Opinion

The Psychological Basis of the Opposition to Economic Theory

[This article is excerpted from chapter 6 of Epistemological Problems of Economics] Subjectivist economics would be guilty of an omission if it did not also concern itself with the objections that have been raised against it from political and factional standpoints. There is, first of all, the assertion that the subjective theory of value is “the class ideology of the…

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Opinion

Texas Ended Lockdowns and Mask Mandates. Now Locked-Down States Are Where Covid Is Growing Most

Early last month, Texas governor Greg Abbott announced he would end the state’s mask mandate and allow most businesses to function at 100% capacity. The response from the corporate media and the Left was predictable. California governor Gavin Newsom declared the move “absolutely reckless.” Beto O’Rourke called the GOP a “cult of death.” Joe Biden called the move “neanderthal thinking.”…

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Opinion

Scott Horton on Osama Bin Laden's Strategy to Take Down the US

Scott Horton comes back on the show to discuss his new book, Enough Already: Time to End the War on Terrorism. He and Bob largely focus on Osama Bin Laden’s strategy for drawing the U.S. into unwinnable wars. They also discuss the role of Israel in U.S. foreign policy. Mentioned in the Episode and Other Links of Interest: The YouTube…

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Opinion

Polarization in Washington Is Forcing Politicians to Decentralize

Can political polarization be used for good? The average political commentator often argues that unity is the highest virtue for any polity. Polarization is constantly lamented and is perceived as a sign of a deteriorating political environment. In fairness, a polarized political climate is not exactly hospitable toward productive political discourse. Against the backdrop of a divided culture, politics tends to…

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Opinion

State Legislatures Are Finally Limiting Governors' Emergency Powers

The covid-19 lockdowns have unexpectedly brought into clear view the fact governors wield immense power over the daily lives of Americans. Some state legislatures have moved to limit this power. Better late than never.  Original Article: “State Legislatures Are Finally Limiting Governors’ Emergency Powers​“ This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.   Source:…

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Opinion

A Jobless Recovery Is Coming to Europe

The International Monetary Fund has published its April outlook for the global economy. It has been hailed by most commentators due to the strong upgrade in GDP recovery. The report states that “global growth is projected at 6% in 2021, moderating to 4.4% in 2022. The upward revision reflects additional fiscal support in a few large economies, the anticipated vaccine-powered recovery in…

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Opinion

Auntie Maxine Waters rides again

Good old “Auntie Maxine” as California Rep. Maxine Waters apparently likes to be called, has put in peril a judicial process meant to show Americans that we can trust the jury system when it comes to police officers accused of serious crimes. Prior to the now-known Derek Chauvin verdict — … Source: Tammy Bruce  2 total views

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Opinion

Elections in the Bicameral Congress

[Chapter 14 of Rothbard’s newly edited and released Conceived in Liberty, vol. 5, The New Republic: 1784–1791.] The nationalists who went into the convention agreed on certain broad objectives, crucial for a new government, all designed to remodel the United States into a country with the British political structure. They had the ultimate advantage of any group that knows what it wants in…

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Opinion

How a Voluntary Society Would Handle Blockades and Immigration

Bob elaborates on two ideas he had when he wrote his novel “Minerva” in grad school. Mentioned in the Episode and Other Links of Interest: Bob’s archives at Strike the Root, which contain the serialized version of Bob’s novel, Minerva. (Note that the HTML formatting is incorrect for some characters, such as the em-dash turning up as an apostrophe.) A…

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Opinion

Biden's Big Spending Plans Will Not Revive the Economy

On March 11, 2021, US president Biden introduced his $1.9 trillion covid-19 stimulus plan. The president also announced a plan of more than $2 trillion to rebuild US infrastructure, which includes repairing roads and bridges, as well as expanding access to long-term care services under Medicaid, building schools, and expanding internet access across the US. It is commonly accepted that during difficult…

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Opinion

Pete Farner on Investable Businesses and Investable Entrepreneurs

Veteran venture capital investor Pete Farner distills experience from four decades of entrepreneurship and investing on the Economics For Business Podcast #114. Passion, perseverance and intelligence are the three critical attributes he looks for in investable entrepreneurs, an insight drawn from a broad survey that we summarize here. Key Takeaways 1. The entrepreneurial mindset develops in youth. It is averse to…

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Opinion

If the Nordic Countries Are Socialist, So Are These Less-Impressive Countries

Have you ever noticed that it’s only the wealthy Nordic countries that are singled out as being “socialist”? Places like Greece and Italy, which are more socialistic than Scandinavia, never seem to warrant a mention on this topic.  Original Article: “If the Nordic Countries Are Socialist, So Are These Less-Impressive Countries​“ This Audio Mises Wire is generously sponsored by Christopher…

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Opinion

The Sword of Damocles Hangs over Every Property Owner

Cicero wrote of a king by the name of Damocles. He served in the court of Dionysus, and after acknowledging his envy of Dionysus’s lifestyle, Dionysus challenged him to try taking on the lifestyle for himself. At first, Damocles is taken by the royal lifestyle; however, during one of his feasts, Dionysus hung a sword above Damocles that was held by a…

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Opinion

Texas May Ban Sex Changes for Minors as ‘Child Abuse,’ Prohibit Males in Girls’ Sports

Texas lawmakers are considering bills to ban “sex change” procedures for children and prohibit gender-confused males from playing in girls’ sports. SB 1646, a bill heard in committee in the Texas Senate last week, would redefine the state’s child abuse laws to include “administering, supplying or consenting to provide” “gender transitioning or gender reassignment” procedures to […] The post Texas May…

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Opinion

The Enemy Is Always the State

The web loves nothing more than a good brawl, so people often write me to ask me to respond to a critic of LRC or the Mises Institute. There’s certainly no shortage of them, and they come from the Left, the Right, and everything in between. My first thought on the request is that the archive speaks for itself, and…

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Opinion

Sermon – Battle of Lexington – 1776

Jonas Clark (1730-1805) Biography: Jonas Clark was born on Christmas Day in Lexington, Massachusetts. He graduated from Cambridge University at the age of 22 and was ordained as a minister three years later. While serving as a minister, he also worked a farm of 60 acres in order to supply his family with food. He […] The post Sermon –…

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Opinion

Who's to Blame for Normalizing One-Man Rule?

Who’s to blame for normalizing one-man rule? If there is one thing the American system of government was designed to prevent, it is the tyranny that results when a single person, like a king, has the power to both write and enforce the law. So, what explains the fact that Nevada has now entered a second year of one-man rule,…

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Opinion

Biden's Amtrak Infrastructure Scam

When he was in the US Senate, President Biden was famous for taking Amtrak home to Wilmington, Delaware, each night and he often was called “Amtrak Joe” for his enthusiasm about passenger rail. Indeed, people who live in the Northeast Corridor from Washington to Boston find rail travel—whether it be from Amtrak or other passenger lines—to be a regular part…

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Opinion

The Problem with "Just Do What the Cops Say and You Won't Get Hurt"

New evidence has emerged in the case of 73-year old Karen Garner, an 80-pound woman with dementia and sensory aphasia. Newly-released video shows Garner was beaten to the point of having her arm broken and her shoulder dislocated while being arrested for an alleged attempted theft of $13.88. In June 2020, Garner, had apparently attempted to leave a Wal-Mart in Loveland, Colorado with…

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