Progressive and even many mainstream economists believe that cash is a relic from the past and should be replaced with digital money. There are many good reasons why not to follow this course, and no good reasons to replace cash.
Tag: Bureaucracy and Regulation
Education: Labeling vs. Tailoring | Mises Institute
Despite opposition from government at every turn, homeschooling has developed into an industry with astounding resources and high-quality results. Contrast the individual educational tailoring of homeschooling versus the government’s version of individual care: the IEP label.
Free Speech and Legislative Bans on DEI
The TSA’s record for incompetence is astounding, even for a government agency. Any complaints, as this article shows, will be seen as subversion.
ESG Undermines Social Welfare | Mises Institute
Politicians and hedge funds that push “Environmental, Social, and Governance” (ESG) scores and investing do so with the notion of improving social welfare. What they fail to realize is that these concerns are accounted for in human action already.
China’s competitiveness is driven by low taxation, not by industrial policy
Contrary to popular belief, China’s economy depends much less on central planning than in the past. China is strong in EV development, and the success is due not to government subsidies and direction but to plain good economics.