Category Archive: 6b.) Mises.org

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Pushing the False Narrative of U.S. Isolationism

2023-10-27

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2023-10-27

Every mainstream school curriculum and state narrative regarding American history includes a common story between the years 1919 and 1941, and it is the myth of American isolation. Americans, as they say, foolishly forgot that they too were part of the world and so left themselves and their allies vulnerable as totalitarianism swept across Europe and Asia. The conclusion that is being pushed with this fictitious tale is shockingly unsubtle....

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Police Mergers Are Not the Answer, but Privatization Is

2023-10-26

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2023-10-26

Some small municipalities in Pennsylvania have disbanded their police departments, so others want to tax them for “depending” on state police. There is an even better course of action: allow private policing. Original Article: Police Mergers Are Not the Answer, but Privatization Is

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Federal Flood Insurance Drains Taxpayers

2023-10-26

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2023-10-26

The US government’s National Flood Insurance Program (NFIP) is flush with debt. The NFIP owes the US Treasury roughly $25 billion. According to the Federal Emergency Management Agency (FEMA), the NFIP will pay $280 million in interest in 2022. “The program was never intended to generate a profit. It was established because due to the nature of flood risks, commercial insurance was not generally available.” Congress created the NFIP in 1968 to make...

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Government Is the Hidden Hand Directing the Culture Wars

2023-10-26

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2023-10-26

American culture wars are not the product of religious fundamentalists or even activist groups. They exist because of state interference in the private lives of individuals. Original Article: Government Is the Hidden Hand Directing the Culture Wars

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Reason versus Emotion in Economics: A Praxeological Response

2023-10-26

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2023-10-26

According to a relatively new economics field called Behavioral Economics (BE), one’s emotional state rather than reason influences their economic decisions. Vernon Smith, the BE economist who won a Nobel in economics, wrote: People like to believe that good decision making is a consequence of the use of reason, and that any influence that the emotions might have is antithetical to good decisions. What is not appreciated by Mises and others who...

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The Cato Institute’s Belated, Squishy Stance on the Latest Middle East Crisis

2023-10-25

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2023-10-25

The alarming events taking place in the Middle East are growing worse and have more than a small potential to entangle the United States in another foreign war. Hamas’s well-coordinated, surprise attack on Israel from Gaza clearly blindsided Prime Minister Benjamin Netanyahu’s government. However, Israel is now responding with overwhelming force—as it has to previous, smaller-scale attacks over the decades. The bombing of civilian neighborhoods in...

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The Dollar See-Saws between Two Views on Fiscal Explosion

2023-10-25

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2023-10-25

Fiscal explosion is not in the economic dictionary. But in the foreign exchange markets and bond markets this intuitive concept has sometimes powered a narrative which drives long-term US interest rates and the dollar upward in tandem. The puzzle to explain at such times, whether the early 1980s, or autumn 2023, is why the dollar shrugs off the inflation danger of so much red ink in the government accounts. Let’s start with the proposal for a new...

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How Inflationary Money Causes the Affordability Crisis

2023-10-25

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2023-10-25

The affordability crisis is upon us. Housing, food, you name it, life is becoming expensive. The government blames business, but perhaps government officials should look in the mirror. Original Article: How Inflationary Money Causes the Affordability Crisis

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If the Fed Goes, The State Will Soon Follow

2023-10-25

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2023-10-25

A central bank is not a natural product of banking development. It is imposed from the outside or comes into being as a result of government favors. —Vera Smith, The Rationale of Central Banking and the Free Banking Alternative Anarchy, the absence of coercive government, must not be confused with chaos. —Robert P. Murphy, Chaos Theory The Federal Reserve is dying from monetary mischief. The Fed recently made a woke mandate that will only...

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Richard Cantillon at the Louvre

2023-10-25

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2023-10-25

Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023. Download the slides from this lecture at Mises.org/SS23_PPT_13

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Early Dollar Crises: Lessons for Today

2023-10-25

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2023-10-25

Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023. Download the slides from this lecture at Mises.org/SS23_PPT_12

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Early Dollar Crises: Lessons for Today

2023-10-25

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2023-10-25

Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023.

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The Life and Death of American Exceptionalism

2023-10-25

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2023-10-25

Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023. Sponsored by Jule and Lynne Herbert. The Life and Death of American Exceptionalism | Thomas DiLorenzo Video of The Life and Death of American Exceptionalism | Thomas DiLorenzo

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The Dollar Crisis of 1861–1865: Greenbacks, Gold, and Confederate Dollars

2023-10-25

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2023-10-25

Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023. Sponsored by Scott and Cathy Ullery. Download the slides from this lecture at Mises.org/SS23_PPT_15 The Dollar Crisis of 1861–1865: Greenbacks, Gold, and Confederate Dollars | Timothy Terrell Video of The Dollar Crisis of 1861–1865: Greenbacks, Gold, and Confederate Dollars | Timothy Terrell

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How to Reform the Fed

2023-10-25

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2023-10-25

Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023. Sponsored by Bob Tancula. [embedded content]

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Why This Time the Dollar Faltered Has Been Different from the Last Time

2023-10-25

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2023-10-25

Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023. Sponsored by Paul Dietrich. Download the slides from this lecture at Mises.org/SS23_PPT_17 Why This Time the Dollar Faltered Has Been Different from the Last Time | Jeffrey Herbener Video of Why This Time the Dollar Faltered Has Been Different from the Last Time | Jeffrey Herbener

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Wall Street and the Origins of Bretton Woods

2023-10-25

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2023-10-25

Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023. Sponsored by Brian and Shanna Tvenstrup. Download the slides from this lecture at Mises.org/SS23_PPT_14 Wall Street and the Origins of Bretton Woods | Patrick Newman Video of Wall Street and the Origins of Bretton Woods | Patrick Newman

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Abundance, Generosity, and the State: An Inquiry into Economic Principles

2023-10-25

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2023-10-25

Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023. Download the slides from this lecture at Mises.org/SS23_PPT_10

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No, We Cannot Afford to Fund Yet Another War

2023-10-25

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2023-10-25

US government officials from President Biden to Secretary Yellen think the US can fund endless wars, but the American people are suffering in reality. Original Article: No, We Cannot Afford to Fund Yet Another War

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Cut through the Media Noise, and Remember the Economic Priorities

2023-10-25

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2023-10-25

Trying to keep up with economic news is exhausting. Tune into the financial news channels or scroll through any number of economic blogs, and you’ll be hit with a fire hose of alarming headlines, scary-looking graphs, and a tone-deaf establishment emphatically declaring that the economy is better than ever. Debates rage on social media and in the halls of Congress over the most trivial policy details. All while the financial markets swing...

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