Category Archive: 6b.) Mises.org

Trump Fascism?

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...

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Failure Is Government’s Success

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...

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Nine Months of Javier Milei as President of Argentina: A Critical Assessment

In office for just over nine months, Argentine President Javier Milei continues to face enormous economic and political challenges. His support from Congress and the Senate is fragile, and the president’s opponents are trying to mobilize the masses against his policies. This makes success in the economic sphere all the more urgent. The aim here is to find a way out of stagflation—the simultaneous occurrence of stagnation or recession and...

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Video: How To Prevent the Trump Tax “Reform” From Being a Bait-and-Switch

For a video version of this article, see here and below. Donald Trump created some excitement last week when he suggested that he might abolish the income tax and replace it with taxes on imports. Understandably, Most of the excitement came from the prospect of abolishing the income tax. Of course, the Trump plan isn’t to simply abolish the income tax, it’s to replace it with another tax. Moreover, the Trump proposal, like most so-called tax reform...

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Unjust Reparations Will Not Empower Justice

As Kamala Harris declares herself open to paying reparations for slavery in a desperate bid to win more black voters, the debate about redressing historical injustices has been once again reignited. California has passed a raft of new proposals “as part of a reparations legislative package” with policies on education, housing, and criminal justice for the benefit of black people. New York has created a commission to study the harms caused by...

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Government Gaslights People about the Economy

Public opinion polls consistently show the economy is one of the top issues, if not the top issue, for American voters. This may strike some as odd, since official government statistics show low unemployment and declining price inflation, suggesting the Federal Reserve has engineered a “soft landing” bringing down inflation without causing a recession. So why the concern over the economy? One reason is more people are realizing government economic...

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Compulsory Speech

In recent years, a disturbing development has taken place in America’s universities. People who apply for faculty positions, and those who are on the faculty and want to be promoted are required to make “diversity statements,” in which they declare their commitment to DEI—diversity, equality, inclusion—and detail their activities on behalf of this goal.Here is an example of this: at UCLA, applicants to the faculty have to sign this: “Diversity...

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The Keynesian Multiplier Fairy Tale

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...

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The Problem with Trump’s Pro-Tariff “Tax Reform”

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...

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The Abortion Lobby Wants Taxpayer-Funded Abortions

There’s a new ballot initiative in Colorado that shows what the “progressive” Left wants as the next step in abortion policy. Coloradans are now in the process of voting on Amendment 79 which paves the way for taxpayer-funded abortions and for protecting pro-abortion mandates on private insurance. The amendment would also create a legal right to an abortion in the state constitution. For many years—especially during the 1980s and 1990s— the...

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Boom Versus Growth: Why the ABCT Is Superior to Keynesianism

“…boom and bust cycles are caused—not by the mysterious workings of the capitalist system—but by governmental interventions in that system.” — Murray RothbardAnother way to put it is that the primary cause of what you call a recession is central banking, specifically due to their inflationism and underwriting of fractional reserve banking. If you think that inflation is the product of greedy merchants or the animal spirits, or an economy that is...

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Why Austrian Business Cycle Theory Is Better than Keynesianism

“…boom and bust cycles are caused—not by the mysterious workings of the capitalist system—but by governmental interventions in that system.” — Murray RothbardAnother way to put it is that the primary cause of what you call a recession is central banking, specifically due to their inflationism and underwriting of fractional reserve banking. If you think that inflation is the product of greedy merchants or the animal spirits, or an economy that is...

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Who Sets the Prices for Goods?

Individuals are often presented as if a value scale is hard-wired in their heads. Allegedly, this value scale remains the same all the time. As a result, this value scale supposedly instructs individuals in the selection of goods. Were that the case, then it makes sense to attempt to extract this value scale either by means of questionnaires or various psychological tests. Once the value scale is extracted, social scientists could establish how to...

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Rothbard and the Israeli-Palestinian Conflict

In Murray Rothbard’s thinking, the state is a criminal organization of aggression and depredation against the just rights of private property of its subjects. The state acquires its revenue by physical coercion (taxation) and achieves a compulsory monopoly of force and ultimate decision-making power over a given territory. Hence, there is no just state in Rothbard’s libertarianism.The State of IsraelIn 1948, within the boundaries of what was then...

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Was Ricardo’s Comparative Advantage Really Different From What Adam Smith Said About Foreign Trade?

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...

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Prohibition: The Sword of the State

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...

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Does Mass Immigration Adversely Impact the Natural Environment?

Immigration, particularly by illegal aliens at the southern US border, is a contentious issue in 21st century America. Federal Reserve Chairman Jerome Powell has expressed concern about immigration’s probable impact on the unemployment rate. Homebuyers and renters are concerned about its impact on house prices and rents. Law enforcement questions its impact on crime rates. School districts are concerned about increased immigrant student enrollment...

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Blinken’s Blinkers—Four Years of Biden Foreign Policy Failure

In around three months’ time, the Biden administration will be out of office. Exits typically prompt reflection. For an outgoing administration, the chief task is to shape the narrative. Secretary of State Antony Blinken’s recent legacy-molding foray grounds the Biden administration’s legacy in the “fierce competition” with the “revisionist powers”—Russia, Iran, North Korea, and China—who want to bring down America and dominate the international...

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Four Years of Biden’s Foreign Policy Failures

In around three months’ time, the Biden administration will be out of office. Exits typically prompt reflection. For an outgoing administration, the chief task is to shape the narrative. Secretary of State Antony Blinken’s recent legacy-molding foray grounds the Biden administration’s legacy in the “fierce competition” with the “revisionist powers”—Russia, Iran, North Korea, and China—who want to bring down America and dominate the international...

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More Federal Environmental Regs Won’t Fix the Immigration Problem

Immigration, particularly by illegal aliens at the southern US border, is a contentious issue in 21st century America. Federal Reserve Chairman Jerome Powell has expressed concern about immigration’s probable impact on the unemployment rate. Homebuyers and renters are concerned about its impact on house prices and rents. Law enforcement questions its impact on crime rates. School districts are concerned about increased immigrant student enrollment...

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