Category Archive: 6b) Mises.org

2021 Would Be a Great Time to Audit the Fed

Gone are the days of the Federal Reserve hiding in the shadows. Now it’s a woke central bank fighting for climate and racial justice. Progressives must not fall for this but instead team up with the populist right to audit the Fed and demand transparency.

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Inflation and the French Revolution: The Story of a Monetary Catastrophe

As in so much else, the French revolutionary regime (1789–94) was the precursor of the centralized, totalitarian, managerial, pseudo-democratic despotisms that now reign over the West. It is also reminder that mass democracy and inflation go together, as surely as thunder and lightning. Let us revisit the Revolution, from a free-market, hard-money perspective.

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The Dystopian “Fourth Industrial Revolution” Will Be Very Different from the First One

Klaus Schwab of the World Economic Forum has big plans for a "sustainable" future. Most of it involves the destruction of markets and basic human rights.

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What Chile’s Vote to Change Its Constitution Means for Its Future

On October 25, 2020, 78 percent of Chilean voters went to the ballot box to approve rewriting the country’s constitution, largely viewed as Latin America’s most stable constitution.

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The Evil of American Exceptionalism

According to Anne Applebaum, those who deny American “exceptionalism,” that is to say, global crusading for “democracy,” are dangerous extremists.

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The United Nations and the Origins of “The Great Reset”

The United Nations has been the key institution in setting the stage for a global "Great Reset" devoted to global management of human society and of markets.

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Being Pro-union Means Being Antiworker

After becoming the apparent president-elect, Joe Biden clearly promised to unify Americans. However, that promise was in sharp contrast to what his campaign promises would actually achieve.

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The Impossibility of “Taxation with Representation”

Whether you have watched The Sopranos, Goodfellas, or The Godfather, the gist of those stories is always the same: a mafia boss gets involved with a private person or sometimes a businessowner and demands a fee to be paid by midnight tomorrow, otherwise said person will lose a finger or two and maybe a kneecap as well.

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China’s New Five-Year Plan Exposes the Wishful Thinking behind Socialist Regimes

On October 29, the nineteenth Central Committee of the Chinese Communist Party concluded its fifth plenum, a four-day meeting devoted primarily to laying the groundwork for China’s fourteenth five-year plan, which covers the period from 2021 to 2025.

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The United Nations and the Origins of “The Great Reset”

About twenty-four hundred years ago, the Greek philosopher Plato came up with the idea constructing the state and society according to an elaborate plan. Plato wanted “wise men” (philosophers) at the helm of the government, but he made it also clear that his kind of state would need a transformation of the humans.

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A Drop in the Money Supply Was Not the Cause of the Great Depression

In his writings, Milton Friedman blamed central bank policies for causing the Great Depression. According to Friedman, the Federal Reserve failed to pump enough reserves into the banking system to prevent a collapse in the money stock.1 The adjusted money supply (AMS), which stood at $26.6 billion in March 1930, had fallen to $20.5 billion by April 1933—a decline of 22.9 percent.

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The US Savings Bond Scam

Remember savings bonds? They were popular before the central bank made sure that safe, low-interest investments became a thing of the past.  Original Article: "The US Savings Bond Scam". This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros.

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Both Theory and Praxis: Rothbard’s Plan for Laissez-Faire Activism

It should be self-evident that a just and moral political regime can only exist in the long term if a sufficiently large number of people actually believe in it.

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Talk of “Unity” Is Both Hypocritical and Delusional

Grand invocations that "I will unify us" are actually shorthand for "We mean to get our way, regardless of others' well-being and desire."

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James Mill: Laissez-Faire’s Lenin

[An Austrian Perspective on the History of Economic Thought (1995)] James Mill (1771–1836) was surely one of the most fascinating figures in the history of economic thought. And yet he is among the most neglected. Mill was perhaps one of the first persons in modern times who might be considered a true "cadre man," someone who in the Leninist movement of the next century would have been hailed as a "real Bolshevik." Indeed, he...

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Here’s What Donald Trump Should Do Before Inauguration Day

Even if he loses, Donald Trump still has time to change military policy, pardon allies, unseat the Federal Reserve Board of Governors, and throw a wrench in the deep state apparatus. Original Article: "Here’s What Donald Trump Should Do Before Inauguration Day​". This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.

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Curt Carlson on Innovation Champions

Austrian economics sees an economy in motion, perpetually renewing itself. Economic agents (firms, customers, investors) constantly change their actions and strategies in response to outcome they mutually create. This further changes the outcome, which requires them to adjust afresh.

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Election 2020: Choking on the Political Red and Blue Pills

[unable to retrieve full-text content]Presidential election 2020 is the same as every other, except in the ways it isn’t. Allow me to expand on this. What is the same? The purpose of all elections is to allow a band of people called the state to legitimize their claim of control over everyone and everything within a given jurisdiction.

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Lockdowners and “the Desire to Dominate”

In many years of lecturing at Mises University, Judge Napolitano has given the same—terrifying—ending to his introductory speech. Not until the horrors of this year did it dawn on me that perhaps his point has its basis in reality. The dear judge often mentions, almost like a joke, the libido dominandi—the desire to dominate, or the will to power, harking back to Augustine of Hippo’s centuries-old writing.

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The Idea that Democracy Is the Same as Liberty Is a Weapon in the Hands of Despots

As Americans approach a date with their polling places and “get out the vote” campaigns crescendo, there is plenty of rhetoric that all but deifies democracy.

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