Proponents of Forced Vaccines Want You to Think Healthcare Is a Communal Resource

Robert Zumwalt

One narrative currently being circulated in support of vaccine mandates is that unvaccinated people will cause an undue strain on the healthcare system because they are more likely to contract covid-19 and take up hospital beds that could be used for other people. Presumably, by “other people” they mean those who took the vaccine like they were told to do.

What the New Nobel Winners Get Wrong about Economics

Frank Shostak

This year’s Nobel Prize in economics was awarded to David Card of the University of California, Berkeley, Joshua Angrist of Massachusetts Institute of Technology, and Guido Imbens of Stanford University. The laureates, according to the Nobel Committee have made an important contribution as to how to ascertain cause and effect from observational data.

We’re Living in a Chaos Economy. Here’s How to End It.

Mark Thornton

The Federal Reserve has been increasing the money supply at an explosive rate. The federal budget, deficits, and the trade deficit are record levels. Governments, both foreign and domestic, have locked down people, restricting production and consumption. How should this be viewed by an economist?

Why Nazism Was Socialism and Why Socialism Is Totalitarian

George Reisman
My purpose today is to make just two main points: (1) To show why Nazi Germany was a socialist state, not a capitalist one. And (2) to show why socialism, understood as an economic system based on government ownership of the means of production, positively requires a totalitarian dictatorship.

The Postpandemic World Is One of Widespread Dependence on Government

Per Bylund

The state strives for power, and what grants power is fear and dependence. The state is making people dependent on it, both as means for control and as an outcome of many policies intended to provide relief.

“The Great Reset” Is the Road to Socialism Mises Warned Us About

Tho Bishop

Through the sheer power of his intellectual output, Ludwig von Mises established himself as one of the most important intellectuals of the twentieth century. His work Human Action remains a foundational text of the Austrian school. His critique outlining the impracticality of socialism was vindicated with the fall of the Soviet Union and remains without a serious intellectual challenge today.

Vaccinate for Global Democracy? The US Empire Turns Therapeutic

Alice Salles

(Originally posted on Mises.org)

After twenty years of failure in Afghanistan, the US government is embarking upon yet another unwinnable war. This time around, however, the military-industrial-congressional complex isn’t pulling the strings.

Inflation Is Killing the Recovery

Daniel Lacalle

(Originally posted on Mises.org)

Last week, Ned Davis Research published a note titled “Turns Out, Growth Looks like It Was Transitory—Inflation Is More Sticky.” There are many factors that show us that consumers and salaries are being eaten away by inflation, leading to an abrupt halt in the recovery. Autos and new home sales plunged, real disposable personal income has plummeted, and real median wage growth is lower than inflation.

The Public Health Officials Say “Trust Us.” The Data Says Otherwise.

Anthony Rozmajzl

(Originally posted on Mises.org)

I hate to be the bearer of bad news, Ben Shapiro, but feelings trump facts when it comes to covid-19. This is thanks entirely to the love triangle forged between the corporate press, government officials, and tech giants whose sinister and divisive campaign of fear and censorship spawned a reaction so virulent that society was upended in a matter of weeks for a virus with a 99 percent plus survival rate.

A Global Fiat Currency: “One Ring to Rule Them All”

Thorsten Polleit

1.

Human history can be viewed from many angles. One of them is to see it as a struggle for power and domination, as a struggle for freedom and against oppression, as a struggle of good against evil.

Is an Educated Population Really Necessary for Innovation and Growth?

Lipton Matthews

(Originally posted on Mises.org)

Lamentations that the waves of innovation are receding have engulfed policy circles. Distinguished economist Robert Gordon avers that the days of transformative innovations are over. Like Peter Thiel, he is disappointed at the incremental nature of modern-day inventions. The declinist thesis is predicated on the assumption that groundbreaking innovations like the steam engine, electricity, and the telephone are becoming exceedingly rare. Educing evidence to prove this observation has been quite easy, but we are less astute at understanding why innovation is declining.

Before a Bust, There Is Always a Boom (and Malinvestment)

Frank Shostak

(Originally posted on Mises.org)

For most commentators lending is associated with money. However, is this the case? When a saver lends money, what he/she in fact lends to a borrower is final consumer goods that he/she did not consume. Therefore, what a lender lends to a borrower is savings and not money as such. 

Vaccine Mandates: Who Will Comply, and Why?

Jovana Diković

(Originally posted on Mises.org)

The presumption of venality, as it is inscribed in new measures against the pandemic, is extremely interesting, at least from an anthropological point of view. The measures implemented over large parts of Europe include, most notably, covid certificates. Elsewhere, in addition to covid certificates there has even been an incentive for games of chance among those who are vaccinated. The purpose of covid certificates is to make the life of the unvaccinated more difficult and hence to exert additional pressure toward vaccination. The main assumption is that if people feel their quality of life is impaired (through an inability to go to restaurants, theaters, to attend or take part in sporting activities, and so on) then this response would be the easiest way out. Surely, they will act as expected and get the vaccine.

9/11 Was a Day of Unforgivable Government Failure

Ryan McMaken

(Originally posted on Mises.org)

Perhaps more than anything else, the rationale given for the necessity of the state—and the necessity of supporting the regime at any given time—is that it “keeps us safe.” This permeates thinking about government institutions at all levels, from “thin blue line” sloganeering at the local level, all the way up to jingoism surrounding the  Pentagon.

Biden’s Vaccine Mandates: It’s about Power

Ryan McMaken

(Originally posted on (Mises.Org)

The Biden administration on Thursday announced sweeping new mandates. The new mandates require that all employers with more than one hundred workers require workers to be vaccinated or to test for the virus weekly. The mandates also require covid vaccinations for the 17 million workers at health facilities that receive federal Medicare or Medicaid. Moreover, vaccines are mandated for all employees of the federal government’s executive branch, and for all contractors who do business with the federal government. There is no option to test out in these cases.

A Legacy of Corruption in the FDA and Big Pharma

Liam Cosgrove

(Originally posted on Mises.org)

Our healthcare system is broken, a fact nobody would have disputed in precovid days. Regulatory capture is a reality, and the pharmaceutical industry is fraught with examples. Yet we trusted private-public partnerships to find an optimal solution to a global pandemic, assuming a crisis would bring out the best in historically corrupt institutions.

Against Biden’s Mandates

The Editors

(Originally posted on Mises.org)

We oppose President Biden’s lawless and authoritarian new mandates announced yesterday. We also denounce his divisive rhetoric toward unvaccinated Americans, his reckless antipathy for federalism, and his threats to usurp state governors.

Democracy’s Road to Tyranny

Erik von Kuehnelt-Leddihn

(Originally posted on Mises.org)

Plato, in his Republic, tells us that tyranny arises, as a rule, from democracy. Historically, this process has occurred in three quite different ways. Before describing these several patterns of social change, let us state precisely what we mean by “democracy.”

Fiat Money Economies Are Built on Lies

Thorsten Polleit

(Originally posted on Mises.org)

Now and then, it pays to take a step back to get a broader perspective on things, to look beyond the daily financial news, to see through the short-term ups and downs in the market to find out what is really at the heart of the matter. If we do that, we will not miss the fact that we are living in the age of fiat currencies, a world in which basically everything bears their fingerprints: the economic and financial system, politics—even people’s cultural norms, values, and morals will not escape the broader consequences of fiat currencies.

The Roots of “Anticapitalism”

Erik von Kuehnelt-Leddihn

(Originally posted on Mises.org)

In many minds, “capitalism” has come to be a bad word, nor does “free enterprise” sound much better. I remember seeing posters in Russia in the early nineteen-thirties depicting capitalists as Frankenstein monsters, as men with yellow-green faces, crocodile teeth, dressed in cutaways and adorned by top hats. What is the reason for this widespread hatred for capitalists and capitalism despite the overwhelming evidence that the system has truly “delivered the goods”? In its mature stage it indeed is providing, not just for a select few but for the masses, a standard of living cordially envied by those bound under other politico-economic arrangements. There are historic, psychological and moral reasons for this state of affairs. Once we recognize them, we might come to better understanding the largely irrational resentment and desire to kill the goose that lays the golden eggs.