As a true market entrepreneur, as opposed to a political entrepreneur, James J. Hill successfully built a transcontinental railroad, outcompeting his government-subsidized competitors.
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Category Archive: 6b.) Mises.org
“Experts” Don’t Know How Ignorant They Are
The central philosophy of progressivism is that we should be governed by so-called experts. What happens, however, when the “experts” are just plain wrong?
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U.S. Treasury Yields Signal Fed Rate-Cut Expectations
Markets price in a near 97% probability of a 25-bp rate cut in Oct and a 94% probability of another 25-basis-point rate cut in Dec.
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The Myth of the “Robber Barons”: James Hill versus the Crony Competitors
As a true market entrepreneur, as opposed to a political entrepreneur, James J. Hill successfully built a transcontinental railroad, outcompeting his government-subsidized competitors.
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Trump calls off trade talks with Canada over Ontario’s anti-tariff ad
Trump's rule-by-decree protectionism continues as he insists Americans must pay more taxes to get Canadian goods and raw materials.
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2 percent inflation? 2026 COLA benefit increases 2.8%
The Social Security cost-of-living adjustment will be 2.8% in 2026, the Social Security Administration said.
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Neo-Luddite Hokum from Conservatives Strikes Again
AI doomerism and neo-Luddite sentiments have become increasingly prevalent in recent discourse.
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Defending Dixie: A Defender of the South
Dr. David Gordon, in today’s Friday Philosophy, reviews Clyde N. Wilson’s, Defending Dixie: Essays in Southern History and Culture. In these essays, Professor Wilson defends secession and the Southern cause.
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Can Trump murder anyone so long as Trump calls him/her a “narco-terrorist”?
Napolitano: "The Trump administration has claimed that it can kill whomever it designates as an unlawful enemy combatant. The evidence is this: "trust me, bro."
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The Myth of Planned Obsolescence
The concept of “planned obsolescence” makes no economic sense and is often an excuse for governments to harass and shake down innovative entrepreneurs. Much of so-called planned obsolescence is really entrepreneurship at work improving products for users and consumers.
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We Have Not Properly Reckoned with the Economic Insanity of 2020
The governmental response to the covid pandemic was to cripple the economy. To compensate for the damage, the Federal Reserve unleashed massive inflation in an attempt to do what the Fed always does in a crisis: bail out the economic actors.
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The Myth of Planned Obsolescence
The concept of “planned obsolescence” makes no economic sense and is often an excuse for governments to harass and shake down innovative entrepreneurs. Much of so-called planned obsolescence is really entrepreneurship at work improving products for users and consumers.
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America Hurts Farmers and Discounts China’s Soy Imports while Providing a Crutch for Argentina
Once again, the Trump administration’s “dealmaking” on international trade has blown up, this time pulling the rug from under US soybean farmers. This isn’t the first trade policy fiasco, nor will it be the last.
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Freedom in Money: Hayek’s Competing Currencies, the Fed, Gold, and Crypto
Dr. Alex Pollock shows Hayek’s case for currency competition over central-bank monopoly—why real monetary freedom means letting monies compete.
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Memories of Delray and 30 Years of Mises.org
On this special episode of Power and Market, Joshua Mawhorter joins Tho Bishop and Connor O'Keeffe to talk about the recent Supporters Summit, the legacy of Mises.org, and a few books they are reading.
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America Hurts Farmers and Discounts China’s Soy Imports while Providing a Crutch for Argentina
Once again, the Trump administration’s “dealmaking” on international trade has blown up, this time pulling the rug from under US soybean farmers. This isn’t the first trade policy fiasco, nor will it be the last.
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The Danger of Deflation (Phobia)
Dr. Joe Salerno argues we shouldn't fear falling prices: productivity-driven deflation raises living standards, while “deflation phobia” props up inflation targeting.
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New Rothbard Letters Show His Early Opposition to both Nixon and Reagan
“I see that you are preparing the groundwork for supporting Nixon,” Rothbard wrote Meyer. “Again, for shame! Is this what conservative principles are coming down to...?"
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On Swiss National Bank
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SNB Sight Deposits: decreased by 15 billion francs compared to the previous four weeks
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2025-07-31 – Interim results of the Swiss National Bank as at 30 June 2025
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SNB Brings Back Zero Percent Interest Rates
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Hold-up sur l’eau potable (2/2) : la supercherie de « l’hydrogène vert ». Par Vincent Held
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2025-06-25 – Quarterly Bulletin 2/2025
Main SNB Background Info
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