Category Archive: 6b.) Mises.org

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Monetary Competition: The Best Alternative to Razing Central Banks to the Ground

2021-10-01

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2021-10-01

[Editor's note: Two interviews from August 1992, given by Murray Rothbard to the Swedish student publication Svensk Linje (continuously published since 1942) were recently discovered in the Rothbard Archives and translated by Sven Thommesen for the first time.

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The 1787 Constitution Was a Radical Assault on the Spirit of the Revolution

2021-09-30

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2021-09-30

It was a bloodless coup d’état against an unresisting Confederation Congress. The original structure of the new Constitution was now complete. The Federalists, by use of propaganda, chicanery, fraud, malapportionment of delegates, blackmail threats of secession, and even coercive laws, had managed to sustain enough delegates to defy the wishes of the majority of the American people and create a new Constitution.

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Middle of the Road Leads to Socialism: An Online Seminar with Dr. Robert Murphy

2021-09-29

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2021-09-29

This is a special virtual seminar for donors to our fall campaign.  Donate Today! On Friday, October 8, at 2:00 p.m. CDT, Jeff Deist and Bob Murphy will discuss Mises's views on interventionism and their continued relevance today, particularly after the last year and a half of economic intervention resulting from covid tyranny.

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Why Everyone Should Read These Two Essays by Ludwig von Mises

2021-09-28

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2021-09-28

Like virtually all of the work of Ludwig von Mises, these two essays, his 1958 Liberty and Property and his 1950 Middle-of-the-Road Policy Leads to Socialism are timeless. They are as important now as they have ever been and will increase in relevance as the growth of government continues almost unabated.

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The Rise and Fall of the Japanese Miracle

2021-09-27

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2021-09-27

In 1943, John Maynard Keynes claimed that central-bank credit expansion performs the "miracle of turning a stone into bread." In its attempt to revive itself after a long recession, the Japanese government and central bank have given the world its last twentieth-century Keynesian experiment. It is an experiment that has failed, and miserably so.

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Too Much Inflation? Just Raise the Inflation Target!

2021-09-26

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2021-09-26

In late August, Fed chairman Jerome Powell suggested that the Federal Reserve would begin tapering before the end of the year, an admission that price inflation was rising above the 2 percent target. Nonetheless, the Fed took no immediate action in the following month.

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PL2 Highlights: Albion 2 Leicester 1

2021-09-24

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Jeremy Sarmiento hits a superb strike before Andrew Moran's dramatic stoppage-time winner for Albion's men's under-23s against Leicester.

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Is Self-Ownership Necessary?

2021-09-22

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2021-09-22

Audio Mises Wire
Isn’t a principle of nonaggression against others another way of stating the self-ownership principle? "Not necessarily," says the insightful philosopher Chandran Kukathas.

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Es ist skandalös – Dein Geld wird die Hälfte seines Wertes verlieren!

2021-09-21

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Thorsten Polleit- Es ist skandalös - Dein Geld wird die Hälfte seines Wertes verlieren!

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Why the Federalists Hated the Bill of Rights

2021-09-21

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2021-09-21

The Constitution had been ratified and was going into effect, and the next great question before the country was the spate of amendments which the Federalists had reluctantly agreed to recommend at the state conventions. Would they, as Madison and the other Federalists wanted, be quietly forgotten?

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US Military Propaganda in Film, Sports, and TV: It’s Everywhere

2021-09-21

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2021-09-21

Audio Mises Wire
From the darkened cinema to the football field to the airport screening line, the US government inflated the actual threat of terrorism and the necessity of an aggressive military response. Original Article: "US Military Propaganda in Film, Sports, and TV: It's Everywhere" This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.

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Can Economic Data Explain the Timing and Causes of Recessions?

2021-09-20

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2021-09-20

Most economists are of the view that through the inspection of economic data it is possible to identify early warning signs regarding boom bust cycles. What is the rationale behind this way of thinking?

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What They Really Mean When They Say “Do the Right Thing”

2021-09-19

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2021-09-19

As a senior in high school, I ran for class president with “Do the right thing” as my campaign slogan. Though I realized years ago how utterly pretentious that message is, I’m often reminded that it’s good politics, which proves the point that politics is poison.

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The Fed Is Bailing Out the Wealthy as Everyone Else Pays the Price

2021-09-18

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2021-09-18

The Federal reserve says that inequality is a problem. At the same, the Fed also pretends to have nothing to do with it. Last September, for instance, Jerome Powell bemoaned the "relative stagnation of income" for people with lower incomes in the United States, but then claimed the Fed "doesn't have the tools" to address this issue.

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War Has Declined in the West Because War Isn’t “Worth It” for Rich Countries

2021-09-17

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2021-09-17

The triumph of peace in contemporary societies is expressed as an obvious fact by mainstream intellectuals. Noting the relatively peaceful state of the world is part of a broader narrative to paint a positive picture of humanity. Yet there is a kernel truth to the assertion that quality of life indicators are improving, as explored by Marian Tupy and other optimists. But the game of warfare is more complicated.

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The Political Alchemy Called Modern Monetary Theory

2021-09-16

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2021-09-16

The new kid on the economics block is something called modern monetary theory. The name is new, but the "theory" is not. Proponents adamantly claim that it is both new and a theory of economics. To make it appear this way, they dress the ideas in unusual-sounding jargon and use rhetorical tricks.

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Mark Spitznagel Teaches the Economists How to Invest

2021-09-16

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2021-09-16

Bob reviews Mark Spitznagel's latest book, Safe Haven: Investing for Financial Storms, on which he was a consultant. Bob explains that Spitznagel rejects the alleged dichotomy between risk and return, and then gives a numerical example to illustrate the two schools of thought.

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The Fed Is Helping Facilitate Trailer Park Evictions

2021-09-15

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2021-09-15

The Federal Reserve is helping corporate real estate investors evict poor people from mobile home parks. NPR highlighted the growing number of mobile home part evictions. According to the report, real estate investors continue to buy up mobile home parks across the US. They then raise lot rents and fees, and evict residents who can’t pay.

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Using the “Natural Interest Rate” In Setting Monetary Policy Is an Impossible Dream

2021-09-14

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2021-09-14

"The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist."

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A Legacy of Corruption in the FDA and Big Pharma

2021-09-13

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2021-09-13

Our healthcare system is broken, a fact nobody would have disputed in precovid days. Regulatory capture is a reality, and the pharmaceutical industry is fraught with examples. Yet we trusted private-public partnerships to find an optimal solution to a global pandemic, assuming a crisis would bring out the best in historically corrupt institutions.

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