Slavery—Cronyism, Opportunity Cost, & Deadweight Loss
A modern misconception of antebellum slavery is that it “built the country.” Actually, the institution of slavery, economically speaking, was a deadweight
Stakeholder Capitalism and the Corporate KPI Cult
Political activists in corporate America invented the “key performance indicators” (KPIs) which make us less productive and are essentially God‘s gift to
Economists and the State: From Enemies to Friends
The state and its friends reject the scarcity principle and uphold its polar opposite, the Santa Claus principle.
Nock’s Enemy, the State
There are two ways in which people in a community can coexist. One is by peaceful cooperation, and the other is by
The Misesian, vol. 1, no. 6, 2024
Another national election has come and gone. Unfortunately, though, opposition to the status quo is not the same thing as support for
The Second Trump Term and the “Sanctions Industrial Complex”
Washington has wielded the sanctions weapon against nearly a third of all nations on earth. It is time to rethink these policies,
Printing Power: The Central Bank and the State
Ready and generous deficit financing is key to state power. This was most recently evident in the gigantic deficits of the covid
Reform or Rupture: A Second Trump Administration’s Approach to the Sanctions Industrial Complex
Washington has wielded the sanctions weapon against nearly a third of all nations on earth. It is time to rethink these policies,