Murray N. Rothbard on the Capitalist-Entrepreneur

In Austrian economics, judgment refers to decision making under uncertainty. Given that we live in a world of uncertainty, all of us use judgment when choosing what actions to perform.

International Energy Agency Pushes Rationing Authored by Jeffrey Tucker via The Epoch Times, The International Energy Agency in Paris has released a new and urgent document that it wishes all nations with energy struggles to adopt. Many are doing that now. The website even maintains a spreadsheet updated daily to celebrate the countries that are following its plan for controlling energy use. Before explaining why none of this will work, let’s look at what they are suggesting. Seeming out of nowhere, the head of the IEA, Dr. Fatih Birol, is being quoted in the...

Influenza Vaccine Effectiveness Lower In Recent Months, Preliminary Data Show Authored by Zachary Stieber via The Epoch Times (emphasis ours), The effectiveness of vaccines against influenza dropped during the 2025–2026 virus season, officials said on March 12, about two months after the Centers for Disease Control and Prevention (CDC) stopped recommending flu vaccination for all children. An influenza vaccine in a doctor's office in Coral Gables, Fla., on Sept. 15, 2025. Joe Raedle/Getty Images Vaccine effectiveness for late 2025 and early 2026 against outpatient visits and hospitalization was pegged at 14 percent to...