Category: News

A government that rules by imposing politically-oriented statutes upon its citizens cannot lay claim to governing by “rule of law.” Hayek understood that claiming “legality” to anything the state does is a sure road to tyranny.

Original article: https://mises.org/mises-wire/why-hayek-rejected-mere-legality

Although most political attention is focused on the US presidency, James Bovard pleads guilty to contempt of Congress. This is the Congress that is spending and borrowing the country into financial oblivion, but never taking the blame for the results.

Original article: https://mises.org/mises-wire/my-46-years-contempt-congress

Reich, Elizabeth Warren, and other leftists never address the root cause of what they correctly diagnose as excessive corporate power: the Federal Reserve.

Original article: https://mises.org/power-market/robert-reichs-blind-spots-elephant-progressive-lefts-room

Innovations aren‘t very useful unless they serve consumers in the marketplace. Otherwise, we‘re pursuing innovation for its own sake, and that isn‘t progress.

Original article: https://mises.org/mises-wire/intellectual-property-innovation-should-serve-consumers-not-producers

American corporations are lavishing billions of dollars on leftist groups in the name of “equity.” But many of them are also donating to even more questionable people and causes.

Original article: https://mises.org/mises-wire/putrid-underbelly-woke-capitalism

The Efficient Market Hypothesis claims that financial markets process information immediately and correctly. However, since the EMH is based upon unrealistic assumptions, we also have to question the efficacy of this hypothesis, especially when central banks intervene in the markets.

Original article: https://mises.org/mises-wire/do-financial-markets-operate-upon-superior-knowledge