China’s investment in scientific research and technology intimidates U.S. officials who fear that the former’s emergence as an innovation powerhouse could eclipse America’s dominance as the leader in cutting edge innovations. According to the US National Science Board in a politically charged report, America is trailing China in critical
Without carefully analyzing data media outlets continue to endorse the narrative that Britain’s policies drained India of resources and culminated in deindustrialization. Colonialism is a contentious subject and perceptions are shaped by visceral emotions, and hence dispassionate analyses are required to arrive at a logical conclusion. For
I must admit that I rarely pay attention to cancel culture because empty vessels are unworthy of my attention. As a professional guy, who is constantly working, researching, and preparing for my Youtube interviews, I can’t afford to indulge headless chickens. Currently, the world is fixated on the exodus of creators from Spotify to protest Joe
There is a sizeable body of research linking financial development to economic growth. A competitive financial sector is crucial for the strategic mobilization of resources in an economy. Investigations , however, have uncovered that Africa is suffering from a “financial development gap.’ This is because banking platforms in Africa operate
There is an emerging consensus in policy circles that programs tailored by multilateral agencies have failed in several developing countries. This has led some to conclude that Western models of development are incompatible with the reality of politics in the developing world. Agencies – like the World Bank, the World Trade Organization, and the
Some healthcare providers are refusing to treat unvaccinated Covid-19 patients. But is there really an argument for doing so? The claim is that unvaccinated patients are imposing an undue burden on the health system. However, the legitimacy of this claim fails to justify withholding treatment for unvaccinated patients. If the argument is that the
The decision of Western countries to punish Russia for invading Ukraine by lacing her with a wave of sanctions suggests that global leaders are failing to learn from history. Sanctions are an ineffective tool to curb the ambitions of rogue actors and they are unlikely to make autocrats think twice. Non-democratic regimes are already blacklisted
By now it should become obvious to observers that the decision to cancel historical figures in the West is driven by anti-white animus. The legacies of historical figures like Christopher Columbus and Thomas Jefferson can’t be discussed without activists arguing that they were problematic characters. Such figures are not judged as products of
In the debate on economic growth people usually confuse education with human capital - but there is a stark difference because the latter refers to know-how rather than mere theoretical knowledge. Mastering content suggests that one is educated, whereas human capital indicates the application of theory. A graduate with an engineering degree is
Prince William and his wife Kate Middleton recently concluded their tour of the Caribbean to celebrate the Queen’s platinum jubilee. Commentators contend that the trip was orchestrated to highlight the relevance of the monarchy in a region where the demand for Republican status is escalating. Though the visit was slated to be a cordial event
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.