Category Archive: 6b.) Mises.org

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It’s No Surprise that Conservatives Have Rediscovered Their Love of Federal Power

2026-02-03

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2026-02-03

There is no reason to be surprised by the total lack of commitment to any ideological standards. Nor is there any reason to expect anything better. That's just how American politics works.

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Adam Smith Misunderstood the Origins of the Division of Labor

2026-02-03

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2026-02-03

Although Adam Smith is well-known for emphasizing division of labor, his analysis was woefully incomplete, as Dr. Mark Thornton points out.

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Silver price back above $80 after 31% drop on Friday

2026-02-03

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2026-02-03

Gold’s price dropped from close to $5,600 to less than $4,500 on Monday. Silver plunged 31.4% on Friday alone.

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Bureaucracy Increases Accidents and Risks

2026-02-03

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2026-02-03

The market regulates accidents very effectively. If the state does not coercively interfere, competition between companies forces them to improve services to the maximum.

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Silver Slammed as Trump Nominates New Fed Chair

2026-02-02

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2026-02-02

Mark Thornton presents a timely interview with Elijah K. Johnson that underscores how quickly “melt-ups” can flip into sharp corrections.

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A Positive View of Sectional History

2026-02-02

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2026-02-02

In most nations of any size, sectionalism is almost inevitable. How nations handle such divisions, historian Frank L. Owsley, determines if sectionalism is peaceful or becomes violent. It became violent in the US in 1861.

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The Political Economy of Pesticides: How to Subsidize a Poison

2026-02-02

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2026-02-02

Will the Make America Healthy Again (MAHA) succeed? If the regulatory story of DDT is a prime example of government regulation in action, then the answer is a resounding no.

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It’s No Surprise that Conservatives Have Rediscovered Their Love of Federal Power

2026-02-02

by

2026-02-02

There is no reason to be surprised by the total lack of commitment to any ideological standards. Nor is there any reason to expect anything better. That's just how American politics works.

Read More »

Are There Constants in Economics?

2026-02-02

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2026-02-02

One of the Austrian arguments against using mathematics to model economic phenomena is that there are no constants in economics, as things always are changing.

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The True Dollar Price to Redeem an Ounce of Gold

2026-02-02

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2026-02-02

It is clear that the government has lost all spending discipline and it would be foolish to believe that it will suddenly regain that discipline absent an external control, namely, gold.

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Have Fiat Money, Will Tyrannize

2026-02-01

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2026-02-01

Thanks to the Federal Reserve, the US government will always have enough printed money to fund its tyrannical schemes.

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The Division of Labor

2026-01-31

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2026-01-31

Entrepreneurs, prices, and profit-and-loss coordinate the division of labor that makes prosperity possible.

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The Political Economy of Pesticides: How to Subsidize a Poison

2026-01-30

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2026-01-30

Will the Make America Healthy Again (MAHA) succeed? If the regulatory story of DDT is a prime example of government regulation in action, then the answer is a resounding no.

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The Panic of 1857: An Austrian View

2026-01-30

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2026-01-30

Economic historians usually are mistaken when looking at the causes of the Panic of 1857. Douglas E. French sets the record straight.

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Kevin Warsh’s Successful Political Campaign

2026-01-30

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2026-01-30

Leading up to his selection, Warsh had expertly crafted a message for his chosen audience of one—Donald Trump.

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Trump wants markets up and more easy money. Warsh will deliver.

2026-01-30

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2026-01-30

Warsh's hawkish credentials are real. His hawkish future is not. Trump didn't pick him to raise rates and crash markets before the midterms.

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Unger The Weather

2026-01-30

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2026-01-30

In this week’s Friday Philosophy, Dr. David Gordon examines the demands of philosopher Peter Unger, namely, that we be forced to give up our wealth to fund a world welfare state. Suffice it to say that Dr. Gordon is not impressed with Unger’s arguments.

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Trump picks Kevin Warsh as new Federal Reserve chair.

2026-01-30

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2026-01-30

If confirmed by the Senate, Warsh would succeed current Fed Chair Jerome Powell, whose term ends in May.

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Fraud as Policy: The Incentives of the Modern Welfare State

2026-01-30

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2026-01-30

Politicians and the media always express shock when they hear about the latest fraudulent schemes involving the welfare system. They shouldn't be surprised, as nothing incentivizes fraud like the welfare state.

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Mises, Money, and Catallactics: The State “Theory” of Money Abandons Economics

2026-01-29

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2026-01-29

Ironically, an acatallactic pseudo-theory of money that emerged from a school of thought that rejected theory in favor of an empirico-realistic, historical theory of money now finds it intellectually acceptable, not only to reject catallactic economic theory, but also empirical history.

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