In the words of the Justin Raimondo: “All foreign policy is domestic policy,” and this was never truer than of the events surrounding the “loss of China” and the plunging of the United States into war.
Politics
The world is awash in debt bubbles, but politicians continue to spend, which requires even more central bank intervention—and more bubbles. Max Rangeley has edited The Age of Debt Bubbles, which details the dangers we face and how to stop the current madness.
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Long before the term “Critical Race Theory” was coined, Ludwig von Mises already was critiquing what he called “racial polylogism,” which claims that what passes for truth depends upon racial identity. While people might hold different perspectives, truth still is truth.
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Wage differences between men and women often are automatically attributed to sex discrimination against women. However, as research has shown time and again, other factors are at work.
Progressives blame the free market for insulin prices and want to impose price controls. But, government regulation is to blame.
Historical revisionism is nothing new, and recent attempts to label an “antiracist” approach to history have wrongly been called “revisionist.” To better understand revisionism, one must first be grounded in reality, then apply reality-based thought to studying the past.
Birkin bags are pricey and the producer restricts its potential buyers. Unfortunately, disgruntled customers who don’t want to follow the company’s rules are now appealing to US antitrust law.
Employing the Labor Theory of Value, Marx claimed that entrepreneurial profits arise from exploitation of workers. In reality, entrepreneurs earn profits when they correctly gauge markets. Exploitation has nothing to do with it.