Executive Magazine
A contrarian analysis and comment
Photo Credit: Greg Demarque
After a year of living face to face with SARS-CoV-2, it is high time to recognize the relationship existentially and give credit where credit is due. The coronavirus is confronting our species with questions and challenges that we never have consciously dealt with. For starters, humankind has not really inquired in the past if a virus had equal existential standing to us or might be superior to us in any way. We furthermore neglected to discuss if such an organism must be respected as a being with inherent inhuman qualities, dignity, rights and feelings.
President s Impact Report — First Quarter 2021
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GDP Numbers Can Hide Real Economic Damage
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Readers of the
Mises Wire are no doubt familiar with the negative consequences of central banking and the inflationary capacity of fiat currency and how such a system drives malinvestment and leads to boom-bust cycles. Not only does the business cycle lead to the misallocation of resources from their natural ends of the structure of production, but it also drives resources into financialization, rather than the “real” economy. This financialization, which has been taking place since at least the First World War, has served, over time, to structurally undermine the morality of property in the eyes of the general public. As the increased popularity of socialism, at least in rhetorical terms, among the youth indicates this “evaporation” of property may reach a critical mass within the not-too-distant future.
The Property-Based Social Order Is Being Destroyed by Central Banks
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