What the Covid Vaccine Hype Fails to Mention

Pfizer recently announced that its covid vaccine was more than 90 percent “effective” at preventing covid-19. Shortly after this announcement, Moderna announced that its covid vaccine was 94.5 percent “effective” at preventing covid-19. Unlike the flu vaccine, which is one shot, both covid vaccines require two shots given three to four weeks apart. Hidden toward the end of both announcements, were the definitions of “effective.” Both trials have a treatment group that received the vaccine and a control group that did not. All the trial subjects were covid negative prior to the start of…

Read More

Those Who Fear Disease Most Are Most Likely to Prefer Authoritarian Regimes

Covid-19 has unleashed a pandemic of restrictive measures on the population. Lockdowns and mask mandates are becoming widespread. Libertarians have been vociferously denouncing covid-19 containment strategies as draconian. Evolutionary psychologists, however, argue that reactions in favor of government restrictions are the norm in environments where the public fears contamination. According to the parasitic stress theory popularized by Randy Thornhill and Corey Fincher, societies with a high prevalence of diseases are more supportive of authoritarian policies. This is unsurprising because to prevent transmissions experts often recommend limiting movement. Due to fear,…

Read More

HP (HPQ) earnings Q4 2020

Enrique Lores, CEO, HP Scott Mlyn | CNBC HP shares rose as much as 9% in extended trading on Tuesday after the company reported fiscal fourth-quarter earnings that beat analysts’ estimates and provided an optimistic earnings forecast. Earnings: 62 cents per share, adjusted, vs. 52 cents per share as expected by analysts, according to Refinitiv. Revenue: $15.3 billion vs. $14.7 billion as expected by analysts, according to Refinitiv. Revenue declined about 1% on an annualized basis in the quarter, which ended on Oct. 31, according to a statement. HP is…

Read More

2021 Would Be a Great Time to Audit the Fed

Gone are the days of the Federal Reserve hiding in the shadows. Now it’s a woke central bank fighting for climate and racial justice. Progressives must not fall for this but instead team up with the populist right to audit the Fed and demand transparency. Let the healing begin! If it is going to be President Joe Biden a couple months from now, then there will be all the more incentive for antiestablishment Democrats to join forces with populist Republicans. What better issue than auditing the Federal Reserve System? There…

Read More

Ramon Ray’s Entrepreneurial Communities | Mises Institute

“Small business” is just a government classification. Entrepreneurial businesses serving well-defined communities via creative specialization exhibit enormous economic productivity, energy and dynamism. Such businesses can not be defined quantitatively as small, medium or large. They’re defined by their qualitative impact on their customers’ lives.  Entrepreneurial businesses care differently, and care more. Big businesses must pay attention to size and scale, to their huge revenue and profit streams, to their many, many shareholders, to journalists and bureaucrats and financial analysts. They are, typically, managing to maintain progress or status on a…

Read More

Election 2020: Rout of the Technocracy

This victory is not of one candidate or party over another in this race or that, but rather a resounding ideological defeat of one of the most illiberal and menacing forces we face at the moment: technocracy. Original Article: “Election 2020: Rout of the Technocracy”. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack. Source link

Read More