Category Archive: 6b.) Mises.org

The Economy Needs a Volcker Moment

Readers of the Mises Wire are most likely familiar with the Volcker moment. This was when former Fed chair Paul Volcker, in the face of steep price inflation, skyrocketed rates to nearly 20 percent.

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Government “Stimulus” Schemes Fail Because Demand Does Not Create Supply

By popular thinking, the key driver of economic growth is the increase in total demand for goods and services. It is also held that overall output increases by a multiple of the increase in expenditure by government, consumers and businesses.

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Nik Bonitto Playing @St Thomas Aquinas Career at Oklahoma NFL Draft experience Broncos training camp

IN the Full Podcast Niks talks about playing at St. Thomas Aquinas one of the nations top High School football team. College Career at Oklahoma Sooners and rivalry vs Texas, NFL draft experience and Von Miller comparisons, First OTAs with the Denver Broncos, training camp experience and mentor-ship from Bradley Chubb and Randy Gregory FIYE SHOW INSTAGRAM: https://www.instagram.com/fiye.show/ Nik Bonitto Instagram:...

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GDP Provides a False Reading of the State of the Economy

The GDP (gross domestic product) statistic portrays a view that the key driving factor of economic growth is not the production of wealth but rather its consumption. Instead, it is a calculation of the value of final goods and services produced during a particular time interval, usually a quarter or a year.

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Exchange within Society

Action always is essentially the exchange of one state of affairs for another state of affairs. If the action is performed by an individual without any reference to cooperation with other individuals, we may call it autistic exchange. An instance: the isolated hunter who kills an animal for his own consumption; he exchanges leisure and a cartridge for food.

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Nik Bonitto:On first OTAs with the Denver Broncos, Mentor-ship from Bradley Chubb & Randy Gregory

In Segment four Nik Bonitto talks about his first OTAs with the Denver Broncos and what he learned and adjusted to, getting mentorship from Bradley Chubb and Randy Gregory, and Experiencing Denver as a new resident. FIYE SHOW instagram: https://www.instagram.com/fiye.show/ Nik Bonitto instagram: https://www.instagram.com/nik_hendrix/

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Dr. Frank Shostak and Yra Harris on the Economy and Financial Markets from an Austrian School View

Dr. Frank Shostak and Yra Harris on the Economy and Financial Markets from an Austrian School View

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Contrary to Public Myths, Rent Control Hasn’t Been a Success in Sweden

Sweden's rent control is widely touted by many who don't understand economics as a model for how a property market should work. Young people in Ireland, for example, like to point to Sweden as a nirvana where rent control ensures easy availability of affordable and high-quality rental stock. 

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Nik Bonitto: NFL draft experience, draft critics, & Visiting Denver Broncos facilities before draft

In segment three Nik Bonitto breaks down the draft process, his experience, blocking out the outside noise of his draft critics, and visiting the Denver Broncos before the draft. FIYE SHOW INSTAGRAM:https://www.instagram.com/ Nik Bonitto Instagram:https://www.instagram.com/nik_hendrix/

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Toleration Does Not Require Calling Evil Good

In the early morning of July 6th, an explosion damaged a monument in Georgia known as the Georgia Guidestones. Because of the damage, the rest of the monument was demolished for safety reasons. The stones were erected by anonymous donors in 1980 and list ten principles for humanity. At the time of writing, it seems that the explosion was the result of purposeful sabotage.

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Nik Bonitto:Why he choose to play college football for Oklahoma Sooners, Oklahoma vs Texas Rivalry,

In segment two Nik goves out Advice to young football players looking to make their big decision for what college they want to play for. He talks about his best games at Oklahoma and their Rivalry vs Texas

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Covid-19 and the Continuing Erosion of Private Property Rights

Even though the downhill trajectory we've seen over the last decades in terms of property rights is bad enough, nothing could have ever prepared us for what the covid-19 crisis would bring. Even those of us who have read enough history to know that there's really no line that the state will not cross in its fervent pursuit of absolute power were sincerely surprised.

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How the World Embraced Nationalism, and Why It’s Not Going Away Soon

Perhaps one of the more astute observers of Russian foreign policy in recent decades has been John Mearsheimer at the University of Chicago. He has spent years warning against US-led NATO enlargement as a tactic that would provoke conflict with the Russian regime. Moreover, Mearsheimer has sought to explain why this conflict exists at all.

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Nik Bonitto: How playing at Nations top HS St.Thomas Aquinas prepped him for college (part 1)

Denver Broncos Rookie LB Nik Bonitto Talks about how he started playing football for fun and became more serious when he landed at the nation's top high school football team and received Division 1 offers.

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If Government Can Take from One Group, It Can and Will Take from Everyone

It wouldn't be an exaggeration to argue that private property rights, as understood by classic liberal thinkers, by those who embrace Austrian economic theory, and by all members of an enlightened society, are not only the cornerstone, but also the last defense of human civilization and the Western way of life in particular.

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The Fed Cannot Go Bankrupt; However, It Can Bankrupt the Country

A recent essay on the Mises Wire triggered quite a bit of discussion among a group of Austrian school economists. Paul H. Kupiec and Alex J. Pollock's "Who Owns Federal Reserve Losses and How Will They Impact Monetary Policy?"

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Inflation Hits 9.1 Percent after Months of Empty Talk at the Fed

The US Bureau of Labor statistics released new Consumer Price Index inflation estimates this morning, and the official numbers for June 2022 show that price inflation has risen to 9.1 percent year over year. That's the biggest number since November 1981, when the price growth measure hit 9.6 percent year over year.

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Turns Out the Elites Like the Administrative State Better than Democracy

If there is a mantra among progressive American political and media elites, it would be “our democracy,” usually preceded by what they believe to be a threat from the Right. For example, progressives deemed the recent reversal of Roe “a threat to our democracy” because it removed laws regulating abortion from Supreme Court jurisdiction and returned the issue to democratically elected legislatures.

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Like the Old McCarthyism, the New McCarthyism Targets Russia

In January 1956, the iconoclastic leftist American poet Allen Ginsberg wrote “America,” a prose poem that laments the state of the country and the poet’s place in it.

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The Industrial Revolution and the West Indies: Did the Colonies Spark Progress in the Metropole?

There is a renewed interest in the West Indian colonies' relevance to the British industrial revolution and the subsequent economic transformations that substantially altered Western society's fortunes.

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