New York’s mayor-elect believes he can implement socialist policies through sheer rhetoric, as though mere words can make socialism work. However, economics involves real things and reality will hit New Yorkers soon enough, and they won’t like it.
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Category Archive: 6b.) Mises.org
Money Demand and Demonetization: Concluding Comments
Professor Bagus concludes his arguments regarding the effects of the hypothetical close of Argentina’s central bank.
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Russia claims capture of key city of Pokrovsk. Kiev denies.
The city's capture would represent Kiev's greatest setback on the front line since the fall of Avdiivka in February 2024.
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Monetary Tyranny: How Legal Tender Laws Paved the Way and How Competition Sets Us Free
By making paper money legal tender, the government shut the door on sound money. Repealing legal tender laws is the first step back to liberty.
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Is the CIA Targeting Mexico’s President?
The recent "protests" against Scheinbaum were astroturfed. Why? It may be that Scheinbaum's efforts against the cartels are upsetting the CIA which has long allied itself with drug lords.
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The Importance of Using Words Honestly
Modern progressive political narratives depend heavily upon the misuse of words, changing their meaning in hopes that people will forget what they originally meant. Politics corrupts our very language itself.
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Thanksgiving: Bradford’s 1623 Reform: Necessity, Ideology, and the Emergence of Modern Economic Thought
The story of how the Pilgrims at Plymouth Rock abandoned the common labor system and embraced private ownership is well known. While at first it affected a small community, William Bradford’s decision in favor of private enterprise would have a wide ranging effect.
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Axios: Social Security’s day of reckoning is nearly here
In the end, Fedgov will just print more money and raise taxes. Social security will be preserved by politicians to ensure that elected officials don't lose the votes of pensioners.
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Charles de Montalembert: A Forgotten Pillar of Classical Liberalism
Although classical liberalism was imperfect, especially with its emphasis upon “limited” government, nonetheless, it provided at least a glimpse of a free society. We also should continue the heroes of classical liberalism.
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Bitcoin falls below $85K
CBS: The cryptocurrency dropped more than 8% in the last 24 hours alone, falling to $84,096 as of 11:15 a.m. on Monday.
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Trump calls for regime change in Venezuela
According to Australia's Sky News, Donald Trump told Nicolás Maduro in call he must leave Venezuela in order to save himself and his family.
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US Labs Breeding Deadly Foreign Ticks in Bid for mRNA Vaccines
Likely: if a tick "accidentally" escapes from the US lab, then the federal government will mandate mRNA vaccines for all US livestock.
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Zohran Mamdani’s Socialism Flunks Basic Economics
New York’s mayor-elect believes he can implement socialist policies through sheer rhetoric, as though mere words can make socialism work. However, economics involves real things and reality will hit New Yorkers soon enough, and they won’t like it.
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Contagion
Politicians and central bankers invoke "contagion" to demand more power and money, while their interventions cause the very fragility they decry.
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Does AI lead to Socialism?
The standing myth about AI is that it will put everyone out of work and leave the Marxian Reserve Army of Labor. The other fear is that it will bring about socialism. Neither is true.
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The Anti-Capitalist Mentality of the Estado Novo
Portugal’s Estado Novo, which dominated politics for more than 30 years there, and was firmly anti-capitalist. It has been 50 years since Estado Novo’s demise, but anti-capitalist thinking still dominates among Portugal’s ruling elites.
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The Great Depression: An Austrian Reply to WIRED
Bob walks through a recent WIRED video on “the economics behind the Great Depression,” correcting its claims on lax regulation, Hoover’s alleged inaction, the role of the Fed and the gold standard, and the notion that World War II ended the slump.
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The Impossible Two Percent: Why Central Banks Cannot Afford Price Stability
While the Fed continues its “two percent” charade, the central bank has been inflating the US economy into ruin. The latest Fed capers will not end well.
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On Swiss National Bank
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SNB Sight Deposits: decreased by 15 billion francs compared to the previous four weeks
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2025-07-31 – Interim results of the Swiss National Bank as at 30 June 2025
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SNB Brings Back Zero Percent Interest Rates
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Hold-up sur l’eau potable (2/2) : la supercherie de « l’hydrogène vert ». Par Vincent Held
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2025-06-25 – Quarterly Bulletin 2/2025
Main SNB Background Info
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