Category Archive: 6b.) Mises.org

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Price Controls and Alcoholism—The Buzz First, the Hangover Later

2024-11-12

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2024-11-12

Just ignore the economists, says a recent article in The Atlantic. Well, what about listening to economists concerning the devastating effects of price controls? If we ignore economists, then it would be easy to ignore market interventionists’ uncontrollable and intoxicating need to impose price floors and ceilings in marketplaces and the effects of these controls on society at large. What economists know that The Atlantic author does not know is...

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How to Pitch Austrian Economics to Stable Economies

2024-11-12

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2024-11-12

The images coming out of Latin America are hard to ignore. Tens of thousands of gang members in Bukele’s El Salvador lined up, shoulder-to-shoulder, waiting to be placed in prison, their rights suspended as a result of a crackdown on gang activity. Hundreds of government workers for AFIP—Argentina’s version of the IRS—standing in a multi-level gallery, papers drifting down to the bottom floor as they learn the agency has been shuttered. While the...

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Assumptions in Economics and in the Real World

2024-11-11

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2024-11-11

Assumptions that some economists are employing in their theories appear to be detached from the real world. For example, in order to explain the economic crisis in Japan, Paul Krugman employed a theory based on the assumptions that people are identical and live forever. Whilst admitting that these assumptions are not realistic, Krugman nonetheless is of the view that somehow his theory could be useful in offering solutions to the economic crisis in...

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Your Kids Are Already Communist, and College Will Make It Worse

2024-11-11

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2024-11-11

Children in the US are raised to be communists. Most of the parents are too and don’t even know it. It doesn’t matter if you send them to public or private schools as all the education degree-granting schools bias the learning process against the competitive capitalist “liberal” or open-minded society. Instead, the curriculum is less about learning about reality and is heavy on propagandizing children against capitalism and towards...

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Mises on the Human and Financial Disaster that Was World War I.

2024-11-11

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2024-11-11

Ludwig von Mises had several experiences throughout his life, counted among them when he was drafted and served as an Austro-Hungarian officer in the First World War. Initially, he served as an artillery officer on the Eastern Front, then, for a short time, he was called to Vienna to work in Department 13 (relating to military economy) of the Ministry of War of the Empire of Austria and Hungary.In Notes and Recollections, in the chapter devoted to...

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Does the Central Bank Determine Interest Rates?

2024-11-11

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2024-11-11

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 Manifestation of Economic Laws Across Societies and Epochs

2024-11-11

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2024-11-11

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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Keynes Was Not Much Better at Investing than He Was at Understanding Economics

2024-11-11

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2024-11-11

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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How the Bankers Outfoxed the Politicians

2024-11-11

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2024-11-11

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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Who Killed Liberalism? Remembering the Walter Lippmann-Mises Colloquium

2024-11-11

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2024-11-11

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 Matter the Form, Easy Money Is Still a Fraud

2024-11-11

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2024-11-11

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 Perils of Lawfare

2024-11-11

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2024-11-11

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 Constitution’s Negative Effects on Free Trade

2024-11-11

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2024-11-11

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 Betrayal of Free Speech: Elon Musk Buckles to Government Censorship, Again

2024-11-11

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2024-11-11

In April 2024, STF Justice Alexandre de Moraes of Brazil ordered the suspension of dozens of accounts on X for allegedly spreading disinformation. Musk denounced the orders as censorship and refused to comply. The dispute escalated, leading to the ban on X in Brazil. After months of defiance, Elon Musk’s social media platform has decided to comply with Brazilian court orders, censoring users at the behest of the government.As a staunch defender of...

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The Complex Legacy of George Orwell

2024-11-09

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2024-11-09

George Orwell, one of the most influential political writers of the 20th century, is widely recognized for his searing critiques of totalitarian regimes in his novels Animal Farm and 1984. Orwell’s portrayal of state control, propaganda, and the manipulation of truth has resonated with readers across the political spectrum. However, Orwell’s personal political ideology and his critiques of totalitarianism are far more complex than is often...

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A View from The Top

2024-11-09

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2024-11-09

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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Historical Revisionism: What It Is and What It Is Not

2024-11-09

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2024-11-09

An activist historian in the United Kingdom, who rose to prominence as a supporter of Black Lives Matter, recently expounded to the Times on what he sees as the proper role of historians: “I think [the job of historians] is to try to stand there at this arsenal of dangerous ideas and to make it more difficult for people to raid that arsenal to use it for their political projects. It is to complicate the picture; it is to show that these simple...

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All States are Empires of Lies

2024-11-09

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2024-11-09

This article is a version of a speech delivered at the 2024 Mises Institute Supporters Summit.“Most economists are political apologists masquerading as economists,” wrote Doug Casey in one of his columns. “They prescribe the way they would like the world to work and tailor theories to help politicians demonstrate the virtue and necessity of their quest for power.”Moreover, wrote Casey, “The field of economics has been turned into the handmaiden of...

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Why Kamala Harris Lost the Election

2024-11-09

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2024-11-09

Kamala Harris’s 2024 bid for the White House was met with high expectations but ultimately resulted in a resounding defeat. Her campaign strategies, media approach, and messaging choices are seen as pivotal in alienating core constituencies while also failing to resonate with the broader American electorate. A major blunder was her campaign’s inability to connect with white men and key segments of her base, such as white women and Hispanic voters....

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QJAE: Common Fallacies in the 2023 Debt-Ceiling Debates

2024-11-08

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2024-11-08

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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