Tag Archives: 6b) Mises.org

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...

[unable to retrieve full-text content]The New York Times managed to find some young people whose silver spoons provide a sour taste in their mouths. To hear them talk, their good fortune is making them sick. 

The 2020 election failed to live up to the projections of many pollsters and Democratic strategists . The predicted landslide failed to materialize, and the Democrats lost seats in the House. This means in 2022 the Democrats will be defending a razor-thin majority in the House—a majority they’re almost certain to lose in a mid-term election if Biden is the final victor. The Democrats did well. But not that well. Nonetheless, Nancy Pelosi, in the days following the...

[Editor’s Note: This is a selection from “On Political Power and Personal Liberty in The Prince and The Discourses” from the spring 2014 issue of Social Research.] Although liberty is a recurring concern in Machiavelli’s writings, there is no consensus regarding either the definition of the concept or its relevance for his overall political thought. One direction of Machiavellian interpretation that has gained prominence in recent decades has focused on the concept...

[From “The Exhaustion of the Reserve Fund” in Human Action, chap. 36.] The idea underlying all interventionist policies is that the higher income and wealth of the more affluent part of the population is a fund which can be freely used for the improvement of the conditions of the less prosperous. The essence of the interventionist policy is to take from one group to give to another. It is confiscation and distribution. Every measure is ultimately justified by...