Day: October 11, 2020

by Andrew Moran German author Franz Kafka wrote in The Metamorphosis, “There is an infinite amount of hope in the universe…but not for us.” The legendary writer might as well have been writing about the state of California, a progressive wasteland that is the personification of everything wrong with leftist orthodoxy. In the mid-nineteenth century, when it became a state, tens of thousands of people headed west. Today, those with a modicum of judgment and respect for their pocketbook are heading anywhere that is not named California, attempting to flee the incompetent mismanagement of Governor Gavin Newsom and his Democratic friends in Sacramento on every subject, from the economy to civil liberties. The Exodus: A Primer  California may be the most populous st...

by Ludwig von Mises Restrictive measures are those measures undertaken by the authority which directly and primarily are intended to divert production, in the widest meaning of the word, including commerce and transportation, from the ways which it would take in the unhampered economy. Each interference diverts production from the channels prescribed by the market. The peculiar characteristic of restrictive measures lies in the fact that the diversion of production is a necessary and not unintended result of the intervention, and that the diversion of production is precisely what the authority seeks to accomplish by its action. Each intervention has also the necessary effect of diverting consumption from the ways which it would choose in the unhampered market economy. The restrictive m...