Category Archive: 6b.) Mises.org

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Doctor Copper

2024-05-18

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2024-05-18

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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Riding the Economic Rollercoaster: The Austrian Business Cycle Theory

2024-05-18

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2024-05-18

Imagine the economy as a roller coaster—a ride with thrilling booms that must be followed by the inevitable dread of busts, at least if the booms are artificially enhanced. Welcome to the Austrian business cycle theory (ABCT), a theory that translates these physical rules to economic ideas and explains the volatile ups and downs of an economy. This theory isn’t just an academic exercise, but it’s also a practical tool that helps us anticipate and...

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Dualism and Calculation: What Mises Taught Me about Economics and Capitalism

2024-05-18

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2024-05-18

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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The Money Supply Is Growing Again and the Fed Wants It that Way

2024-05-17

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2024-05-17

Money-supply growth fell year over year again in March, but March’s decline was the smallest money-supply drop recorded in sixteen months. Moreover, the money supply in March grew—month over month—by the highest rate in two years. The current trend in money-supply growth suggests a continued turnaround from more than a year of historically large contractions in the money supply. As of March, the money supply appears to be in a period of...

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Mises’s Epicurean Ethics

2024-05-17

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2024-05-17

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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Human Action: The Antidote to Progressivism

2024-05-17

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2024-05-17

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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The National Security Complex: Contemporary Statism on Steroids

2024-05-17

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2024-05-17

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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Welcome and Opening Remarks

2024-05-17

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2024-05-17

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, Corporate Profits Don’t Cause Inflation

2024-05-17

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2024-05-17

The Guardian reported,A new report claims “resounding evidence” shows that high corporate profits are a main driver of ongoing inflation, and companies continue to keep prices high even as their inflationary costs drop.The report, compiled by the progressive Groundwork Collaborative think tank, found corporate profits accounted for about 53% of inflation during last year’s second and third quarters. Profits drove just 11% of price growth in the 40...

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Mateusz Machaj on Economists and Inflation

2024-05-17

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2024-05-17

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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There Are Good Reasons Why Consumer Confidence Is Low

2024-05-17

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2024-05-17

Most people have heard about statistics or polls that report on the state of the American consumer and something called “consumer confidence,” but few know what they are or what they mean or even recall what the latest reports reveal.You might have also heard that Keynesian Paul Krugman had claimed that such statistics were biased against Democrats and President Biden, but my colleague at the Mises Institute, Jonathan Newman, showed that properly...

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Brad Delong is Totally Wrong about Inflation & Fed Policy

2024-05-17

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2024-05-17

Economist Brad Delong believes that the US economy is in the midst of a soft landing, and that the Federal Reserve should have started cutting interest rates in January. Delong fears that the Federal Reserve “might upend America’s soft economic landing” if it doesn’t begin cutting interest rates soon.DeLong points out that core CPI (omitting food and energy prices) has fallen recently; it’s lower than it was a year ago. There are several problems...

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Nuclear Option Has Foreign Central Banks Dodging the Dollar and Going for Gold

2024-05-17

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2024-05-17

In the currency playground, the United States is the world’s biggest bully. With the world’s reserve currency Uncle Sam doesn’t use the dollar for diplomacy but for destruction. Responding to Russia’s attack on Ukraine in 2022, the U.S. “responded with an extraordinary amount of sanctions and cutting off Russia from the dollar-based system in almost every way imaginable,” Bloomberg’s Joe Weisenthal said on the Odd Lots podcast.It was Woodrow...

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Ludwig von Mises on Ethics

2024-05-17

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2024-05-17

Ludwig von Mises maintains that there are two ways of looking at ethics: one is that ethics is about how each person can satisfy his personal preferences, and the other is that there is an objective law that dictates what people ought to do. Mises places almost all ethical systems except for utilitarianism, which he sometimes call eudaemonism, in the latter camp. These systems include natural law ethics, divine command ethics, and Kantian ethics....

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My Discovery of Human Action and Mises as a Philosopher

2024-05-17

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2024-05-17

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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Blowback in the African Coup Belt

2024-05-17

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2024-05-17

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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Profit Is Not Plunder

2024-05-17

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2024-05-17

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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Zwolinski Tries to Take Rothbard to the Mat

2024-05-17

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2024-05-17

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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War Hysteria Fuels New Attacks on Free Speech

2024-05-17

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2024-05-17

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...

Read More »

As the Dollar Falters, Gold Becomes Insurance, Not Speculation

2024-05-17

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2024-05-17

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...

Read More »