Category Archive: 6b.) Mises.org

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How Australia and New Zealand Helped Provoke and Escalate the First World War

2023-04-10

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2023-04-10

Every year on April 25, Anzac Day is observed in Australia and New Zealand. It originally commemorated Australians and New Zealanders who served and died during the First World War. It has since become a day of remembrance for all Australians and New Zealanders who have served and died in military conflicts. One can understand the desire to mourn the dead. However, the loyalist nature of the commemorations—military and government figures are...

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The Great Reset: Mises in Birmingham

2023-04-10

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2023-04-10

Students apply for an admission scholarship here. In recent years, Americans have suffered from the horrors of covid tyranny, government-directed corporate censorship, and now our current banking crisis. The global elite have never been more obvious in their intentions for the greater control over society. Their aim is further consolidation of power and wealth into the hands of radical ideologues and to transform almost every aspect of human...

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Jeff’s Farewell To The Human Action Podcast

2023-04-08

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2023-04-08

Jeff and Bob review the history and impact of The Human Action Podcast—formerly Mises Weekends—and discuss where the podcast is headed.  Get Jeff's new book A Strange Liberty: Politics Drops Its Pretenses: Mises.org/Strange [embedded content]

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The Gold Family

2023-04-08

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2023-04-08

This episode explores precious metals. Gold (Au) is the main precious metal, followed by Silver (Ag), Platinum (Pt), and Palladium (Pd). These are distinct from valuable industrial metals such as copper (which served as money historically), nickel, and zinc, which have served as token coins in modern times. There are many different ways and forms you can own precious metals. Be sure to follow Minor Issues at Mises.org/MinorIssues.

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Were Recent Bank Failures the Result of Lax Regulation? In a Word, No

2023-04-08

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2023-04-08

With the recent collapse of Silicon Valley Bank and Signature Bank, financial markets all around the world are on edge. Despite promises from the Federal Reserve that a “soft landing” of the economy is on the way, all signs point to an imminent “crash landing”! While the full consequences of these bank failures are yet to fully play out, a prized and popular scapegoat has already been trotted out to explain the current crisis: deregulation of...

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Boeing 737 MAX Disasters’ Root Cause Was Government Regulation

2023-04-08

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2023-04-08

On October 29, 2018, on Lion Air Flight 610 out of Jakarta, Indonesia, a Boeing 737 MAX’s safety control pushed the plane’s nose down hard, paused for five seconds, then repeated this cycle, over and over. The pilots fought to pull the nose back up, only to get overpowered again and again. The passengers fell back against their seats, then fell forward, over and over. The seconds stretched on across all these souls’ last moments alive. On March 10,...

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Low Rates of Military Enlistment May Portend Prosperity Ahead

2023-04-07

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2023-04-07

A century ago, the US coal industry was at its peak employing 883,000, and today, coal employs fewer than 41,000. Is that a bad thing? Is the US worse off because of this? Though it’s remarkable––that 95 percent fewer coal miners are needed to power a population that’s now 2.9 times larger––can you name someone who cares? Is declining employment in the coal industry a threat to “national security”? Do the majority bemoan the rapidly declining...

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Central Banks Are Creating the Return of Mugabenomics

2023-04-07

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2023-04-07

Robert Mugabe, once president for life of Zimbabwe, became infamous for hyperinflation and political repression. Today, he is becoming the patron saint of central banking. Original Article: "Central Banks Are Creating the Return of Mugabenomics" This Audio Mises Wire is generously sponsored by Christopher Condon.

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The Fed Is Fixated On Jobs Numbers, and That May Be a Good Thing

2023-04-07

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2023-04-07

The Bureau of Labor Statistic (BLS) released new jobs data on Friday. According to the report, seasonally adjusted total nonfarm jobs rose 236,000 jobs (seasonally adjusted) in March, the smallest month-over-month jobs gain since December 2020. The unemployment rate fell slightly from from 3.6 percent to 3.5 percent (month over month). This has changed little since December 2022, and this reflects rising numbers in workforce participation as total...

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If at First You Don’t Secede . . .

2023-04-07

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2023-04-07

A Nation So Conceived: Abraham Lincoln and the Paradox of Democratic Sovereigntyby Michael P. ZuckertUniversity Press of Kansas, 2023; 416 pp. Michael Zuckert, a political philosopher who teaches at the University of Notre Dame, tries to make the best case he can for Abraham Lincoln, but in doing so he offers substantial material that supports those critical of the Great Emancipator. The book analyzes a number of speeches Lincoln gave, beginning...

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Wisdom from a Yenta

2023-04-07

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2023-04-07

Philosopher Susan Neiman may be a leftist, but she recognizes the dangers of woke progressivism. Original Article: "Wisdom from a Yenta" This Audio Mises Wire is generously sponsored by Christopher Condon.

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Presidents Are Legally Immune for Their Most Dangerous Crimes

2023-04-07

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2023-04-07

Manhattan district attorney Alvin Bragg has charged former president Donald Trump with thirty-four felonies tied to his payments to two women prior to the 2016 election. Some pundits are outraged that a former president is facing charges, and others are jubilant that Trump now has a mug shot. But this case will do nothing to curtail the most dangerous immunities that presidents possess. Neither presidents nor any federal officials were entitled to...

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Role Reversal: The Collapse of the Dollar-Enforced Empire

2023-04-07

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2023-04-07

The Soviet empire started to crumble around 1989. The time period between the forming of the North Atlantic Treaty Organization (NATO) in the late 1940s and the retreat of Russia from Eastern Europe with the eventual collapse of communism in Russia is known as the Cold War. There was a great power confrontation in Europe that did not result in war. Essentially, US-led NATO stood its ground to prevent further Soviet expansion from the territory it...

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Credit Suisse Collapsed Because of Government Intervention, Not Despite It

2023-04-06

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2023-04-06

The standard narrative around current bank failures is that they occur because of a lack of regulation. Credit Suisse was heavily-regulated; that was the problem. Original Article: "Credit Suisse Collapsed Because of Government Intervention, Not Despite It" This Audio Mises Wire is generously sponsored by Christopher Condon.

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Biden’s Wealth Tax Is a Trojan Horse Requiring Multiple Manipulations

2023-04-06

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2023-04-06

While no one expects politicians to be honest, one of the biggest lies that comes from President Joe Biden, members of his party, and those who echo their messages is that “the rich pay less taxes than you.” This crafted statement is designed to stir up emotions at the expense of facts in order to drive popular opinion to support a wealth tax despite its unconstitutionality and lack of support when first proposed in 2020 by Elizabeth Warren, who...

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Why the Dollar Still Beats the Euro and the Yuan

2023-04-06

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2023-04-06

As evidenced by a number of recent policy changes in China, Russia, Saudi Arabia, and Brazil, the status of the US dollar as the world’s reserve currency is under coordinated attack. Efforts to dethrone the dollar, however, will require time and luck in favor of antidollar forces. For now, however, the US dollar is the most preferred currency for foreign reserves and for settling international transactions. The fact that the dollar is the most...

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Understanding the Difference between Praxeology and Psychology

2023-04-06

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2023-04-06

Some economists have tried to apply psychology to economic analysis, but psychology is not what drives economic activity. Original Article: "Understanding the Difference between Praxeology and Psychology" This Audio Mises Wire is generously sponsored by Christopher Condon.

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Marxists Have a Plan for Housing: Make Sure There Is Less Available

2023-04-06

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2023-04-06

“Stay in your lane” is a frequently heard refrain nowadays, normally a piece of advice directed at those who, by virtue of some aspect of their identifying characteristics or profession or beliefs, express views which are deemed unwelcome. “Stay in your lane” is not often fair and appropriate advice to be given in debate. I submit, however, that “Stay in your lane” is usually fair and appropriate advice to give a Marxist who opines on matters which...

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What the Trump Indictment Tells Us about the Regime

2023-04-06

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2023-04-06

Ryan and Tho talk about why Trump is the only former president to be prosecuted for crimes. The ruling class has agreed to not prosecute their own, but since they see Trump as an outsider, he is fair game. In truth, we'd be better off if more presidents and former presidents faced prosecution. [embedded content] Recommended Reading "With the Trump Indictment, America Is a Step Closer to Being a Banana Republic" by Bill Anderson:...

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Roosevelt’s 1933 Gold Theft and Default

2023-04-06

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2023-04-06

[April 5 is the 90th Anniversary of Franklin Roosevelt's executive order banning private ownership of gold. In this selection from Part III of America's Money Machine: The Story of the Federal Reserve, economist Elgin Groseclose shows how FDR's executive order was part of a larger effort to deliberately debase the dollar, drive up prices, nationalize gold markets, and default on gold-based bonds. All the while, he claimed the dollar "a...

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