Category Archive: 6b.) Mises.org

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Kamala Harris, DEI Hire

2024-08-02

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2024-08-02

DEI stands for “Diversity, Equity, Inclusion.” This is the view that members of certain “oppressed” groups, like racial minorities and women, should get preferential treatment. In blunt language, we should give jobs to incompetent people. Kamala Harris is a perfect example of a DEI hire. She is an incompetent black woman. Mark Thiessen does a good job of explaining why she is incompetent; “Harris is undeniably vulnerable. She ran a catastrophic...

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Environmental Economics

2024-08-02

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2024-08-02

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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Firms, Managers, and Entrepreneurship

2024-08-02

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2024-08-02

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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Rachel Maddow’s hunt for imaginary fascists

2024-08-02

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2024-08-02

“Prequel: An American Fight Against Fascism”by Rachel Maddow,Crown, 2023; xxx + 392 pp.After the onset of World War II in September 1939, a struggle arose between those who wanted America to remain neutral and those who favored aid to Britain and France and, after the German invasion of the Soviet Union on June 22, 1941, aid to that country as well. Until the Japanese attack on Pearl Harbor, Dec. 7, 1941, the overwhelming majority of the American...

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Commencement Address

2024-08-02

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2024-08-02

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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Bidenomics: New employment numbers say recession is here

2024-08-02

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2024-08-02

According to the most recent report from the federal government’s Bureau of Labor Statistics, the US economy added 114,000 jobs (according to the establishment survey) during July. This was a lackluster number that came in below expectations, and it wasn’t enough to prevent a surge in the unemployment rate up to 4.3 percent. Moreover, the “underemployment” rate, the “U-6” unemployment rate, jumped substantially from 7.4 percent to 7.8 percent....

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The Chevron decision may also apply to federal land policies in the West

2024-08-02

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2024-08-02

By now most who watch such things are familiar with the opinion issued by the Supreme Court in the case Loper Bright Enterprises et al. v. Raimondo, Secretary of Commerce, et al. on June 28, 2024. Loper overturned an opinion issued by the court in 1984 titled Chevron U.S.A. Inc. v. Natural Resources Defense Council, Inc.The Chevron “precedent” required federal courts to defer to federal agency interpretations of law when the law at issue was...

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An open letter to Jordan Peterson

2024-08-02

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2024-08-02

I am a great admirer of your work and thank you for the tremendous job you are doing in raising the level of public discourse and, importantly, combating the cultural Marxist nonsense emanating from academe. Your exposition of the hypertruth of ancient religious narratives has had a transformative effect on my thinking, and through it you have, in my opinion, single-handedly shifted the broad societal debate on religion from the mundane,...

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Higher Education in Crisis

2024-08-02

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2024-08-02

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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Bidenomics: Proposed myths & vexing facts

2024-08-01

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2024-08-01

President Biden and his supporters claim that he took an economy that was “flat on its back” in 2021 and made it “the envy of the world”. How did Biden accomplish this? He supposedly rebuilt the economy “from the middle out and the bottom up”.The data on economic conditions in the US economy over the past few years are clear. First, unemployment rates have been relatively low. However, the unemployment rate during the Covid crisis peaked at 14.8%...

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Modern Monetary Theory

2024-08-01

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2024-08-01

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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Game Theory

2024-08-01

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2024-08-01

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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Video Games and Austrian Economics

2024-08-01

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2024-08-01

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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PsyWar: Enforcing the New World Order

2024-08-01

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2024-08-01

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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Now for another failed UK policy: Conscription

2024-08-01

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2024-08-01

On the 11th of June, Rishi Sunak’s Conservative Party stunned the United Kingdom by officially declaring in their 2024 election manifesto that, if reelected on July 4th, it would pass legislation to reintroduce “mandatory national service” to Britain. Despite the Orwellian nomenclature, the plan called for conscription, plain and simple. More specifically, it called for all British people — both male and female — upon turning 18 to either serve for...

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Repos: The Magic is Back

2024-08-01

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2024-08-01

Uncle Sam has stopped lending a helping hand and now repo men are back in business. Repos for the first half of 2024 are up 23% from a year ago. Higher-for-longer interest rates mean new car loans average 7.3% and used car loans average 11.5% putting stress on consumer pocketbooks. However, Claire Ballentine wrote in Bloomberg of something all too familiar. “Lenders are eager to make loans, even with the risk that the borrower might not be able to...

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Maturing Loans, Old Appraisers

2024-08-01

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2024-08-01

With $1.2 billion in commercial real estate property loans coming due by the end of 2025, property owners are scrambling for sources of refinance. Add to that, according to a May report from the Kroll Bond Rating Agency nearly one-third of office commercial mortgage backed securities (CMBS) are distressed. The volume of distressed CMBS office loans has doubled from a year ago, increasing to a combined $52.2B in March, compared to $26.6B a year ago....

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The “October Revolution” was a coup, not a revolution

2024-08-01

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2024-08-01

A key function of propaganda has always been to demoralize the opposition. From the perspective of the propagandists, it is important to always give the impression that their side is the side of the majority, and the most popular. We have witnessed this in action in recent years with the rise of censorship designed to “combat misinformation.” By suppressing dissident viewpoints, the regime lessens access to “unorthodox” ideas, but there is an...

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Product Safety Regulation

2024-08-01

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2024-08-01

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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Bureaucrats in the Deep State

2024-08-01

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2024-08-01

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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