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Bradley Thomas



Articles by Bradley Thomas

Biden’s Covid “Supply Commander” Is Bad Medicine

3 days ago

Included in his plans to fight the coronavirus, presumptive president-elect Joe Biden has pledged to appoint “a fully empowered supply commander in charge of filling in the gaps” in the production and supply of “essential” items needed to fight the virus. On his website, Biden elaborates on his plan, declaring that his “supply commander” would “take command …

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Why Socialism Won’t End Worker “Exploitation”

November 3, 2020

A belief still commonly held today by not just Marxists and socialists, but progressives of many stripes, is the insistence that employers are “stealing” part of their workers’ labor because the wage workers receive from their employer are less than the contribution of their labor to the final value (i.e., selling price) of the finished …

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What “Experts” Miss about Economic Inequality

October 15, 2020

Many of the “solutions” peddled by today’s experts are more likely to increase wealth inequality than decrease it. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros. Original Article: “What “Experts” Miss about Economic Inequality”.

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What “Experts” Miss about Economic Inequality

October 8, 2020

That’s a question USA Today posed to three “policy experts on the left and the right” in this recent article. The responses, while unsurprising, were nevertheless disappointing. For libertarians, economic inequality itself is not problematic, as long as it is in the context of an unfettered market economy free of government privileges and interference. Of …

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Should Billionaires Exist?

September 25, 2020

It may be emotionally satisfying for many to favor sticking it to billionaires, but reason informs us that in so doing it is the poor who would end up paying the steepest price. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros. Original Article: “Should Billionaires Exist?​​​”.

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Should Billionaires Exist?

September 21, 2020

A mantra popularized by Bernie Sanders and like-minded progressives declares “billionaires should not exist.” The statement serves as both a declaration of the “immorality” of wealth inequality as well as a justification for steep confiscatory taxes on wealth favored by the likes of Sanders and Elizabeth Warren. While on the campaign trail last year, Sanders said, “I …

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Why We Need Landlords

August 31, 2020

A tweet by the widely followed “Existential Comics” account recently made the rounds. It might be easy to dismiss, but with more than 345,000 followers, the account apparently appeals to a lot of like-minded people. The tweet caught my eye in large part because of how many people liked what amounts to a very economically ignorant …

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How the Lockdowns Will Drive Up Healthcare Costs

August 18, 2020

The covid-19 lockdowns have done untold amounts of economic damage, most of which has yet to reveal itself. Permanent unemployment for millions, countless bankruptcies, rent defaults and much more will jar the economy for the foreseeable future. But one other consequence that is receiving virtually no attention is how the lockdowns will cause healthcare to …

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Why Marxist Organizations Like BLM Seek to Dismantle the “Western Nuclear Family”

July 30, 2020

The Black Lives Matter organization explicitly states it seeks to “disrupt” the “nuclear family structure.” In this, BLM is no different from countless other Marx-inspired organizations which seek to destroy the family as part of the “patriarchy.” This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros. Original Article: “Why Marxist …

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Why Marxist Organizations Like BLM Seek to Dismantle the “Western Nuclear Family”

July 27, 2020

One of the most oft-cited and criticized goals of the Black Lives Matter organization is its stated desire to abolish the family as we know it. Specifically, BLM’s official website states: We disrupt the Western-prescribed nuclear family structure requirement by supporting each other as extended families and “villages” that collectively care for one another, especially …

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How the Monopoly Power of Police Agencies Encourages Abuse

June 29, 2020

Whether or not race is a factor, the monopoly power enjoyed by police agencies (and other government agencies) creates the conditions likely to lead to more abuse of power. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros. Original Article: “How the Monopoly Power of Police Agencies Encourages Abuse”.

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How the Monopoly Power of Police Agencies Encourages Abuse

June 22, 2020

Many were justifiably outraged yet also puzzled at how the police officers on the scene could so callously ignore the dying pleas of George Floyd saying he couldn’t breathe. Racism has emerged as the most prominent explanation. This is certainly plausible, but not certain. Given the near identical case in Texas of a white man …

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How Many Lives Will Politicians Sacrifice in the Name of Fighting COVID-19?

May 7, 2020

During the current coronavirus lockdown, I’d pay good money to see just one public official be asked: “How many lives are you willing to sacrifice to prevent one coronavirus death?” Thomas Sowell has repeatedly written that in a world of scarcity there are no solutions, only tradeoffs. The lockdown debate has thus far focused on that …

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How the Left Is Trying to Blame Capitalism for COVID-19 Deaths

April 6, 2020

Not hesitating to exploit a health pandemic to advance their ideological agenda, Jacobin magazine on March 26 published an article attempting to proactively blame “millions” of coronavirus deaths on “capitalism.” Titled “How Capitalism Kills during a Pandemic,” the article advances tired slogans about free markets placing “profits above people,” buttressed by faulty and at times …

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How Governments (and the Fed) Make Life Harder for Young Families

March 28, 2020

Young people today are delaying starting “adult” life until later and later. The median age of first marriage has climbed to nearly 30, up from the mid-20s a generation ago. The median age of the first-time homebuyer hit a record 33 in 2019, while the average age for women having a baby climbed to 26.9 in …

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California Heads toward Disaster with Yet Another Rent Control Ballot Measure

March 7, 2020

The state of California is in danger of exacerbating its affordable housing shortage. According to this Sacramento Bee article, “California voters will get the chance to consider a statewide rent control initiative on the November ballot, just two years after they soundly rejected a similar initiative.” A citizen-initiated petition garnered nearly 1 million signatures to …

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Three Arguments Debunking Marx’s Labor Theory of Value

December 21, 2019

Though widely dispensed with in the field of economics, the notion of “wage slavery” is still common among progressives and socialists of many stripes. It is not uncommon, especially on social media, to run into people insisting that employers are “stealing” part of their labor because the wage they receive from is less than the …

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The Cost of Government Is Rising Much Faster than Housing and Healthcare

November 9, 2019

This year, as it has for several consecutive years now, the Tax Foundation reported that “Americans will collectively spend more on taxes in 2019 than they will on food, clothing, and housing combined.” That the combined federal, state and local tax bill for the American populace is larger than the amount we spend on essential …

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Bernie Sanders’s Upside-Down Concept of “Morality”

August 23, 2019

Bernie Sanders’s presidential campaign has served to once again confirm that his — and those of the “democratic socialist” and “progressive” movements — vision for society endorses an aggressive threat of violence against innocent individuals, and seeks to negate morality itself. While often declaring goods like health care and day care “rights,” Sanders also insists …

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If I Were a Corporate Shill…

July 29, 2019

If I were a corporate shill, there are many policies I would favor. For starters, I would strongly advocate for a highly interventionist government. Most government regulations and restrictions work to limit competition and create higher barriers to entry for potential entrants. If I were being paid to lobby for big corporations, mountains of bureaucratic …

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Three Ways Capitalists Make Workers Better Off

June 19, 2019

For several generations now, one of the loudest criticisms of capitalism is summed up by dismissively characterizing the working class under free markets as being “free to starve.” For instance, this 2017 Socialist Worker article described Marx’s critique of capitalism as a system in which “workers are free in a ‘double sense’— free to work …

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The Unseen Costs of “Medicare for All”

May 23, 2019

Listen to the Audio Mises Wire version of this article. Most of the attention on Bernie Sanders’ proposed “Medicare for All” plan has focused on the financial costs of its implementation. This is understandable, given that some estimates project costs to exceed $32 trillion over its first ten years, and that Medicare is already suffering …

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The Unseen Costs of “Medicare for All”

May 23, 2019

Many of the worst costs that will come with “Medicare for All” won’t be calculated in dollars. They’ll come in the form of doctor shortages, long wait times, and less access to care. Original Article: “The Unseen Costs of “Medicare for All””.

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Freedom or Government Control — There Is No True “Third Way”

May 3, 2019

Every government intervention into the economy may not be socialism, but it is a step toward socialism. Interventionists claim to advocate for a ‘third way’ of economic organization, one that preserves the productive nature of capitalism, while merely reining in some of its destructive excesses. For instance, Sen. Elizabeth Warren last year described herself as …

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Malinvestment: Have We Learned Anything Since the Last Recession?

April 3, 2019

A growing number of economists are predicting the current economic boom will turn to bust in 2019. When recession does come, will economists simply call for more of the same — namely endless government spending? After all, in the wake of the 2008 financial crisis, most economists told us the problem was the private sector …

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Capitalism Turns Luxuries Into Necessities

March 22, 2019

Bashing the rich is all the rage these days. In a clear appeal to envy, Democratic leaders are trying to outdo each other with escalating bids on how much of rich’s wealth should be stolen by government. In one tweet, Elizabeth Warren called out a billionaire NFL owner for paying $100 million for a “superyacht,” …

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