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If One Wishes to Discredit Capitalism, One Should at Least Understand How It Works

  • February 10, 2024

Scott R. Sehon tries to be intellectually honest in his critique of capitalism and his endorsement of socialism, but David Gordon writes that Sehon needs to better...

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Are Free Markets More Dangerous than Regulated Markets?

  • February 10, 2024

Is the regulatory choice a tradeoff between safety or “breaking a few eggs” via free markets? The logic of allowing for free and unhampered markets is compelling....

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New Jobs Report: Full-Time Jobs Disappear as Fewer Americans Find Work

  • February 10, 2024

According to a new report from the federal government’s Bureau of Labor Statistics last Friday, the US economy added 353,000 jobs for the month of January while the...

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Fed Wisdom and the Magnificent Seven

  • February 10, 2024

In this week’s episode, Mark takes a quick look back at Fed wisdom in the year 2000, and then surveys today’s stock market—and, in particular, the Magnificent Seven...

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Do We Really Want to Go There? A Michigan Jury Endorses Vicarious Criminal Liability

  • February 10, 2024

A Michigan jury this past week convicted Jennifer Crumbley of “involuntary manslaughter” after her then-fifteen-year-old son Ethan shot and killed four of his classmates at Oxford High...

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The Fed Claims the Banking System is “Sound and Resilient.” The Banks’ Balance Sheets Say Otherwise

  • February 10, 2024

The wordsmiths at the Federal Reserve wisely omitted the line about a “sound and resilient” banking system in its statement on January 31. That same day shares...

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What Can We Learn from the Latest Pentagon Audit? Both Plenty and Not Much

  • February 9, 2024

No one was surprised last November when the Pentagon failed its sixth audit, serving up a sorry record of zero and six. The accomplishment received little mainstream...

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“Nonsense on Stilts”: The Rhetorical Cornerstone of the American Welfare/Warfare State

  • February 9, 2024

In a 1922 essay about Lincoln’s Gettysburg Address in his book Prejudices: Third Series H.L. Mencken asked, “Am I the first American to note the fundamental nonsensicality of the...

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Responding to James Lindsay’s Critique of “National Divorce”

  • February 9, 2024

Bob goes solo to give a point-by-point rebuttal to James Lindsay’s recent essay arguing that “national divorce means national suicide.” Bob argues that James employs inconsistent claims...

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The Dangerous Consequences of the German Historical School

  • February 9, 2024

Ludwig von Mises spends a good deal of time attacking the German Historical School of Economics in Human Action and other works. The doctrines of the school...

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