Category Archive: 6b.) Mises.org

Coming Apart, Coming Together | Jeff Deist

Last time we met in Orlando, Bob Murphy mentioned how much worse our political and social divide would be if the economy crashed like 2008. Now we face this very problem—with COVID-19 lockdowns and George Floyd protests decimating the economy and social media exposing raw animosity along racial and "woke" lines. Congress and the Fed have gone into overdrive creating new stimulus and "liquidity," but 40 million Americans are unemployed and major...

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The Failures of Federal Race-Based Paternalism

In an address to the Massachusetts Anti-Slavery Society in 1865, Frederick Douglass noted that he had often been asked “What should we do with the Negro?”

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Monetary and Fiscal Sorcery Make Home Price Magic

Make the money cheap enough and government intrusive enough, and incongruous headlines appear side by side. For instance, from the Las Vegas Review-Journal comes this head-scratcher: “Las Vegas Housing Market ‘on Fire’ as Economy Limps Along.”

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The Fed’s Latest Lie: It Can Make Everything Go Back to Normal

The Fed Emperor’s New Clothes Show is a continuous comedy without laughter. The latest act, the virtual Jackson Hole conference (August 27), was dreadful. The show's audiences are accustomed to the Fed chair and his board delivering solemn pronouncements about their aims—low inflation, high employment, and financial stability.

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Why Economics Cannot Be Understood through Experimentation

In the natural sciences, a laboratory experiment can isolate various elements and their movements. There is no equivalent in the discipline of economics. The employment of econometrics and econometric model building is an attempt to create a laboratory where controlled experiments can be conducted.

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Industrialization and Free Trade Are the Way out of Poverty

Progressive politicians repeatedly tell us that capitalism is a system rooted in the wealthy’s exploitation of the poor. To convey this in an emotionally resonant way, they employ images of "sweatshops" in the developing world. While some people labor away in factories, often in terrible conditions, the owners of Walmart and Nike rake in profits, enjoying their luxurious penthouses in Manhattan. Many find this compelling.

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Protectionism and “Weak Dollar” Trade Policy

Until disco came back to me at dance clubs and via the great “boogie nights” in the 1990s, I didn’t recall a whole lot from my childhood in the 1970s. Trying to build my own “Speed Racer” and being in awe of the rock group KISS stand out. “Too many dollars chasing too few goods” was another.

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Coming Apart, Coming Together

Last time we met in Orlando, Bob Murphy mentioned how much worse our political and social divide would be if the economy crashed like 2008. Now we face this very problem—with COVID-19 lockdowns and George Floyd protests decimating the economy and social media exposing raw animosity along racial and "woke" lines.

Read More »

Bob Murphy The Fed’s Stock Market Casino

Jeff Deist and Robert P. Murphy address the vital topic of Fed interference in financial markets. Are the global equity and bond markets a charade, engineered by monetary expansion and destined to collapse like a house of cards? Is the investing game basically rigged? How can Janet Yellen and financial elites keep markets from crashing without endless new rounds of quantitative easing? Why is understanding Austrian economics necessary, but not...

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America’s Riots Are Just the Latest Version of Marxist “Syndicalism”

The year 2020 is one of the most disrupted times in at least the last half century, maybe longer. Global protests and riots, the covid-19 virus, lockdowns, and police killings of unarmed citizens. Add to that widespread rioting, looting, arson, homelessness, and destruction of property, including the tearing down of statues.

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Why Americans Are Looking for a Safe Haven from the Dollar

As the Federal Reserve’s quantitative easing practices generate the biggest debt bubble in history, gold futures are trading at record highs, a phenomenon some have called "a bit of a mystery." However, this "mystery" was solved long ago by the laws of economics.

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Mises on Syndicalism

As political tactics Syndicalism presents a particular method of attack by organized labour for the attainment of their political ends. This end may also be the establishment of the true Socialism, that is to say, the socialization of the means of production. But the term Syndicalism is also used in a second sense, in which it means a sociopolitical aim of a special kind.

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How the CARES Act Is Still Kicking the Can

During Real Vision’s Daily Briefing of August 13, Ed Harrison asked rhetorically, “How is it possible for you to have a bull market, a new leg up in the business cycle when bank stocks, the traditional value cyclical trade are 30% off their highs? That's not a signal of bull, it's a signal of secular stagnation.”

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Thorsten Polleit: Ich befürchte, dass unsere Freiheit aufgehoben wird! (Utagramm 24 Sondersendung)

Das "Utagramm der Woche" ist ein satirisches Wochenmagazin auf dem Kanal von "eigentümlich frei", bei dem unsere Autorin Uta Ogilvie jeden Sonntag auf ihre unverwechselbar charmante, humorvolle Art die Heldentaten jener Protagonisten des öffentlichen Lebens zelebriert, die sich in den vergangenen Tagen durch hanebüchenen Unsinn oder eklatante Widersprüche ganz besonders hervorgetan haben. Vortrag von Uta Ogilvie auf der...

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2020 Will Be a Record-Breaking Year for Debt. How Long Can This Last?

The deficit narrowed during July after months of record shortfalls in federal tax revenues. During April, May, and June of this year deficits surges to unprecedented highs as economic activity dried up, workers were furloughed and laid off, and tax payments were deferred.

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11: First Principles Economic Thinking with Per Bylund

Per Bylund is Assistant Professor of Entrepreneurship and Free Enterprise in the School of Entrepreneurship at Oklahoma State University. He is also a fellow at the Mises Institute and associate fellow of the Ratio Institute in Stockholm. His research focuses on issues in entrepreneurship, strategic management, and organizational economics. We talked about the school of Austrian Economics, the centrality of the price mechanism, the theory of...

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Episode 462: Laughing At The Absurdity of 2020 w/ Ryan McMaken

48 Minutes Safe for Work Ryan McMaken is the editor of Mises.org and is one of their most prolific writers. Pete asked Ryan to come on and talk about this insane year. They start off talking about Australia's draconian measures in "response" to CV19. They then reflect on the absurd narratives of 2020 that have been debunked or are sketchy at best. Ryan ends by talking about what he thinks about the future of the economy. Show notes...

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Robert P. Murphy – The Theory and Brief History of the U.S. Gold Standard – August 25, 2020

Powered by Restream https://restream.io/ https://oneradionetwork.com/moneyfinance/robert-p-murphy-the-theory-and-brief-history-of-the-u-s-gold-standard-august-25-2020/ Who was Mises? The basic premise behind the Austrian School of Economics The only thing keeping the market up; how does all the new money being pumped into the market work? The fascinating history of money; defining the dollar Why they put it in the Constitution about...

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Growth and Income Inequality in Africa

There are two kinds of inequality. One develops as societies innovate and become more productive. The other kind results from government corruption and intervention.

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The Global Jobless Recovery

The United States added 1.76 million Jobs in July 2020, compared to a consensus estimate of 1.48 million. Unemployment fell to 10.2 percent versus the 10.6 percent expected.

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