Category Archive: 6b.) Mises.org
Bank CEOs Have Their Heads in the Clouds
No matter the situation, bank CEOs believe that the Big Score is just around the corner. Then reality hits.
Original Article: Bank CEOs Have Their Heads in the Clouds
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Separation 101
Mark contemplates the political divide in America, the lack of a middle ground, the political divisions in DC, and the turmoil over the Speaker of the House. Looking around the world, similar problems exist in many places; but, there is a tried and true solution, which Mark explains.
Be sure to follow Minor Issues at Mises.org/MinorIssues.
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Israel War Adds to Global Turmoil
The surprise terrorist attack on Israel by Hamas has created a new geopolitical crisis with many unexpected implications. We cannot forget the hundreds of people that have been killed in this attack—a terrible loss of innocent lives. In markets, the Key Tel Aviv share indices declined around 7% and sovereign bonds slumped by 3% after the bloodiest attack on Israel in many years.
Investors should not worry because this war has very significant...
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Two Swedes on the New Economics Nobel
[On Monday, October 9, the Royal Swedish Academy awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Claudia Goldin of Harvard University. Two Swedish expatriates reflect on the meaning of the Prize and this year’s recipient.]
Per Bylund
As an Austrian economist, the announcement of the economics prize—often misleadingly referred to as the economics Nobel Prize—is a matter of not knowing whether to laugh or cry (or...
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Is It Just War or Unjustified Slaughter of Innocents?
The recent attacks by Hamas on Israeli civilians have led to justified outrage. But will Israel's response also kill innocent people? Murray Rothbard has words of wisdom on this subject.
Original Article: Is It Just War or Unjustified Slaughter of Innocents?
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The Inherent Evils of Centrism
The middle, compromising stance of those called “centrists” or “moderates” is very often mistaken for a balanced and reasonable position. Little else is worse than an entire world tricked into what rationally amounts to crime, thinking it is balanced, realistic, and optimal. The centrist has become convinced that their middle position is the only fair and just stance, and that anything else is imbalanced extremism. The opportunity to rationally...
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Ethnic Interest Groups Fuel the American Warfare State
Ryan and Zachary look at how interest groups representing Ukrainians, Iraqis, Israelis, and others have often lobbied for US intervention in foreign wars that in no way benefit the American population overall.
Be sure to follow War, Economy, and State at Mises.org/WES.
Additional Resources
"Get the US Out of the Middle East" by Ryan McMaken: Mises.org/WES_14_A
"The Liberty Movement’s Pro-War Fifth Column" by Ted Galen...
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An Evening with Naomi Wolf
The indomitable Dr. Naomi Wolf discusses her exposé of the covid crime. Recorded at the Mises Institute's Supporters Summit in Auburn, Alabama, 12-14 October 2023. Includes an introduction by Sandra Klein. Sponsored by Gregory and Jane Gandee.
Naomi Wolf's October 30, 2008, interview with Lew Rockwell is available for download as an MP3 file: Mises.org/LRS_58
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Rothbard on Suits for Defamation
Murray Rothbard often shows an unusual ability to counter an objection to something he says by showing that the objection actually supports his view. In this week’s column, I’d like to discuss one example of this. Rothbard believes that libel and slander should not be crimes or torts. If he is right, people shouldn’t be fined or imprisoned for defaming people or be subject to a civil suit for damages resulting from this.
A common objection is that...
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Get the US Out of the Middle East
Hamas's invasion of Israel happened in spite of decades of US intervention and spending in favor of Tel Aviv. Yet, this ongoing conflict has nothing at all to do with the safety and security of the United States itself. It's time for the US to get out.
Original Article: Get the US Out of the Middle East
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Government-Enforced Paid Family Leave Is Not Pro-Family
Paid family leave—meaning the government paying or forcing businesses to pay for one or more parents taking time off to spend with a newborn—seems like a slam dunk idea to the Christian Left. According to a recent article in Christianity Today, “Christians Shouldn’t Need a Mandate to Provide Paid Family Leave,” “We should provide the best family leave possible. Christians who own or manage businesses ought to lead the way on family leave.” The...
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Hamas, Israel, and a New War
On this episode of Radio Rothbard, Tho Bishop is joined by Connor O'Keeffe to discuss their thoughts on the conflict between Hamas and Israel and whether Americans have learned any lessons from the War on Terror.
"Hamas, Israel, and the Collapse of the Fiat Global Order" by Tho Bishop: Mises.org/RR_155_A
"Is It Just War or Unjustified Slaughter of Innocents?" by Connor O'Keeffe: Mises.org/RR_155_B
"Get the US Out...
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It’s Time for Some Debt and Entitlement Alarmism
Climate alarmism dominates the news cycle, but perhaps people be more alarmed by massive federal budget deficits and runaway entitlement spending.
Original Article: It’s Time for Some Debt and Entitlement Alarmism
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Government Agencies Exploit Data Brokers as End-Around to Legal Restrictions
Data is sometimes referred to as today’s most valuable commodity. Given the technologically focused world around us, data is generated with almost everything we do or consume, whether you use Apple Pay to purchase goods from a retail outfit or use a credit card for your Uber Eats order. It is, in other words, largely unavoidable to create a digital footprint. This continuously produced data is often monitored, retained, repackaged, and resold to...
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Hamas, Israel, and the Collapse of the Fiat Global Order
This past weekend, the world witnessed absolute barbarism play out as Hamas agents brutally targeted Israeli civilians. The State of Israel, suffering from a historic failure to protect its residents, has predictably responded with major military operations in the Gaza strip. The result is a growing regional conflict fueled by historic feuds beyond the scale of traditional geopolitical considerations.
Add to this the ongoing war in Ukraine, a...
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The Central Bank Policy Interest Rate vs the Natural Rate
While central banks use administered interest rates in hopes of emulating the natural rate, these efforts are always going to fail. Without free markets, there is no natural rate.
Original Article: The Central Bank Policy Interest Rate vs the Natural Rate
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How the Fed Undermines Prosperity
The term “roundabout” is not normally associated with efficiency, unless you’re an economist. Yet roundabout methods—when applied to production—are the key to prosperity.
Eugen von Böhm-Bawerk, the great Austrian economist of the late nineteenth and early twentieth centuries, provided examples illustrating how this idea works. Consider a farmer whose source of drinking water is some distance from his house. Whenever he gets thirsty, he can go to...
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The Regime Plans More for Us Than Just Hillary Clinton’s “Deprogramming” Demands
This week, Hillary Clinton publicly proposed “formal deprogramming” for MAGA enthusiasts, piling on a repeated President Biden theme of trying to deal with “an extremist movement that does not share the basic beliefs of our democracy. The MAGA movement.”
The nation recently discovered that the FBI has a new “MAGA Extremist” category. All this hard work by government is aimed at “preserving democracy.” Clinton is particularly concerned about the...
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Dollarization Puts Foreign Economies at the Mercy of the US Regime
Some free-market advocates are pushing for dollarization in Argentina. But the devastating US sanctions against Panama in 1989 show us how dollarization helps the US exercise more hegemonic power over foreign economies.
Original Article: Dollarization Puts Foreign Economies at the Mercy of the US Regime
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Why Must Supply Precede Demand? Understanding Economic Foundations
In the market economy, wealth generators do not produce everything for their own consumption. Part of their production is used in exchange for the produce of other producers. Hence, in the market economy, production precedes consumption.
This means that something is exchanged for something else. This also means that an increase in the production of goods and services sets in motion an increase in the demand for goods and services.
According to...
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