Category Archive: 6b.) Mises.org
Price Inflation Is Getting Worse
Even the federal government's official data shows that price growth is well above the Federal Reserve's two-percent target. In fact, price inflation is now at multi-year highs, and there is good reason to think this will continue.
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A Schumpeterian Analysis of the Eurobond Scandal through Rothbard’s Cui Bono
Murray Rothbard famously asked Cui bono? to help unearth government scandals. Kenya’s politicians certainly benefitted from the Eurobond affair.
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Mises’s Theory of Nations Applied to Immigration and Borders
Ludwig von Mises had many insights about immigration. As one might expect, he foresaw problems with open borders, but also believed immigration could benefit a nation.
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War, Easy Money, and the Working-Class Squeeze
Record-low consumer confidence and record-strong corporate earnings aren’t a paradox: they’re the Cantillon effect in real time. Mark Thornton explains who inflation rewards, who it crushes, and what comes next.
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How Social Contract Theory Became State Apologetics
Social contract theory was used to critique a form of the state, but was also used to legitimize the modern nation-state.
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The Economic Problem Behind Zohran Mamdani’s Government Grocery Plan
Zohran Mamdani’s proposal reflects a growing belief that economic problems can be solved through public ownership and political management. But a grocery store is still a business governed by costs, and economic reality regardless of who owns it.
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RMP is Not QE
RMP is not QE, nor is it QT. It is an unprecedented, interventionist, unsound policy. The Fed is no longer backstopping the long end, forcing twenty years of interest rate suppression to finally unravel. Welcome to the Austrian nightmare.
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The Great Reversal: How Social Contract Theory Became State Apologetics
Social contract theory was used to critique a form of the state, but was also used to legitimize the modern nation-state.
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After 75 Years, Human Action Is Still the Standard for Understanding Economics
In this week’s Friday Philosophy, Dr. David Gordon reviews The Influence and Significance of Human Action After 75 Years edited by Joseph T. Salerno. He gives his thoughts and questions on some of the points made and recommends it and Human Action.
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The US Constitution Is Now a Suicide Pact
Historically, many sovereign states have granted separatist cultural and ideological groups political autonomy as a means of avoiding full secession. The US legal system prevents this.
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The US Constitution Is Now a Suicide Pact
Historically, many sovereign states have granted separatist cultural and ideological groups political autonomy as a means of avoiding full secession. The US legal system prevents this.
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How Future Supply Moves Today’s Prices
This week, Bob walks through three thought experiments to show how expectations of future supply changes ripple into present prices and production decisions in ways that purely mechanical monetary frameworks like MV=PQ can't capture.
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Beware the Alternatives to Capitalism and Socialism
With Trump’s crony capitalism, the government taking equity positions in US businesses, and socialists making real inroads in the Democratic Party, it is hard to find defenders of free markets.
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Buc-ee’s: Free-Market Triumph or Simply Capitalist Oppression?
Buc-ee’s—the roadside travel phenomenon—seems to cater to the extremes in our society. Either customers love shopping at the place or it is yet another symbol of capitalist oppression.
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Buc-ee’s: Free-Market Triumph or Simply Capitalist Oppression?
Buc-ee’s—the roadside travel phenomenon—seems to cater to the extremes in our society. Either customers love shopping at the place or it is yet another symbol of capitalist oppression.
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The Economics of Value
One of the prevailing myths today is the belief that AI can help to “automate” the economy. That is impossible, given that only humans can determine the value of something.
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Post-Massie America
On this episode of Power and Market, Ryan, Connor, and Tho discuss the results of the most expensive Congressional race in American history. What does the defeat of Thomas Massie tell us? What does this mean for libertarian strategy? Should we blackpill? Tune in for this and more.
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A Rothbardian Case Against Bad Data Center Policy
AI has created enormous demand for new data centers, and many communities do not want them nearby. The Rothbardian answer is not blanket permission or blanket prohibition, but a property-rights framework and the return of market forces that government policy has largely displaced.
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The Minerals Consortium Will Result in Malinvestment
Washington is pursuing industrial policy again, this time being an attempt to form a minerals consortium with other countries to secure minerals vital to US manufacturing. No doubt, this initiative will end up on the ash heap of bad policy.
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