Category Archive: 6b.) Mises.org

Trump’s Credit Card Rate Cap Would Hurt the Poor

If card-issuers are blocked from charging interest rates higher than 10 percent for consumers with a poor credit history, these consumers will find out that they have fewer borrowing options.

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A Positive View of Sectional History

In most nations of any size, sectionalism is almost inevitable. How nations handle such divisions, historian Frank L. Owsley, determines if sectionalism is peaceful or becomes violent. It became violent in the US in 1861.

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Why “Affordability” Is the Wrong Term to Describe Effects of Inflation

Politicians are touting “affordability” to describe the current regime of rising prices. However, most lawmakers who claim they are trying to make things more affordable demand policies that make things more costly.

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The Not-So-New Dollar Strategy: Monetize Productivity in Advance

A bad end is most likely though even in the best case scenario of AI increasing living standards. The build-up of asset inflation malinvestment and overleveraging will impose huge costs.

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The Idiocracy that Is California Politics

If California voters and politicians do not understand the current crisis, we will see the continuous march to perdition as California politicians refuse to acknowledge that they are killing the geese laying the golden eggs.

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Have Fiat Money, Will Tyrannize

Thanks to the Federal Reserve, the US government will always have enough printed money to fund its tyrannical schemes.

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The Cost of Living: The Problem Isn’t Too Little Credit, but Too Much

Politicians are touting “affordability” to describe the current regime of rising prices. However, most lawmakers who claim they are trying to make things more affordable demand policies that make things more costly.

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Everyone Agrees Our Elites Are Terrible, So Why Are We Stuck with Them?

The latest release of Epstein files again highlighted how disgusted and frustrated people have grown with the current elites. Yet they remain essentially untouchable. Why?

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The Five Stages of Totalitarianism

Totalitarian societies do not become that way overnight. There are recognizable signs and stages which show how a society slides into that abyss.

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Everyone Agrees Our Elites Are Terrible, So Why Are We Stuck with Them?

The latest release of Epstein files again highlighted how disgusted and frustrated people have grown with the current elites. Yet they remain essentially untouchable. Why?

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Will He, or Won’t He?

For the past month, Americans have been wondering whether President Trump will attack Iran, or whether the massive military build-up in the Middle East is just another bluff.

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The Not-So-New Dollar Strategy: Monetize Productivity in Advance

A bad end is most likely though even in the best case scenario of AI increasing living standards. The build-up of asset inflation malinvestment and overleveraging will impose huge costs.

Read More »

It’s No Surprise that Conservatives Have Rediscovered Their Love of Federal Power

There is no reason to be surprised by the total lack of commitment to any ideological standards. Nor is there any reason to expect anything better. That's just how American politics works.

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Adam Smith Misunderstood the Origins of the Division of Labor

Although Adam Smith is well-known for emphasizing division of labor, his analysis was woefully incomplete, as Dr. Mark Thornton points out.

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Silver price back above $80 after 31% drop on Friday

Gold’s price dropped from close to $5,600 to less than $4,500 on Monday. Silver plunged 31.4% on Friday alone.

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Bureaucracy Increases Accidents and Risks

The market regulates accidents very effectively. If the state does not coercively interfere, competition between companies forces them to improve services to the maximum.

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Silver Slammed as Trump Nominates New Fed Chair

Mark Thornton presents a timely interview with Elijah K. Johnson that underscores how quickly “melt-ups” can flip into sharp corrections.

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A Positive View of Sectional History

In most nations of any size, sectionalism is almost inevitable. How nations handle such divisions, historian Frank L. Owsley, determines if sectionalism is peaceful or becomes violent. It became violent in the US in 1861.

Read More »

The Political Economy of Pesticides: How to Subsidize a Poison

Will the Make America Healthy Again (MAHA) succeed? If the regulatory story of DDT is a prime example of government regulation in action, then the answer is a resounding no.

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It’s No Surprise that Conservatives Have Rediscovered Their Love of Federal Power

There is no reason to be surprised by the total lack of commitment to any ideological standards. Nor is there any reason to expect anything better. That's just how American politics works.

Read More »