Category Archive: 6b.) Mises.org

Filter archive by: Show All Show only Articles Show only Videos

Credit Tightens as the Money Supply Falls for Ten Months In a Row

2023-10-19

by

2023-10-19

Money supply growth fell again in August, remaining deep in negative territory after turning negative in November 2022 for the first time in twenty-eight years. August's drop continues a steep downward trend from the unprecedented highs experienced during much of the past two years. Since April 2021, money supply growth has slowed quickly, and since November, we've been seeing the money supply repeatedly contract year over year. The last time the...

Read More »

The Phony Debate on Fiat Money: Rules versus Discretion

2023-10-18

by

2023-10-18

Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023. Sponsored by Wilfried and Barbara Puscher The Phony Debate on Fiat Money: Rules versus Discretion | Joseph T. Salerno Video of The Phony Debate on Fiat Money: Rules versus Discretion | Joseph T. Salerno Download the slides from this lecture at Mises.org/SS23_PPT_2

Read More »

Real Economic Growth Depends on Savings

2023-10-18

by

2023-10-18

Keynesians claim that the source of economic growth is consumer spending. Austrians know that net savings are the key to a growing economy. Original Article: Real Economic Growth Depends on Savings

Read More »

Mises Circle in Tampa

2023-10-18

by

2023-10-18

Save the date!  Join the Mises Institute in Tampa, FL for our first event of 2024. We'll meet at The Centre Club, 123 S West Shore Blvd, 8th Floor on Saturday, February 17, 2024. Registration will include all lectures and a catered breakfast. Speaker, agenda, and registration details forthcoming. Special thanks to Liberty Villages and the Shrader family for sponsoring this event.

Read More »

Thinking Outside the State

2023-10-18

by

2023-10-18

It’s difficult to go very far these days without tripping over the state with its voluminous laws, regulations, departments, and agencies. The last few decades, and indeed the last few centuries, have seen the continual expansion of states into more and more aspects of our lives with both the left and right of politics having their own grand visions for its development. But is the state really the institution we ought to be banking on for our...

Read More »

Do Monarchs Always Have Low Time Preferences?

2023-10-18

by

2023-10-18

Hans Hoppe theorized that monarchs, as opposed to democratically-elected political authorities, would have lower time preferences and would be less likely to engage in reckless government spending. Unfortunately, at least one Medieval Danish king acted like a modern politician. Original Article: Do Monarchs Always Have Low Time Preferences?

Read More »

No, We Cannot Afford to Fund Yet Another War

2023-10-18

by

2023-10-18

In a 60 Minutes interview over the weekend, host Scott Pelley asked President Joe Biden, “Are the wars in Israel and Ukraine more than the United States can take on at the same time?” The president answered, “We can take care of both of these and still maintain our overall international defense. We have the capacity to do this, and we have an obligation to.” In a Sky News interview released Monday, Treasury Secretary Janet Yellen gave a similar...

Read More »

The US Military Is Laying the Groundwork to Reinstitute the Draft

2023-10-17

by

2023-10-17

Not satisfied with the futile and destructive wars it has fought in this century, leaders of the US Armed Forces now want reinstatement of the draft. Instead, perhaps our government should give peace a chance. Original Article: The US Military Is Laying the Groundwork to Reinstitute the Draft

Read More »

Back to the Future Morphs into Dystopia

2023-10-17

by

2023-10-17

It is 2023, eight years after 2015, the year of flying cars and climate-controlled clothing that Marty McFly traveled to in a time machine. In our own world, the ruling elite wants to ban cars to control the climate. How did we get here? What caused the discrepancy between our vision of a more advanced future and the reality we face now? We had reason to expect it. From 1860–1970, the United States grew at an average of over 5 percent per year. But...

Read More »

The State against Anonymity

2023-10-17

by

2023-10-17

Governments are using intimidation to regulate independent journalists on the decentralized internet. Original Article: The State against Anonymity

Read More »

The Spirit of the Establishment Will Thrive under a “Populist Opposition” Government

2023-10-17

by

2023-10-17

One of the most eventful things to have happened recently was from an unexpected source. The State Department and the intelligence apparatus didn’t initiate any coups somewhere in the Third World, the Kremlin didn’t launch a blitzkrieg and capture Kiev, and a currency from the BRICS nations (Brazil, Russia, India, China, and South Africa) hasn’t entered circulation yet. For the man who was once heralded as a savior for spearheading electric vehicle...

Read More »

Supporters Summit 2024

2023-10-16

by

2023-10-16

Save the date! Join us for our 2024 Supporters Summit, October 10–13, 2024, on Hilton Head Island, South Carolina. We'll be at the lovely Omni Hilton Head Oceanfront Resort.  We will have an event rate at the Omni Hotel for $299 per night before tax.  Speakers and agenda details forthcoming. Registration will be open soon on this page.

Read More »

Chess, Trans Athletes, and Free Markets in Sports

2023-10-16

by

2023-10-16

Is there a way out of the seemingly intractable demands that trans athletes who are "transitioning" from male to female be permitted to compete with female athletes? There may be a free-market solution. Original Article: Chess, Trans Athletes, and Free Markets in Sports

Read More »

The Objective Science of Subjective Value

2023-10-16

by

2023-10-16

Practically all schools of contemporary economic thought recognize that value is subjective. Although mainstream economists merely pay lip service to value subjectivity—and, in practice, treat value as objective so that they can analyze so-called utility functions—it is still a core assumption in modern economic thought. This is very different from classical economics, which typically treated value as objective and determined by production costs....

Read More »

Thanks to the Combination of the Fed and IP, Snow White 2024 Is a Terrible Movie

2023-10-16

by

2023-10-16

Snow White (2024) is a terrible movie. Granted, I don’t have any particular insights into the film, but economics teaches me that everyone involved in that movie believes it’s a terrible movie, and I’m willing to bet that they’d know. So, unless this movie surprises absolutely everyone involved in making it, it’s a terrible movie. “So what?” you might ask. But this example reminds us that the Fed’s inflationary money policies destroy all values,...

Read More »

Hamas, Israel, and the Collapse of the Fiat Global Order

2023-10-16

by

2023-10-16

The recent attacks in Israel are a horrific reminder of how lightly guarded civilization is from savagery. Original Article: Hamas, Israel, and the Collapse of the Fiat Global Order

Read More »

Making Money While Making Sense of Chaos: Understanding the World of the Traders

2023-10-16

by

2023-10-16

Review of Chaos Kings: How Wall Street Traders Make Billions in the New Age of Crisis Scott Patterson New York: Scribner, 2023; 293 pages Scott Patterson has delivered an unusual book. At least to this reader, it produced the same effect as watching a Black Mirror episode where you think you know where the story is heading, then suddenly all of your moorings go out the window in a most unpleasant fashion. In the case of Chaos Kings, the book starts...

Read More »

Oil Export Bans Make for Crude Politics

2023-10-15

by

2023-10-15

In the wake of the Arab Oil Embargo of 50 years ago, Congress banned U.S. export sales of crude oil. The results were different than what government "experts" imagined. Original Article: Oil Export Bans Make for Crude Politics

Read More »

Dollarization in Argentina Will Not Promote Freedom

2023-10-14

by

2023-10-14

While the prospect of Javier Milei being elected president of Argentina is attractive, his plan to "dollarize" the Argentine economy will fall well short of hopes and expectations. Original Article: Dollarization in Argentina Will Not Promote Freedom

Read More »

Diving Deeper into the Fed’s Trillion Dollar Loss

2023-10-14

by

2023-10-14

Jonathan Newman rejoins Bob to explore more of the mechanics and political implications of the Fed's current state of insolvency. Diving Deeper into the Fed's Trillion Dollar Loss Video of Diving Deeper into the Fed's Trillion Dollar Loss The Mercatus Article on Quantitative Easing: Mises.org/HAP417a Furman's Op-Ed in the WSJ: Mises.org/HAP417b   Join us in Fort Myers on November 4 to cut through...

Read More »