Category Archive: 6b.) Mises.org

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The NRA Would Be Wise to Leave New York ASAP

2020-10-13

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2020-10-13

Audio Mises Wire
The NRA would be wise to vote with its feet. Millions of Americans have already escaped the high taxes and freedom-destroying blue state regimes by doing the same. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack. Original Article: "The NRA Would Be Wise to Leave New York ASAP".

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A Critique of the Labor Theory of Value

2020-10-13

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2020-10-13

Before proceeding, we should be clear on what an economic theory of value is supposed to do: its task is simply to explain the exchange value of particular goods and services. That is, an economic theory of value must explain why someone selling good X can receive x berries in exchange for it, whereas someone selling good Y will only find someone willing to give up y berries in exchange for his good (where y< x).

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Japan Embraced Debt as a Way out of Its Budget Crisis. It’s Not Working.

2020-10-12

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2020-10-12

Tax Revenues of Japan’s Central Government
The sudden resignation of Japans Prime Minister Shinzo Abe has led to evaluations of his so-called Abenomics. Many have praised Abe’s aggressive monetary policy because the long shopping list of the Bank of Japan (government bonds, corporate bonds, ETFs and real estate investment trusts) has inflated stock and real estate prices (Shirai 2020; Financial Times 2020).

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Our Politicians Would Probably Be Better If We Picked Them by Lot

2020-10-11

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2020-10-11

Audio Mises Wire
Rather than choose among a group of narcissists desperate to become popular by redistributing the income of others, why not choose officeholders by lot for a single term?

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The Second Act Will Be Worse Than the First: Lockdowns Are Not the Answer

2020-10-10

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2020-10-10

In the first presidential “debate” (I use that word creatively), Joe Biden hinted that he would order a national lockdown in order to “defeat” the covid-19 virus, and there certainly seems to be a consensus in the media and among political elites that if there is another “outbreak” of covid, then the “shelter in place” order will be the law of the land.

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What “Experts” Miss about Economic Inequality

2020-10-10

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2020-10-10

That’s a question USA Today posed to three “policy experts on the left and the right” in this recent article. The responses, while unsurprising, were nevertheless disappointing. For libertarians, economic inequality itself is not problematic, as long as it is in the context of an unfettered market economy free of government privileges and interference.

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Most Everything Governments Do Should Be Regarded as “Corrupt”

2020-10-09

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2020-10-09

Audio Mises Wire
Governments that redistribute wealth and regulate our daily lives are inherently corrupt. We cheapen the word "corruption" when we reserve it for just a few politicians who break the arbitrary rules.

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Problems with Theories on the Black-White Wealth Gap

2020-10-09

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2020-10-09

The wealth gap between white and black Americans is frequently discussed. Today it’s becoming popular to attribute disparities to black culture. Clearly all cultures are not equal, but can the subculture of some black American communities explain variations within the wealth gap?

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If the US Adopts Eurozone Policies, the Jobs Recovery Will Suffer

2020-10-08

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2020-10-08

Audio Mises Wire
The best social policy is one that supports job creation and rising wages. Entitlements do not make a society more prosperous, and ultimately drive it to stagnation. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros. Original Article: "If the US Adopts Eurozone Policies, the Jobs Recovery Will Suffer​".

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If We Want to Increase Demand in the Market, We Must First Increase Production

2020-10-07

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2020-10-07

Following the ideas of John Maynard Keynes and Milton Friedman, many commentators associate economic growth with increases in the demand for goods and services. Both Keynes and Friedman held that the Great Depression of the 1930s was due to an insufficiency of aggregate demand and that thus the way to fix the problem was to boost aggregate demand.

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Explaining the Plan to Dismantle Schools and the Fed’s Alchemy

2020-10-06

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2020-10-06

Bob reads from an article recently tweeted out by the NEA, which calls for an end to schooling as we know it in order to promote anti-racism. He then discusses what the Fed has been up to since the coronavirus panic began.

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The Absurdity of Covid “Cases”

2020-10-05

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2020-10-05

Today's headlines announced Donald and Melania Trump "tested positive" for covid-19. Another claims nineteen thousand Amazon workers "got" covid-19 on the job. Both of these pseudostories are sure to ignite another absurd media frenzy. 

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The 2020 Debate: A Breakdown

2020-10-04

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2020-10-04

Ryan McMaken and Tho Bishop talk about Tuesday's debate, why "the issues" don't matter, and why the debate probably won't change the minds of many voters.

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Rising Homicides This Year May Be Yet Another Side Effect of Covid Lockdowns

2020-10-03

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2020-10-03

During Tuesday's presidential debate, former vice president Biden attempted to paint Donald Trump as the bad-on-crime candidate when he claimed that crime had gone down during the Obama administration but increased during Trump's term. Whether or not this is a plausible claim depends on how one looks at the data. And given that law enforcement and criminal prosecutions for street crime are generally a state and local matter, it's unclear why any...

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If the US Adopts Eurozone Policies, the Jobs Recovery Will Suffer

2020-09-30

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2020-09-30

The employment recovery in the United States is as impressive as the collapse due to the lockdowns. In April I wrote a column stating that “The U.S. Labor Market Can Heal Quickly,” and the improvement has been positive. Very few would have expected the unemployment rate to be at 8.4 percent in August after soaring to almost 15 percent in the middle of the pandemic.

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Why “Taxing the Rich” Doesn’t Make Us Better Off

2020-09-29

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2020-09-29

The complete confiscation of all private property is tantamount to the introduction of socialism. Therefore we do not have to deal with it in an analysis of the problems of interventionism. We are concerned here only with the partial confiscation of property. Such confiscation is today attempted primarily by taxation.

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Mises and Moral Relativism

2020-09-29

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2020-09-29

I heard several days ago from my friend Larry Beane that people in Walter Block’s seminar who had been reading Theory and History wondered whether Mises is a moral relativist. As I’ll try to show, the answer depends on what you mean by “moral relativist,” but in the way the term is usually understood in contemporary philosophy, he isn’t.

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Rent Control Is Bad for Renters, but Good for Politicians

2020-09-28

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2020-09-28

Ontario’s ever-changing rent control policies prove that politicians are just as committed to flip-flopping as the Minnesota Vikings are to not winning the Super Bowl.

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Compulsory vs. Free Education

2020-09-26

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2020-09-26

[A selection from Education: Free and Compulsory.] The Reverend George Harris described the effects of compulsory education in imposing uniformity and enforced equality (soon after the establishment of compulsion).

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Carter vs. Reagan: The Last Semi-Intelligent Presidential Race

2020-09-25

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2020-09-25

Presidential campaigns in the United States tend to be discouraging affairs, even if one is not a libertarian who has zero expectations that anything good can come from American elections. The old saw that insanity consists of doing the same thing repeatedly and somehow expecting different results applies to presidential campaigns as well as to anything else.

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