Tag Archives: newsletter

No one was surprised last November when the Pentagon failed its sixth audit, serving up a sorry record of zero and six. The accomplishment received little mainstream media coverage. Scott Ritter excoriated his former employer (and mine) over the fraud, pointing out that the money wasted and the scope of the United States military activity is so massive, it is nearly incomprehensible to most Americans. Ritter points out that audits are done by accountants, and while...

In a 1922 essay about Lincoln’s Gettysburg Address in his book Prejudices: Third Series H.L. Mencken asked, “Am I the first American to note the fundamental nonsensicality of the Gettysburg Address”? One example of the nonsense of Lincoln’s rhetoric as explained by Mencken is as follows: “Think of the argument in it. Put it into the cold words of everyday. The doctrine is simply this: that the Union soldiers who died at Gettysburg sacrificed their lives to the cause...

Bob goes solo to give a point-by-point rebuttal to James Lindsay's recent essay arguing that "national divorce means national suicide." Bob argues that James employs inconsistent claims and ignores the tremendous economic boon to an independent Texas. James Lindsay's Article "National Divorce is National Suicide": Mises.org/HAP434a Bob's Book "Common Sense: The Case for an Independent Texas": Mises.org/HAP434b AntiWar.com Article on Gaza: Mises.org/HAP434c Scott...

Dieser Artikel erschient erstmalig im Nebelspalter am 23. März 2022. Es gehört zum Wesen von Prinzipien, dass sie auf Dauer angelegt sind und sich gegenüber dem Wandel des Zeitgeists als resistent erweisen müssen. Was die Schweiz zum Frieden beitragen könnte – und wie dieser aussehen müsste. Robert Nef Wer Prinzipien beharrlich vertritt, muss damit rechnen, dass er immer wieder als «jemand von gestern» und als Feind des Fortschritts hingestellt wird. Gegenwärtig haben die...

Angestachelt vom wütenden, bedauernswerten und bettelnden Selenskyj am WEF, riefen Markus Somm und Dominik Feusi letzte Woche in ihrem Podcast «Bern einfach» nach Bomben auf St. Petersburg, Kursk, Sewastopol, Krim und Moskau. Sie teilen Selenskyjs Sehnsucht nach Vergeltung und Eskalation. Sie wollen den Krieg nach Russland tragen, mit aller Kraft, mit aller Macht. Sie outen sich wörtlich als Kriegstreiber. Es gehe nicht anders, behaupten sie alternativlos. Sanktionen: Ein schädliches...

Wer waren Frédéric Bastiat, Ludwig von Mises, Friedrich August von Hayek, Murray Rothbard und Ayn Rand? Welche zeitlosen Erkenntnisse haben sie uns hinterlassen? Wie können uns diese dabei helfen, eine neue Perspektive zu gewinnen und mit heutigen Herausforderungen besser umzugehen? [embedded content] Auf die Teilnehmenden warten viele inspirierende Referate namhafter Experten, lebhafte Diskussionen in einem intellektuell anregenden Umfeld und diverse spannende Workshops. Das...

Overview: The US dollar is bid across the board and posting its best session of the month. It is up between about 0.5% (Canadian dollar) to almost 1.0% (Australian dollar) among the G10 currencies. Among the emerging market currencies, only the Russian ruble is holding its own. Approaching CNY7.20, the greenback is near two-month highs against the yuan. The dollar has been bolstered by rising US rates. The US two-year yield is up six basis points to near 4.20%,...

May 16–18, 2024:  Join Dr. Joseph T. Salerno, Dr. Thomas J. DiLorenzo, Dr. Jörg Guido Hülsmann, Dr. Joseph T. Salerno, Dr. Mark Thornton, and more for a conference in honor of the 75th anniversary of Human Action at our campus in Auburn. Space is limited. Register here.  There are many good reasons why those who aspire to learn and practice sound economics should read Human Action. However, the reader should approach the book with care and humility. For a book as...

Taxes are not a contractual obligation between the state and the individuals it governs. By definition, taxes are noncontractual debts in which the state is the creditor, and the payment of these debts is demanded through coercion and violence. While there may be taxes linked to the performance of certain economic activities (e.g., the sale of products), all forms of this economic policy share the characteristic of being indifferent to the consent of those...

Chinese Premier Li Qiang is visiting Switzerland this week. The official state visit by China’s second highest ranking official signals a renewal in Sino-Swiss ties and the kick-off of his “high-level exchange” with Europe. Here’s what you need to know about official Swiss-Chinese relations. Born in London, Simon is a multimedia journalist who has worked for www.swissinfo.ch since 2006. He speaks French, German and Spanish and focuses on science, technology and...