Category Archive: 6b.) Mises.org

Mises Circle in Fort Myers

Save the date!  Join the Mises Institute for a special Circle in Fort Myers, FL this November.  Registration, speaker details, and agenda forthcoming.

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2024 Political Circus Begins in Iowa

On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop discuss the results of the Iowa Caucuses. What does Trump's overwhelming win mean for American politics, and what is the future for candidates like Vivek Ramaswamy and Ron DeSantis? Also, did anyone know Asa Hutchinson was still around? Ryan and Tho discuss this and more. Claim your free book: Mises.org/RothPodFree Be sure to follow Radio Rothbard at Mises.org/RadioRothbard....

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Can Classical Economics Explain the Approaching Fiscal Disaster?

Today’s US fiscal predicament includes unprecedentedly high federal spending financed by inadequate tax revenue and high federal budget deficits. There is a lack of sufficient buyers of US Treasury debt. Rating agencies have recently downgraded the US debt, and entitlement benefits are forecast to outstrip their trust funds in a few years. How might a nineteenth-century English economist be relevant to this predicament? Might this fiscal...

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The Oregon Problem: It’s Not Drugs! It’s the Socialistic Political Culture

Not many people know that Oregon decriminalized all drugs through a ballot initiative. The Wall Street Journal recently ran an article: “Oregon Decriminalized Hard Drugs: It Is Not Working.” The question here is, why not? In 2020, the State of Oregon decriminalized all drugs, including hard drugs such as heroin, crystal meth, which you will remember as the centerpiece of the hit series Breaking Bad, and fentanyl, a highly dangerous synthetic...

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Why You Should Read Human Action—Very Carefully

May 16–18, 2024:  Join Dr. Joseph T. Salerno, Dr. Thomas J. DiLorenzo, Dr. Jörg Guido Hülsmann, Dr. Joseph T. Salerno, Dr. Mark Thornton, and more for a conference in honor of the 75th anniversary of Human Action at our campus in Auburn.

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Forget the Alleged Social Contract: Taxes Are Coercive

Taxes are not a contractual obligation between the state and the individuals it governs. By definition, taxes are noncontractual debts in which the state is the creditor, and the payment of these debts is demanded through coercion and violence.

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Introduction to the Chinese Edition of How to Think about the Economy: A Primer

To the Chinese reader: It is safe to say that economics suffers at least as many fallacies and misunderstandings as any other field of study. Had physics suffered the same level of issues, we would not have seen much—if any—of the progress that we have made over the past centuries. Yet, economics—the queen of the social sciences—keeps being misrepresented, if not abused, and we suffer the consequences. Those consequences are primarily in the form...

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Reflections on the Rothbard Graduate Seminar

The Rothbard Graduate Seminar (RGS) provides an opportunity to learn about Austrian economics at a high level. Original Article: Reflections on the Rothbard Graduate Seminar

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The Escalating Tensions in the Red Sea Are a Bad Omen

With the Houthis in Yemen firing on commercial ships in the Red Sea, the US is contemplating yet another Middle East conflict. As we see again, aggression leads to more aggression. Original Article: The Escalating Tensions in the Red Sea Are a Bad Omen

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Privatizing Roads Solves the Problem of Road Closures

All of us have experienced government road closures and the traffic and safety nightmares they create. Private roads may be the answer to solving the problem. Original Article: Privatizing Roads Solves the Problem of Road Closures

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What is a “Fed Pivot,” And When Is It Likely to Happen?

Chairman of the Federal Reserve, Jerome “Jay” Powell, recently sent mysterious shock waves into financial markets with comments that suggested that Fed rate cuts might come sooner than expected. Stock and bond markets took this as a good sign. They were already in a Santa Claus rally and broke out to new highs for the year. The interest rate on ten-year government bonds, which had already fallen by almost 1 percent since October, threatened to...

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The December Jobs Report Is Mostly Bad News

According to a new report from the federal government's Bureau of Labor Statistics last Friday, the US economy added 216,000 jobs for the month while the unemployment rate held at 3.7%. NBC news was sure to tell us that this "beat expectations."  Market estimates suggested total jobs added at 170,000 with the unemployment rate at 3.8%.  The media's general consensus on the report is that the jobs economy is "robust" and...

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The Draconian Budget Slashing Act of 2024

On this week's episode, Mark opens the Congressional Political Playbook to examine the proposed Congressional compromise spending legislation—and what they might name it. Be sure to follow Minor Issues at Mises.org/MinorIssues. Get your free copy of Murray Rothbard's Anatomy of the State at Mises.org/IssuesFree.

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Are You an Enemy of the State? Most likely

Donald Trump, Julian Assange, Alex Jones, and Rudy Giuliani are in deep trouble with the US state. How about you? Most likely you feel safe because your voice hasn’t attracted a large following. What would the state’s enforcers gain by attacking a little guy? They’re big-game hunters. Pull the plug on the big guys and their everyday followers float away like bathtub water down a drain. Possibly you believe you aren’t really attacking the state with...

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Expect More Currency Destruction and Weak Economies in 2024

Markets closed 2023 with the strongest rally for equities, bonds, gold, and cryptocurrencies in years. The level of complacency was obvious, registering an “extreme greed” level in the Greed and Fear Index. 2023 was also an unbelievably bad year for commodities, particularly oil and natural gas, something that very few would have predicted in the middle of two wars with relevant geopolitical impact and significant OPEC+ supply cuts. It was also a...

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Time Is Running Out for Construction Loans

Back when I was a construction lender, I thought the perfect construction loan would pay off after one day, just long enough to collect the loan fee. After all, time is your enemy in construction lending. Any of a myriad of unknowns can keep construction from being completed: the market may evaporate for what is being built, interest rates may rise to make a loan uneconomic, construction costs could increase to require a loan modification or more...

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Garett Jones on the Legacy of Robert Solow

Economic giant Robert Solow died in December 2023. He was a Nobel laureate, and four of his PhD students went on to also receive the Nobel. He is known for the growth model named in his honor.  Garett Jones of GMU joins Bob to discuss the work of Solow, focusing on the possible tension between the Solow model's conclusions about capital accumulation vis-à-vis the Austrian School. Join Tom DiLorenzo, Joe Salerno, and Patrick Newman in Tampa on...

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Why Society Doesn’t Need the State

The nineteenth-century English philosopher Thomas Hill Green was one of the key figures in the transition from classical liberalism to “modern” liberalism, in which the state, no longer a mere “night watchman,” if it ever was that, takes on a much more active role. The state in Green’s view ought to aid people in realizing their “real selves,” and doing this often involves supplying them with various goods and services. For this reason, Green is...

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The Problems with Post-Trump Populism

As both progressives and conservatives turn authoritarian, libertarian populism inspired by Murray Rothbard provides an alternative to the statist nonsense that dominates political discourse. Original Article: The Problems with Post-Trump Populism

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When Medical Authorities Went Totalitarian: Understanding Covid Policies and Protocols

The response to the covid-19 outbreak is better understood as a tool of the national security state rather than as a public health measure. Original Article: When Medical Authorities Went Totalitarian: Understanding Covid Policies and Protocols

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