Category Archive: 6b.) Mises.org
Peace as a Prerequisite for Civilization
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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Exchange is Not a Zero-Sum Game
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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Copernicus Was Also Right in Economics
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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How to Vote for Liberty
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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No, Affirmative Action and Merit Are Not Compatible
Supporters of affirmative action often claim that taking race or sex into account is compatible with merit-based selection. In the wake of the United State Supreme Court ban on affirmative action in college admissions, and with diversity, equity and inclusiveness schemes banned in several states, the question now arises whether promoting racial or sexual “diversity” as a component of merit remains permissible. Proponents of this type of...
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Get the Government out of the Classroom
President-elect Trump has nominated former World Wrestling Entertainment CEO Linda McMahon for Secretary of Education. President-elect Trump promised that, if confirmed, Mrs. McMahon would “spearhead” the effort to “send education back to the states.” This has led some people to wonder if Linda McMahon may be the last Secretary of Education.The Constitution does not give the federal government any role in education. Instead, education is left in...
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Biden’s Last Gasp Threatens to Destroy the World
Lame duck “President” Joe Biden and his gang of neocon controllers, overcome by hatred of Donald Trump and the near certainty that, if they do not act now, the Ukraine War will soon be settled, have set in motion a process that could destroy the world in a nuclear Armageddon.As everybody knows, Donald Trump wants to terminate the Ukraine war, and he wants to accomplish this by negotiating a settlement in which Ukraine would give up some disputed...
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The Economic and Social Consequences of Rent Control
Economic liberalism advocates for a clear separation between government and commerce, allowing the market to operate independently without state interference. This philosophy, termed “laissez-faire,” posits that individuals pursuing their self-interest ultimately benefit society without central organization, planning, or control. However, government intervention disrupts natural market processes.In a capitalist society, all firms should enjoy equal...
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Our History of Protectionist Tariff Train Wrecks
Protectionist tariffs are associated with a long history of economic and social calamities in America. An important reason for this is that protectionist tariffs are a political tool of plunder and theft, and people don’t generally take kindly to being plundered and robbed. The only real difference between a lobbyist for protectionist tariffs and an armed robber is that the robber is armed. If the robber says “Give me a thousand dollars or I will...
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Could an Increase in the Supply of Gold Cause a Boom-Bust Cycle?
According to the Austrian Business Cycle Theory (ABCT), the artificial increase in the money supply via central bank expansionary monetary policy lowers the market interest rate. This, in turn, causes the market interest rate to deviate from the natural rate, determined by the market. Consequently, this leads to the boom-bust cycle. Understanding this, on the gold standard, where money is gold and—assuming that there is no central bank—an increase...
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Climate Anxiety: A Regime-Created “Illness”
A quick internet search for “climate anxiety,” which is also often referred to as “eco-anxiety,” “eco-grief,” or “climate doom,” produces numerous links to the psychological and psychiatric literature on the topic. The Program on Climate Change Communication within the Yale School of the Environment appears to be a major contributor to this research. Mental health professionals and mass trauma researchers report seeing more patients with symptoms...
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Liberty Squandered: The English Tradition from Magna Carta to Empire
The identity of a people often shapes the nature and trajectory of their government. In England, a deep-rooted belief in individual liberty has profoundly influenced the nation’s legal and cultural institutions, shaping English society from the early Middle Ages through the Industrial Revolution.
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Gold Is the Answer to Prohibition
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.
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Disparate Impact Is a Legal Trick
One of the most destructive fallacies of critical race theory is its insistence that racial disparities are caused by discrimination. The CRT premise is that any gap in racial attainment calls for an explanation, and—in the absence of any convincing explanation—they are compelled to conclude that such gaps are caused by discrimination.
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Clarifying Economists’ Arguments About International Trade
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.
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Finding Shelter from Monetary Racketeers
Henry Hazlitt said that to cure inflation, stop inflating, but surprisingly, most economists and politicians don’t want a cure. They believe a little inflation is not only good, but necessary.
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Distress in Commercial Real Estate Bonds Hits All-Time High
Commercial real estate continues to suffer despite the Federal Reserve’s attempt at ameliorating the capital markets with a 50-basis point rate cut in September.The pain is especially apparent in the so-called “CRE-CLO” bond market.
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Draper on War: When Is War Just?
War and Individual Rights by Kai Draper; Oxford University Press, 2016, xii + 254 pp.Many people make fun of analytic philosophy because of its use of imaginary cases, often elaborated with what seems perverse ingenuity. It is better, critics claim, to stick close to reality.
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Logs Only Roll In One Direction: Fighting Kinetic Energy
Before anyone gets their hopes up about a reduction in government expenditures resulting from the upcoming Department of Government Efficiency (DOGE), remember that, once rolling, a log rolls in one direction—downhill—until stopped. But have any of us ever tried stopping a log as it accelerates down a hill?The LogAh, the log.
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Wealth and Income Inequality Are Essential for Social Cooperation
It is popularly deemed a sign of moral superiority and a mark of the “progressive” mind to heavily criticize the existence of inequalities of wealth and income within the social order of the division of labor and private ownership in the means of production.
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