In this week’s column, I’d like to continue discussing Graham Priest’s unusual book Capitalism: Its Nature and Its Replacement. Priest uses ideas he gets from Marxism and Buddhism to criticize capitalism. Last week, I said that Priest has interesting things to say about Marxism but
Adam N. Michel Policymakers across the political spectrum and around the world are concerned about global profit shifting—whereby multinational businesses artificially shift paper profits between countries to lower their effective tax rates and erode the domestic tax base. These concerns have motivated decades-long policy initiatives
On this episode of Good Money with Tho Bishop, Connor O'Keeffe joins the show to talk about his recent work on the Mises Wire. Tho and Connor discuss the role government incompetency played in the horrific tragedy of the Maui wildfires, as well as the
The regime has increasingly been consumed with paranoia over threats to itself—propagandistically termed "threats to democracy"—while real crime against private citizens is clearly not a priority at all. Original Article: "The State Protects Itself While Crime against Ordinary People Surges"
China is taking bold actions and creating a new paradigm on the world stage. For about a decade, Beijing has been responsible for developing new trade networks; the famous Belt and Road Initiative has been analyzed extensively. Their trade networks are growing ever deeper, with
As violent crime rates rise and unsolved homicides become more common, Many ordinary voters have noticed that the regime doesn't seem especially interested in investigating and prosecuting actual dangerous criminals. At the same time, the regime appears increasingly paranoid about "antidemocratic" activities and other alleged
The simplest action of economics—beneficially mutual voluntary exchange—is also its most profound. People serve each other while improving their own lot in life. Original Article: "The Simplicity and Significance of Mutual Economic Exchange"
Warren Buffett, renowned as the “Oracle of Omaha,” emerges as a towering figure among the most celebrated and accomplished financiers in modern times. Throughout his illustrious career spanning numerous decades, he has accumulated unrivaled wealth, garnering an esteemed reputation in the financial realm. Presently, he
Adam N. Michel Last night, eight Republican presidential hopefuls faced one another on stage to vie for primary voters’ support. The debaters discussed the economy, foreign policy, education, crime, abortion, and climate change. Despite a few passing mentions, tax policy was almost entirely absent. This absence is
Ryan and Tho examine how the US regime is in the midst of its latest panic over public faith in the state's legitimacy. This is why we keep hearing about misinformation, insurrection and "threats to democracy." Recommended Reading "'Antidemocratic' Just Means 'Something the Regime Doesn't Like.'" by Ryan McMaken: Mises.org/RR_148_A "Seditious Conspiracy