Economic Indicators

Why Biden’s Vaccine Mandate Hasn’t Delivered the Promised Results

What would the effect of a 100 percent vaccination rate be on the virus? Contrary to claims, the virus will not disappear. The next outbreak would occur within a year with 100 percent breakthrough cases with a vaccine-resistant strain. Original Article: “Why Biden’s Vaccine Mandate Hasn’t Delivered the Promised Results“ This Audio Mises Wire is […]

Economic Indicators

Biden’s Infrastructure Plan Points to Even More Price Inflation

An additional—and quick—$1 trillion spending boost in energy-intensive and material consuming industries is likely to create new problems in terms of inflation and supply shortages. Original Article: “Biden’s Infrastructure Plan Points to Even More Price Inflation“ This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.

Economic Indicators

The REAL ID Means a Real Leviathan

The annoyance of government edicts, no matter how petty, challenge my emotional equilibrium in a manner different from the various vagaries of life. Sure, I do not want to experience something such as a flat tire, but neither do I want to deal with pointless tasks required to satisfy a whim of the state, though, […]

Economic Indicators

OPEC Can’t Make High Oil Prices Go Away

High oil prices are a symptom of economic and monetary imbalances, not just a consequence of Organization of the Petroleum Exporting Countries (OPEC) decisions. Throughout history, we have seen how OPEC cuts have done little to elevate prices when diversification and technology added to rising efficiency. Likewise, OPEC output increases do not necessarily mean lower prices, […]

Economic Indicators

Military Conscription Is a Tool for Centralization, State Building, and Despotism

Support for federal conscription is contrary to principles of decentralization or a “limited republic.” Early Americans would have viewed this Jacobin-inspired scheme with dismay and fear. Original Article: “Military Conscription Is a Tool for Centralization, State Building, and Despotism“ This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.

Economic Indicators

A Fat, Comfortable Military Is a “Woke” Military

The US military’s turn to “wokeness” is a result of decades of high military spending and public deference toward military “experts.” That gave us a military that is overfunded and highly political. Original Article: “A Fat, Comfortable Military Is a “Woke” Military“ This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael […]

Economic Indicators

Nation and Nationality

The Nation as Speech Community The concepts nation and nationality are relatively new in the sense in which we understand them. Of course, the word nation is very old; it derives from Latin and spread early into all modern languages. But another meaning was associated with it. Only since the second half of the eighteenth […]

Economic Indicators

“Going Cashless” Isn’t as Easy as It Seems

Many economic commentators are in favor of phasing out cash. They are of the view that cash provides support to the shadow economy and permits tax evasion. It is also held that in times of economic shocks that push the economy into a recession the rising demand for cash exacerbates the downturn—it becomes a factor of […]

Economic Indicators

The Criminality of the State

[This essay first appeared in the American Mercury in March 1939.] As well as I can judge, the general attitude of Americans who are at all interested in foreign affairs is one of astonishment, coupled with distaste, displeasure, or horror, according to the individual observer’s capacity for emotional excitement. Perhaps I ought to shade this […]

Economic Indicators

Has the Rise of Socialism in US Politics Been a Boon to Austrian Economics? Evidence from Social Media and Other Metrics

Abstract: The rise of socialism has been one of the more dramatic movements in US politics in the modern era, with recent Gallup polling indicating that 39 percent of Americans (and 65 percent of Democrats) hold a favorable view of the political economic ideology. Upward trends in the popularity of political economic ideologies such as […]