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Category Archive: 6b.) Mises.org

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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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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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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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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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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...

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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...

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The Hush-Money Case against Trump Is Ridiculous and Revealing

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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Thinking Properly about Public Welfare

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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How Does Money in Our Possession Acquire Value?

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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The Book That Made Me an Economist

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 Law of Association: Foundation of Human Society

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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Entrepreneurship and Property Rights

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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DISRESPECT: Public Schools Got It

2024-05-17

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2024-05-17

Some of us may remember the Helen Lovejoy character in The Simpsons, who would appear any time some catastrophe befell the town and plaintively wail, “Won’t someone please think of the children?!” The joke here, of course, is that as long as you do something in the name of helping children, it must be right, and you must be virtuous.Such sentiments are easily ridiculed in cartoons, but unfortunately, they take root in reality like Russian knapweed...

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Public Schools Have No Respect for the Students or Their Parents

2024-05-17

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2024-05-17

Some of us may remember the Helen Lovejoy character in The Simpsons, who would appear any time some catastrophe befell the town and plaintively wail, “Won’t someone please think of the children?!” The joke here, of course, is that as long as you do something in the name of helping children, it must be right, and you must be virtuous.Such sentiments are easily ridiculed in cartoons, but unfortunately, they take root in reality like Russian knapweed...

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Mises and Rothbard on Credit Contraction during a Downturn

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 U.S. Defeat in Vietnam Changed Nothing

2024-05-16

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2024-05-16

April 30 was the anniversary date when North Vietnamese forces forced U.S. officials to exit Vietnam, much to their chagrin. That was after some 58,000 American men had died for nothing, not to mention the tens of thousands of injured American soldiers and the millions of Vietnamese who were killed or injured as a result of U.S. intervention in Vietnam’s civil war.To this day, there are those who claim that those 58,000 men died for their country...

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Both of Biden’s Key Economic Advisers get Basic Econ Wrong

2024-05-16

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2024-05-16

The Secretary of the Treasury and the Chair of the Council of Economic Advisers are the two principal economic advisors for any president. President Biden chose Janet Yellen as Secretary of the Treasury and Jared Bernstein as the Chair of his Council of Economic Advisers.Stephanie Kelton asked Bernstein a basic question about Biden’s monetary and fiscal policies. Bernstein responded with a shocking statement.“The US government can’t go bankrupt...

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