month over month, in October. That’s the third time in the last seven months this total has fallen, dropping to approximately 158 million. According to new employment data released by the Bureau of Labor Statistics on Friday, the current population survey shows 328,000 fewer people were employed in October than in September, seasonally adjusted. . This...

Among the components of the World Economic Forum’s Great Reset are a drastically reduced population and the replacement of human labor with robots and artificial intelligence (AI). The question immediately comes to mind: can robots and AI really make all the stuff for the elites after they have gotten rid of the people? Because a plan has been formulated and described does not mean that it is possible to realize. The plan may contradict laws of logic or reality, or...

In July 2022, the Canadian government announced its intention to reduce “emissions from the application of fertilizers by 30 percent from 2020 levels by 2030.” In the previous month, the government of the Netherlands publicly stated that it would implement measures designed to lower “nitrogen pollution some areas by up to 70 percent by 2030,” in order to meet the stipulations of the European “Green Deal,” which aims to “make the EU’s climate, energy, transport and...

Insurance is a market institution—i.e., it emerged through voluntary exchange aiming at satisfying the needs of the parties involved. Private health insurance should not be mistaken for public health insurance, which constitutes an element of a state’s social policy. They differ to such a great extent that one can even claim that the latter is a contradiction of the former. This essay will show the most notable differences between them. The Main Differences Firstly,...

There has been a radical change in the social and political landscape in this country, and any person who desires the victory of liberty and the defeat of Leviathan must adjust his strategy accordingly. New times require a rethinking of old and possibly obsolete strategies. —Murray N. Rothbard1 Murray Rothbard wrote the above words in 1994, shortly before his untimely passing. They sum up the main theme of a series of brilliant articles that he published in the 1990s...