Category Archive: 6b.) Mises.org

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Demonizing Men with False Data on Sexual Abuse

2023-07-05

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2023-07-05

In today's progressive climate, sexual assault charges are easy to make and hard to refute, even when they are demonstrably false. Original Article: "Demonizing Men with False Data on Sexual Abuse"

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Is Microsoft-Activision Opposition a Repetition of Vons-Shopping Bag?

2023-07-05

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2023-07-05

President Joe Biden’s Federal Trade Commission (FTC) appointees have an affinity for returning to an earlier era’s antitrust enforcement, sometimes summarized as a “big is bad” or “neo-Brandeisian” approach. The most famous (or notorious) current example is the FTC’s opposition to the proposed merger between Microsoft and Activision. In their words, the merger would give Microsoft “both the means and motive to harm competition.” How could that...

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Will the Fed Ever Relinquish Its New Powers?: The Fed’s “Cincinnatian Problem”

2023-07-05

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2023-07-05

In times of banking and financial crises, central banks always intervene. This is not a law of nature, but it is an empirical law of central bank behavior. The Federal Reserve was created 110 years ago specifically to address banking panics by expanding money and credit when needed, by providing what was called in the Federal Reserve Act of 1913 an “elastic currency,” so it could make loans in otherwise illiquid markets, when private institutions...

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From the Editor May/June

2023-07-04

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2023-07-04

When I was an economics undergraduate back in the 1990s, central bankers at the Federal Reserve were more or less above criticism. Those were the days when Alan Greenspan was acclaimed as “the maestro” and it was simply assumed central bankers could skillfully plan the economy to ensure growing prosperity forever. This isn’t an exaggeration. In 1998, the Wall Street Journal published an op-ed by MIT economist Rudi Dornbusch claiming that we have. ....

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3 Things to Remember on Independence Day

2023-07-04

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2023-07-04

It's difficult to say what most Americans commemorate or celebrate on Independence Day nowadays. Many appear to focus on some vague notion of "America." Others even take to jingoism equating the United States government with the very notion of "freedom."  Lost in all of this is the fact that the Declaration of Independence — the document we're supposed to remember today — is a document that promotes secession, rebellion, and...

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Do Boycotts Really Work? Another Look at the Bud Light Situation

2023-07-04

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2023-07-04

Some conservatives are upset because the new best-selling beer is owned by the same company that owns the beleaguered Bud Lite. Actually, they should have no problem with that. Original Article: "Do Boycotts Really Work? Another Look at the Bud Light Situation"

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Rothbard: The Free-Market and Antigovernment Roots of the American Revolution

2023-07-04

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2023-07-04

Historians have long debated the precise causes of the American Revolution: Were they constitutional, economic, political, or ideological? We now realize that, being libertarians, the revolutionaries saw no conflict between moral and political rights on the one hand and economic freedom on the other. On the contrary, they perceived civil and moral liberty, political independence, and the freedom to trade and produce as all part of one unblemished...

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Why Regimes Want to Rule Over Big States with More Land and More People

2023-07-03

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2023-07-03

When the Soviet Union began its collapse in 1989, the world witnessed decentralization and secession on a broad scale. Over the next several years, puppet regimes and states that were independent in name only broke away from Soviet domination and formed sovereign states. Some states which had completely ceased to exist—such as the Baltic states—declared independence and became states in their own right. In its heyday, the Soviet Union had been...

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Default by Inflation Is the Real Drama in the Global Debt Market

2023-07-03

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2023-07-03

While the faux debt ceiling drama rages in Washington, DC, governments worldwide are defaulting on their debt via inflation. Original Article: "Default by Inflation Is the Real Drama in the Global Debt Market"

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Myth #5: Economists, Using Charts or High Speed Computer Models, Can Accurately Forecast the Future

2023-07-03

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2023-07-03

Recorded by the Mises Institute in the mid-1980s, The Mises Report provided radio commentary from leading non-interventionists, economists, and political scientists. In this program, we present another part of "Ten Great Economic Myths". This material was prepared by Murray N. Rothbard. The problem of forecasting interest rates illustrates the pitfalls of forecasting in general. People are contrary cusses whose behavior, thank...

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How Should We Regulate the Sun (Since Our Government Regulates Nearly Everything Else)?

2023-07-03

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2023-07-03

When we think of “solar power,” we picture a field or a roof full of glass panels churning out electricity. However, this is just a more recent development in channeling the sun’s energy. Most histories of solar power will begin with stories regarding the use of magnifying glasses and mirrors to make fire. From the first to fourth centuries, the Romans began including large south-facing windows in their famous bathhouses, optimizing the heat energy...

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The Affirmative-Action Ruling Strengthens Vast Federal “Anti-Discrimination” Powers

2023-07-01

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2023-07-01

The U.S. Supreme Court on Thursday rejected race-based admissions in higher education at Harvard University and the University of North Carolina at Chapel Hill (UNC). The ruling likely calls into question the legality of most race-based college admissions policies, especially at elite colleges. In the ruling (Students for Fair Admissions v. Harvard) a majority of the justices ruled that the use of racial preferences in the admissions process at the...

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The Mystery of the Inverted Yield Curve

2023-07-01

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2023-07-01

In this week's episode, Mark looks back at the history of the Inverted Yield Curve. While many observers have now dismissed the significance of the yield curve inversion in 2022—and no recession, yet—Mark shows that the history of the IYC may back a completely opposite interpretation. Be sure to follow Minor Issues at Mises.org/MinorIssues.

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Unraveling the Fallacy of Natural Monopolies

2023-07-01

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2023-07-01

Most cartels and trusts would never have been set up had not the governments created the necessary conditions by protectionist measures. Manufacturing and commercial monopolies owe their origin not to a tendency immanent in capitalist economy but to governmental interventionist policy directed against free trade and laisser-faire. —Ludwig von Mises, Socialism The concept of natural monopolies has often intrigued economists and policymakers, serving...

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Why the Official Data Shows There’s No Recession

2023-07-01

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2023-07-01

Allow me to explain why we have not seen a recession yet despite the collapse in base money supply. We are witnessing the stealth nationalization of the economy. What does this mean? The entire burden of the monetary collapse and rate hikes is falling on the shoulders of families and small businesses, while large corporations and governments are virtually unaffected. Thus, when an agent like the state, which weighs 40 to 60 percent of GDP in most...

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Declaring Independence from the Parasite Caste

2023-07-01

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2023-07-01

July 4 is approaching, and many Americans are excited to celebrate their so-called independence. Why? How will this July 4 be any different from that of 2020? Haven’t the past three years revealed that Americans not only take liberty for granted but readily reject it? Is it not the least bit curious that some, if not most, of those who’ll be setting off fireworks also begged to be locked down and masked? Yes, the frauds that are “public health” and...

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The Impact of Falling M2 on Prices and Jobs

2023-06-30

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2023-06-30

The Mises Institute's Executive Editor Ryan McMaken joins Bob to discuss his latest article, in which Ryan spells out the state of the M2 money supply and possible implications for consumer prices and an impending recession. Ryan's Mises.org article on M2: Mises.org/HAP402a Ryan's QJAE article on the inverted yield curve: Mises.org/HAP402b The Impact of Falling M2 on Prices and Jobs Video of The Impact of...

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A Peaceful International Order Needs Free Markets

2023-06-30

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2023-06-30

The Ukraine war raises issues of the legitimacy and usefulness of the “rules-based” international order (RBO) that supposedly governs international relations. The United States and the North Atlantic Treaty Organization (NATO) have strongly condemned Russia’s invasion of Ukraine and its violation of international law and rules, and the US is also concerned about the economic and military rise of China and its alleged intentions to reshape the RBO....

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Fossil Fuels Enable Us to Better Fight Fires and Other Environmental Disasters

2023-06-30

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2023-06-30

The latest round of wildfires in Canada has brought out the usual statist demands that we ban fossil fuels, but in the real world fossil fuels protect people from climate-related disasters. Original Article: "Fossil Fuels Enable Us to Better Fight Fires and Other Environmental Disasters"

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Help Make MU 2023 the Best Ever

2023-06-30

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2023-06-30

When I opened the first Mises University, I could only dream about how many students would participate, how many classes would be taught, and how many lives would be changed for the better. Now as we plan the thirty ninth event, we need your help. It was obvious students were not learning real economics and were even being taught lies in the classroom. Mises and Rothbard were being ignored for Marx and Keynes. This had to change. Thanks to Mises...

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