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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With the end of Syria’s secular regime comes yet another devasting blow to the dwindling communities of Christians in the Levant and the Middle East overall.
With the end of Syria’s secular regime comes yet another devasting blow to the dwindling communities of Christians in the Levant and the Middle East overall.
Gaza was always a ghetto, which came in handy for preparing the local population for liquidation after October 2023.
A central doctrine of the Keynesian system is the “liquidity trap” in which consumers hold money in anticipation of higher interest rates. The act of holding money allegedly promotes “underconsumption,” continuing the economic downturn. This doctrine, however, cannot withstand scrutiny.
Not all news from the gold and monetary fronts is bad. In fact, gold made a number of advancements in seven states, including exemptions from taxes and attempts by states to restrict Federal Reserve behavior. Gold is alive and well.
The watchword among progressives this election season is: “Nothing less than our democracy is at stake.” In truth, democracy itself is not in danger, but one can accurately say that “democracy,” as practiced in the US, endangers our lives.
Buchanan and Tullock‘s The Calculus of Consent influentially applies economic ideas to politics, focusing on methodological individual. However, there are a few pitfalls about which readers should be aware.
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.