Wokeness may now be a public relations strategy—a method of appealing to the moral sensibilities of the upper-middle-class woke American consumer. Original Article: "Why America's Oligarchs Are Moving Left" This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.
Once a society embraces the division of labor, direct exchange becomes increasingly infeasible. Without money, specialization is constrained; without money, dreams of constructing an advanced society are merely a utopian pipe dream. At its core, money is the lubricant for human relations. It simultaneously solves
Recently, a comment made by a BJP MP from Alipurduar, John Barla, has conjured up a storm in West Bengal. On 13th June, John Barla demanded the formation of a Union Territory in North Bengal. This has, yet again, led to political unrest in the
The concerns about a bubble implies those shopping for a new home are wondering if they are walking into a trap. Home prices have soared and no one wants to buy at the top. Original Article: "With Home Prices Soaring, Shoppers Fear Buying at the Top
In the fall of 2016, I was a left communist. As I will show below, I came to this position after a circuitous tour through numerous sects of Marxism. A year later, I had thoroughly renounced Marxism and embraced the views of free market economists
Browsing through history, we can identify several examples of states overcoming the hurdles of geography to achieve great feats. Though the plague of an inhospitable geography is not an insurmountable obstacle to development, it remains crucial to understanding disparities in income across countries. However, some
Entrepreneurs seek to provide markets with new value through innovation wherever they can identify an opportunity. Their vision is broad enough to include free market institutions such as contracting, where they identify new and better ways to expand the mutuality of value and better relationship
The comparison has by now been made so often that it may qualify as a platitude. I mean that between stablecoin issuers and "wildcat" banks, the fly-by-night scams that supposedly flooded the antebellum United States with notes nominally worth some stated amount of gold or
What is noteworthy about the depressing title to this article is its source. In a case of uncommon candor, President Biden’s economic team has announced that once the artificially high, stimulus-juiced GDP (gross domestic product) measurements of the next two years subside, the United States will experience
The turn of this decade was the worst of times, as COVID-19 was declared as a global pandemic by the World Health Organization. It forced countries into lockdowns, pushed healthcare systems beyond their limits, and tested our ability to withstand change at a speed and