Once again, the Trump administration’s “dealmaking” on international trade has blown up, this time pulling the rug from under US soybean farmers. This isn’t the first trade policy fiasco, nor will it be the last.
The concept of “planned obsolescence” makes no economic sense and is often an excuse for governments to harass and shake down innovative entrepreneurs. Much of so-called planned obsolescence is really entrepreneurship at work improving products for users and consumers.
It’s the master of public health awardees who are running public health. An MPH is a two-year degree which does not require you to have any prior training in health, in biology, or in medicine. It’s primarily focused on the use of big data and statistical analysis.
The governmental response to the covid pandemic was to cripple the economy. To compensate for the damage, the Federal Reserve unleashed massive inflation in an attempt to do what the Fed always does in a crisis: bail out the economic actors.
The people of Iran suffer not only from authoritarian rule, but they also are victims of an economy in which the authoritarian rulers engage in central economic planning that is destroying the economy. It’s an economy based upon plunder, not production.
“I see that you are preparing the groundwork for supporting Nixon,” Rothbard wrote Meyer. “Again, for shame! Is this what conservative principles are coming down to...?"
There have been four gold busts under the fiat dollar money regimes since the “freeing” of the gold price in March 1968. Will the current gold boom end in a similar bust?
While Murray Rothbard opposed the communist system, he also recognized that Cuba was no threat to the US militarily or economically. That is why he believed the US must recognize Cuba's government and permit trade and travel between the two countries.
While it is true that one cannot create entrepreneurs in a classroom setting, it still is important that people how entrepreneurship works. No one explains entrepreneurship better than Austrian economists.
The US Constitution as originally written and understood no longer exists. The first wave of “progressives” reinterpreted it to their liking before later generations of progressives finished the job.
