Tuesday , October 20 2020
Home / William L. Anderson
William L. Anderson

William L. Anderson



Articles by William L. Anderson

The Second Act Will Be Worse Than the First: Lockdowns Are Not the Answer

7 days ago

Given the overt hostility that progressives have toward private enterprise in the first place, politicians will take shutdown-caused shortages and empty shelves as “proof” that private enterprise has failed. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack. Original Article: “The Second Act Will Be Worse Than the First: Lockdowns …

Read More »

The Second Act Will Be Worse Than the First: Lockdowns Are Not the Answer

12 days ago

In the first presidential “debate” (I use that word creatively), Joe Biden hinted that he would order a national lockdown in order to “defeat” the covid-19 virus, and there certainly seems to be a consensus in the media and among political elites that if there is another “outbreak” of covid, then the “shelter in place” …

Read More »

Carter vs. Reagan: The Last Semi-Intelligent Presidential Race

24 days ago

Jimmy Carter doesn’t get credit for his deregulation efforts, but his initiatives probably were as significant a boost to the economy as any president has accomplished since 1980. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack. Original Article: “Carter vs. Reagan: The Last Semi-Intelligent Presidential Race”.

Read More »

Carter vs. Reagan: The Last Semi-Intelligent Presidential Race

27 days ago

Presidential campaigns in the United States tend to be discouraging affairs, even if one is not a libertarian who has zero expectations that anything good can come from American elections. The old saw that insanity consists of doing the same thing repeatedly and somehow expecting different results applies to presidential campaigns as well as to …

Read More »

Say’s Law and the Austrian Theory of the Business Cycle

July 30, 2020

Abstract: Economists have tried to explain business cycles as well as fluctuations in the economy, but over the past two centuries, the explanations have fallen into two areas. The first area tries to explain business cycles as being the result of fluctuating aggregate demand; if overall demand for goods is strong (or to put it …

Read More »

Krugman’s Keynesianism Has Made Him Wrong about Much More Than Economic Theory

July 21, 2020

Paul Krugman famously predicted in 1998 that the internet would prove to be no more important than the fax machine. This error proceeds straight from his lack of economic understanding. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros. Original Article: “Krugman’s Keynesianism Has Made Him Wrong about Much More …

Read More »

The Disastrous Legacy of Woodrow Wilson

July 9, 2020

Woodrow Wilson was an especially devoted white supremacist, even by the standard of his day. The Left is finally targeting Wilson for this, but Wilson’s legacy is far worse than even the Left will admit. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros. Original Article: “The Disastrous Legacy of …

Read More »

What Anticapitalist Christian Economists Get Wrong

July 7, 2020

The saddest aspect of this economic ignorance is that these evangelicals have completely ignored the real reductions in poverty rates in the past forty years, reductions that are due to liberalizing economies that once were in socialist straitjackets. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros. Original Article: “What …

Read More »

The Disastrous Legacy of Woodrow Wilson

July 2, 2020

Princeton University has made it official: Woodrow Wilson’s name no longer will have any place on campus. The former president, or at least his memory, now is part of cancel culture, which is sweeping the nation. The Woodrow Wilson School of Public and International Affairs will replace the former president’s name with “Princeton,” and Wilson College now …

Read More »

What Anticapitalist Christian Economists Get Wrong

June 27, 2020

Almost any economist who has taught at a Christian college or operates in Christian academic circles has been asked the question, “What about the poor?” Most of the time, people ask the question in the spirit of dismissing any view of economics that favors free markets. Although there are a few Christian colleges where at …

Read More »

Abolishing the Police Won’t Mean Abolishing State Violence

June 23, 2020

The Left believes that we need the state to force people to act in line with “social justice.” This means that somebody must force compliance with state edicts, even if those people aren’t called “police.” This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros. Original Article: “Abolishing the Police Won’t …

Read More »

Abolishing the Police Won’t Mean Abolishing State Violence

June 15, 2020

The aftermath of the May 25 police killing of George Floyd in Minneapolis has set off riots, protests, looting, and waves of social demands and changes that will take years to sort out. Yet perhaps the most interesting and provocative development has been the demand for cities to “defund” municipal police departments. The all-Democrat Minneapolis City …

Read More »

Michael Flynn, Lori Loughlin, and the Permanent Culture of Prosecutorial Abuse

June 5, 2020

It’s important to call the government and media on this unholy alliance, whether you view their targets as sympathetic or not. If we stay silent when they come for our enemies, they will ultimately come for us. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros. Original Article: “Michael Flynn, …

Read More »

Michael Flynn, Lori Loughlin, and the Permanent Culture of Prosecutorial Abuse

June 1, 2020

When US attorney general William Barr recently announced that the Department of Justice was reversing course and dropping all charges against former Trump adviser Michael Flynn, the response from Democrats, the mainstream news media, and Never-Trump Republicans such as David French was thermonuclear, to put it mildly. The New York Times, which many times has editorialized against …

Read More »

Krugman: We Need More Unemployment—to Save Us from Unemployment

May 20, 2020

Paul Krugman is now claiming that reopening the economy and allowing people to go to work almost surely will cause a depression. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros. Original Article: “Krugman: We Need More Unemployment—to Save Us from Unemployment”

Read More »

Krugman: We Need More Unemployment—to Save Us from Unemployment

May 19, 2020

It has been a long time since I read anything by Paul Krugman, and seeing his most recent column simply reminds me why I’ve not missed anything. As both an extreme Keynesian and political partisan, he long ago abandoned economic analysis for something economists should recognize as nothing less than what Mises called metaphysics. Nonetheless, my curiosity …

Read More »

Why Media Coverage of COVID-19 Has Been So Bad

May 18, 2020

Media outlets, both left and right, are mostly narrative driven. Also, journalists have a tendency to lazily reprint whatever “experts” say. This makes media reporting thoroughly unreliable. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros. Original Article: “Why Media Coverage of COVID-19 Has Been So Bad”

Read More »

Why Media Coverage of COVID-19 Has Been So Bad

May 14, 2020

In my lifetime, I never have seen anything dominate news coverage like the COVID-19 virus and how federal, state, and local governments have dealt with the death, illness, and uncertainty it has created. That is a lifetime that has included the assassination of John F. Kennedy, the Vietnam War, the moon landing, Watergate, and the …

Read More »

Anthony Fauci: When Politics Trumps Science

April 23, 2020

Readers of a certain age may remember the hysteria that surrounded AIDS for a period of the 1980s. Anthony Fauci was a central player in that, too. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros. Original Article: “Anthony Fauci: When Politics Trumps Science”

Read More »

Anthony Fauci: When Politics Trumps Science

April 22, 2020

Since the outbreak of COVID-19 in the United States became a very public event, the one face that has become most familiar to Americans is that of Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases and perhaps the second most polarizing figure in the crisis, next to President Donald Trump. To …

Read More »

Airline Bailouts Destabilize the Economy and Inflate Asset Prices

April 7, 2020

In the end, after all of the political posturing and all of the speeches and exhortations for Congress to “do something,” a $2 trillion “coronavirus stimulus” bill landed on the president’s desk for The Donald to sign. And sign he did, uttering all of the platitudes and everything else that comes with “historic” spending legislation that never …

Read More »

The Costs Are Mounting in this Government-Imposed Economic Collapse

March 24, 2020

Many of us have experienced the empty grocery shelves, the mad run on toilet paper (Calling Mr. Bidet?), and the ubiquitous face of Anthony Fauci of the National Institutes for Health on television broadcasts. Federal and local authorities are stretching their constitutional limits well beyond anything our ancestors would have recognized in their attempts to …

Read More »

The Fed Is a One-Trick Pony

March 19, 2020

In slashing its key interest rate to zero in response to the economic calamities imposed by all levels of government ostensibly to fight the coronavirus, the Federal Reserve System is trying to regenerate the crashing stock market. At opening bell right afterward, however, the market continued to crash, and those results perhaps should be telling us that the …

Read More »

Why Wall Street Bankers and Federal Lawyers Hate Michael Milken

February 25, 2020

Donald Trump’s recent pardon of Michael Milken, the so-called junk bond king, has brought out the usual suspects to denounce Milken. John Carroll, one of the federal prosecutors that secured Milken’s guilty plea (more on Carroll later) declared in the Washington Post that Trump’s action “outraged” him and claimed that the pardon is proof that …

Read More »

Socialism Always Fails

February 8, 2020

The Nation, which enthusiastically has supported every totalitarian communist regime that has existed in the past century (and that includes Pol Pot’s Cambodia and North Korea) is now firmly riding the Bernie Sanders bandwagon. This article, entitled “Why American Socialism Failed—and How It Could Prevail Today,” unwittingly gives away the mentality of American socialists which …

Read More »

Conservatives Are Increasingly Wrong about Market Freedom

January 10, 2020

Capitalism creates poverty. Capitalism has stolen our future. Capitalism ravages the planet. Capitalism oppresses us. Capitalism needs to be controlled by government or it will throw most of us into poverty and misery and enrich only the well-placed few. These are not missives from The Nation or the Daily Worker, although no doubt the writers …

Read More »