Mises Search

Unjust discrimination can be costly for businesses and the broader economy. Businesses that refuse to hire applicants based on traits like sex and race limit society’s ability to harness human capital to produce innovations. Economies perform best when labor and capital are efficiently allocated to the right sectors. Hence, societies that penalize

Money laundering is the process of concealing the source of funds derived from illicit activities to present a veneer of legitimacy. According to the United Nations Department of Economic and Social Affairs, yearly money laundering flows account for 2.7 percent of global gross domestic product ( GDP ). Therefore, countries are investing in

The mishandling of the covid-19 pandemic by global elites has severely eroded confidence in expert opinion. New information is emerging that senior officials doubted policies that were foisted upon the American public. By sharing the results of his deposition with Dr. Anthony Fauci, Missouri attorney general Eric Schmitt  exposed  Fauci’s advocacy

Quite often, the hot-button issue of income inequality is caricatured as an outcome of capitalism rather than as a characteristic of all societies across time. Critics of capitalism have a rather romantic version of precapitalist societies. This error stems from a misunderstanding of human societies in general. Inequality is a permanent fixture in

The spectacular success of Chinese entrepreneurs in multiple regions across the globe has produced a litany of studies . Surprisingly, Chinese immigrants have done remarkably well despite enduring economic constraints and discrimination in foreign countries. Throughout the world, the Chinese are legendary for their prominence in the retail sector

Myths are crucial for nations to develop a sense of identity and civic pride. In many countries, national myths are centered around the charisma of heroes. Heroes are depicted as phenomenal individuals who uplift society through their determination and self-sacrifice. An empirical survey conducted by Scott T. Allison and George R. Goethals

Lacking a solid team is a recipe for organizational failure, and those intending to excel in business—or any other sector—must invest in management. Considering that many professional athletes encounter bankruptcy shortly after retiring, they are a demographic that could greatly benefit from quality financial management teams. Elite athletes earn

The blockbuster film The Woman King has resurrected the myth that slavery furnishes wealth. While irate critics argue that the film downplays the fact that the Dahomey Empire derived its wealth from slavery, however, this observation wrongly conflates political success with human flourishing. The state and individual are two distinct entities, and

The “new history of capitalism” (NHC) continues to receive widespread acclaim despite mounting inaccuracies. Although critical reviews have punctured adherents ’ arguments many still cling to wrongheaded assumptions that exaggerate the role of slavery and cotton in powering America’s economic progress. Several industries were complicit in fueling

Nothing illustrates the demand for America more than the wave of immigrants risking their safety to enter its shores. Readers are fed a daily diet of negative stories about America’s impending collapse; however, alarmist tendencies conceal the complexity of the American experience. America excels at attracting citizens from across the globe due to