Tag Archives: 6b) Mises.org

The 1920s featured political détente, debt liquidations by prior consumer price inflation, an introductory stalling of monetary inflation, a German economic miracle, and a broad-based technological revolution. The 2020s have none of these. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack. Reincarnation of the Roaring Twenties—one century on from the 1920s—is the lead speculative narrative this new year on Wall Street,...

In the Ruins of Neoliberalism: The Rise of Antidemocratic Politics in the West by Wendy Brown Columbia University Press, 2019 viii + 248 pages Wendy Brown, a well-known political theorist who teaches at UC Berkeley, does not like Friedrich Hayek very much. She in part blames him and others as well, including Milton Friedman and James Buchanan, for policies that have led to the bad state of the world in general and America in particular today. In the Ruins of...

Mobilization and separation, not persuasion, is the way forward. Original Article: Welcome to 2021 in post-persuasion America! I first heard this term used by Steve Bannon, architect of the surprising 2016 Trump campaign, in a PBS Frontline documentary titled America's Great Divide. Speaking way back in the precovid days of early 2020, Bannon asserted the information age makes us less curious and willing to consider worldviews...

California’s government has become infamous for abusing its citizens, from steep taxation to burdensome regulations to arbitrary covid impositions. But less noticed is how it is also trying to abuse other Americans as well. As reported in a December 28 Los Angeles Times editorial, the California Department of Tax and Fee Administration (CDTFA), which oversees sales and use tax collections, is trying to retroactively impose sales taxes on out-of-state retailers as far...

Joan Wallach Scott, a historian who is a professor emerita at the Institute for Advanced Study in Princeton, has come up with a most valuable insight. She is decidedly not “one of us,” but her insight makes her sound as if she might be. She says, the notion of the judgment of history rests on a progressive linear view about the necessary superiority, in every domain, of the future as compared to the past, but also—crucially—about the state as the political embodiment...

In the eyes of many, covid-19 has truly accelerated things. Tech aficionados have been rejoicing as virtual meetings, Zoom calls, and overall digitization within companies have seen a serious boost. At the same time, the corona crisis has intensified another contemporary development that people generally don’t really care about: today’s ongoing expansion of the money supply. Although monetary policy had been ultraexpansionary even well before the virus hit the world,...

There's no reason to assume 2021 will bring a reversal of 2020's trends. Many of the fights that began in 2020 are likely to intensify in the new year.  Be sure to follow Radio Rothbard at Mises.org/RadioRothbard. You Might Also Like American Police Forces Were Created to Fight Rioters. But Police Probably Made Things Worse. 2020-07-29 Whenever the vicious portion of population shall be...

The term environmental social governance (ESG) investing is relatively new. As described in Forbes, [An] approach that is slowly on the rise is ESG activism, where an activist fund will take a position in the security of a company with the aim of campaigning to make its business better in terms of governance, less environmentally unfriendly and more socially responsible. But the concept of morally selective investing is not totally new, as it gained a good deal of...

Twenty-twenty marks the twenty-fifth anniversary of a book that has had an expanding influence on the public conversation about market competition. Robert Frank and Philip Cook’s 1995 The Winner-Take-All Society argued that there are an increasing number of markets in which small differences in performance give rise to enormous differences in rewards. As John Kenneth Galbraith described it in a review of that book, the consequence is that “the one who wins gets it...

With the development of the Austrian Business Paradigm and the Austrian Business Model, and tools such as the “Value Learning Process,” businesses of all kinds can utilize the deep insights of Austrian economics to further enhance how they facilitate value for their customers. John Boles — an avid listener of the Economics for Entrepreneurs Podcast — provides an example of how he applies these insights at his accounting firm. Here is a summary resource and a...