Category Archive: 6b.) Mises.org
Commencement Address
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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Bidenomics: New employment numbers say recession is here
According to the most recent report from the federal government’s Bureau of Labor Statistics, the US economy added 114,000 jobs (according to the establishment survey) during July. This was a lackluster number that came in below expectations, and it wasn’t enough to prevent a surge in the unemployment rate up to 4.3 percent. Moreover, the “underemployment” rate, the “U-6” unemployment rate, jumped substantially from 7.4 percent to 7.8 percent....
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The Chevron decision may also apply to federal land policies in the West
By now most who watch such things are familiar with the opinion issued by the Supreme Court in the case Loper Bright Enterprises et al. v. Raimondo, Secretary of Commerce, et al. on June 28, 2024. Loper overturned an opinion issued by the court in 1984 titled Chevron U.S.A. Inc. v. Natural Resources Defense Council, Inc.The Chevron “precedent” required federal courts to defer to federal agency interpretations of law when the law at issue was...
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An open letter to Jordan Peterson
I am a great admirer of your work and thank you for the tremendous job you are doing in raising the level of public discourse and, importantly, combating the cultural Marxist nonsense emanating from academe. Your exposition of the hypertruth of ancient religious narratives has had a transformative effect on my thinking, and through it you have, in my opinion, single-handedly shifted the broad societal debate on religion from the mundane,...
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Higher Education in Crisis
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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Bidenomics: Proposed myths & vexing facts
President Biden and his supporters claim that he took an economy that was “flat on its back” in 2021 and made it “the envy of the world”. How did Biden accomplish this? He supposedly rebuilt the economy “from the middle out and the bottom up”.The data on economic conditions in the US economy over the past few years are clear. First, unemployment rates have been relatively low. However, the unemployment rate during the Covid crisis peaked at 14.8%...
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Modern Monetary Theory
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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Game Theory
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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Video Games and Austrian 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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PsyWar: Enforcing the New World Order
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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Now for another failed UK policy: Conscription
On the 11th of June, Rishi Sunak’s Conservative Party stunned the United Kingdom by officially declaring in their 2024 election manifesto that, if reelected on July 4th, it would pass legislation to reintroduce “mandatory national service” to Britain. Despite the Orwellian nomenclature, the plan called for conscription, plain and simple. More specifically, it called for all British people — both male and female — upon turning 18 to either serve for...
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Repos: The Magic is Back
Uncle Sam has stopped lending a helping hand and now repo men are back in business. Repos for the first half of 2024 are up 23% from a year ago. Higher-for-longer interest rates mean new car loans average 7.3% and used car loans average 11.5% putting stress on consumer pocketbooks. However, Claire Ballentine wrote in Bloomberg of something all too familiar. “Lenders are eager to make loans, even with the risk that the borrower might not be able to...
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The “October Revolution” was a coup, not a revolution
A key function of propaganda has always been to demoralize the opposition. From the perspective of the propagandists, it is important to always give the impression that their side is the side of the majority, and the most popular. We have witnessed this in action in recent years with the rise of censorship designed to “combat misinformation.” By suppressing dissident viewpoints, the regime lessens access to “unorthodox” ideas, but there is an...
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Product Safety Regulation
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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Maturing Loans, Old Appraisers
With $1.2 billion in commercial real estate property loans coming due by the end of 2025, property owners are scrambling for sources of refinance. Add to that, according to a May report from the Kroll Bond Rating Agency nearly one-third of office commercial mortgage backed securities (CMBS) are distressed. The volume of distressed CMBS office loans has doubled from a year ago, increasing to a combined $52.2B in March, compared to $26.6B a year ago....
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Bureaucrats in the Deep State
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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Effects of Inflation
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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Let’s have State Appreciation Day!
“Realism requires we recognize that the ruling classes and the US government have no durable community and no internal integrity. The state is a pirate gang writ large. It is unified by criminal circumstance, functions by fear and tribute, and is surrounded by enemies who would see it stripped, drawn and quartered at first opportunity. It’s almost enough to make one pity the state and mourn the ruling classes!” — Karen KwiatkowskiWriters who heap...
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Fiscal Policy and Economic Reality
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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Why we don’t want Kamala
On Sunday, July 21, a letter appeared on brain-dead “President” Joe Biden’s Twitter account purporting to be a message that he would not be running for re-election but would continue in office until his term expires next January. Shortly thereafter, another post appeared that said he endorsed his DEI hire Kamala Harris as his successor. It is more than a little strange that Biden made no appearance on television to announce these momentous news...
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