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So much of our time, energy, and resources have been sacrificed to the Global Warming Hysteria without subjecting the issue itself to rationality and logic. I intend to provide a logical step-by-step approach that may be used for evaluating just about any controversial issue, whether it be personal or worldwide such as global warming. Step One: Is

The Soviet empire started to crumble around 1989. The time period between the forming of the North Atlantic Treaty Organization (NATO) in the late 1940s and the retreat of Russia from Eastern Europe with the eventual collapse of communism in Russia is known as the Cold War. There was a great power confrontation in Europe that did not result in

Listen to  the  Audio Mises Wire  version  of this article. Do not believe government pronouncements that the economy is rebounding from very minimal damage caused by unprecedented covid-19-inspired closures of businesses. Government will use its favorite statistic of the health of the economy to justify its actions—gross domestic product (GDP).

Listen to  the  Audio Mises Wire  version  of this article. We all are too familiar with the approach to pandemics taken by governments at all levels in the US. In the name of “public safety” governments assumed “emergency powers” to restrict the citizens’ right to peaceful assembly (a violation of the First Amendment to the Constitution) and to

Government officials at all levels—federal, state, and local—feel impelled to adopt some sort of pandemic policy, from outright lockdowns to mandates for wearing masks under certain circumstances. It all seems quite arbitrary, because it is! I contend that defending natural human rights and using logic can guide us to adopting a proper pandemic

Government economic policy is completely backwards. We are told that massive deficit spending, interest rates driven to zero, and now higher taxes on the “rich” will bring the American economy out of the doldrums or whatever fake malady seems to be popular. It is hard to imagine an economy in the doldrums when unemployment, the scourge of mankind

The government and the mainstream media’s favorite economic statistic is gross domestic product (GDP). If GDP goes up, then the economy is doing well. If GDP shrinks, then the economy is doing poorly, or so it is assumed. It all seems so simple. But GDP tells us no such thing. The economy may be doing poorly when GDP rises. Likewise, the economy

Leaders of the Western democracies are unprepared to deal with the forces that will end the fiat dollar’s dominance as the preferred medium of international trade settlement, in place since the end of the Bretton Woods Agreement in 1971. The BRICS summit , currently taking place in Johannesburg, South Africa, is expected to include an agreement on

The common thread that connects failed societies, from Weimar Germany to the Soviet Union, is an almost pathological insistence on denying reality. Weimar Germany denied that masses of printed money would destroy civilized society. The Soviet Union insisted that Soviet Man would emerge spontaneously from the ashes of capitalist society. Weimar

A good definition of the tragedy of the commons is that “resources that are unowned and/or unownable will be plundered to extinction.” Consider the fish in the seas, especially those that migrate, such as whales, or may be found beyond any nation’s territorial waters. No one owns them and it may be impossible to own them. Therefore, fishermen are