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Economy

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What “Capitalism” Really Means

Ludwig von Mises mises.org Ludwig von Mises was the acknowledged leader of the Austrian school of economic thought, a prodigious originator in economic theory, and a prolific author. Mises’s writings and lectures encompassed economic theory, history, epistemology, government, and political philosophy. His contributions to economic theory include important

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When Money Dies, 100 Years Later

When Money Dies, 100 Years Later

Jeff Deist mises.org Jeff Deist is president of the Mises Institute. He previously worked as chief of staff to Congressman Ron Paul, and as an attorney for private equity clients. When Money Dies, Adam Fergusson’s cautionary account of hyperinflation in Weimar-era Germany, is the book Americans desperately need

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Employers Are Not the Enemy

Employers Are Not the Enemy

ACT Party “Labour must stop seeing employers as the enemy and avoid doing further harm to the productive sector,” says ACT Leader David Seymour. “The Government was told its latest minimum wage hike will have a ‘disproportionately large’ negative impact on the number of jobs created over the coming year.

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Australia on the Brink of an Insolvency Crisis

Australia on the Brink of an Insolvency Crisis

Margaret Thatcher famously said that the problem with socialism was that sooner or later you run out of other people’s money. As much of the Western world descends into a medically-induced quasi-socialism (what else would you call a regime where the state rules which businesses may trade, and how,

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NZ Has Become a Nation of Beneficiaries

NZ Has Become a Nation of Beneficiaries

Britain was once famously hailed as a nation of shopkeepers, perhaps not by Napoleon himself, but certainly by the classical liberal Adam Smith, who published The Wealth of Nations in 1776 and laid the foundations for free-market economic theory. By the eighteenth century, the United Kingdom was an essentially commercial

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Letter from the North

December 17th 2020 Below are the results of a survey carried out by Business West in the UK. It covers responses made to a survey carried out in the south-west region of the UK. It makes for sobering reading and makes me worry for the future of the region, parts

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Economic Vandalism Confirmed

Economic Vandalism Confirmed

ACT party “The Government has chosen voodoo economics over proven economic realities by arbitrarily increasing the minimum wage to $20 an hour, a decision it admits could result in as many as 9000 fewer jobs being created next year,” says ACT Leader David Seymour. “Workplace Relations Minister Michael Wood says

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