Category Archive: 6b.) Mises.org

Javier Milei Understands the Road to Serfdom

Javier Milei is trying to undo the damage created by nearly a century of socialism in Argentina. Mises, Rothbard, and Hayek were good teachers. Original Article: Javier Milei Understands the Road to Serfdom

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Does the Balance of Payments Determine Exchange Rates?

Some economists believe that the balance of payments is what determines currency exchange rates. In fact, exchange rates are always about the purchasing power of some currencies relative to others. Original Article: Does the Balance of Payments Determine Exchange Rates?

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How Governor Whitmer Doomed Detroit Autoworkers

In 2022, Michigan Gov. Gretchen Whitmer used political favors and government grants to maneuver thousands of workers into jobs producing electric trucks. But consumers aren’t interested. Original Article: How Governor Whitmer Doomed Detroit Autoworkers

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The “New” South Africa Is Now a Newly-Failed State: Don’t Look for Things to Improve

While South Africa’s political authorities pursue genocide accusations against other countries, those same leaders are destroying the nation’s economy and basic infrastructure. This is a failed state. Original Article: The "New" South Africa Is Now a Newly-Failed State: Don't Look for Things to Improve

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After Trump, Then What?

There will be life after Trump one way or another, but in the long run, it seems as though the ruling party always wins. Original Article: After Trump, Then What?

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Highway Robbery Continues to Be the Law of the Land

Seizure fever is toxifying law enforcement across the nation. For more than thirty years, federal, state, and local government agencies have plundered citizens on practically any harebrained accusation or pretext. You could be at risk of being pilfered by officialdom anytime you sit behind a steering wheel. Between 2001 and 2014, lawmen seized more than $2.5 billion in cash from sixty thousand travelers on the nation’s highways—with no criminal...

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War Guilt in the Middle East

[A selection from Left and Right: A Journal of Libertarian Thought, Spring-Autumn 1967.] The chronic Middle East crisis goes back – as do many crises – to World War I. The British, in return for mobilizing the Arab peoples against their oppressors of imperial Turkey, promised the Arabs their independence when the war was over. But, at the same time, the British government, with characteristic double-dealing, was promising Arab Palestine as a...

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War Guilt in the Middle East

[A selection from Left and Right: A Journal of Libertarian Thought, Spring-Autumn 1967.]The chronic Middle East crisis goes back – as do many crises – to World War I. The British, in return for mobilizing the Arab peoples against their oppressors of imperial Turkey, promised the Arabs their independence when the war was over. But, at the same time, the British government, with characteristic double-dealing, was promising Arab Palestine as a...

Read More »

Biblical Critical Theory Is Not Biblical. It’s Watered-Down Marxism

Christianity Today magazine, founded by Billy Graham, chose Christopher Watkin’s book, Biblical Critical Theory: How the Bible’s Unfolding Story Makes Sense of Modern Life and Culture, as one of its 2024 Book Awards and the book most likely “to shape evangelical life, thought, and culture.” Other Christian organizations promote the book too. Nonreligious readers won’t care, but they need to keep in mind that most people won’t take a class or read a...

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No, the Civil War Did Not Forever Settle the Matter of Secession

There are many arguments against secession. Some of them are quite prudent, such as those that simply contend that national separation may not be a good idea at this time.  Many others are premised on the refusal to acknowledge the human right known as self-determination. This argument is wrong and immoral, and is nothing more than the traditional imperialist-colonialist argument repackaged for modern audiences.  Perhaps the worst...

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Anti-Wild Cards

In this week's episode, Mark looks at the type information that investors need, but do not have. These anti-wild cards are going to appear in the economy, but no one really knows what, where, or when. Mark looks back at some historical examples. See also Surprised Again! The Covid Crisis and the New Market Bubble by Alex Pollock and Howard Adler: Mises.org/MI_59A Be sure to follow Minor Issues at Mises.org/MinorIssues. Get your free copy of Dr....

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Javier Milei Ended a DC-Sized Deficit in…Nine Weeks

Argentina’s Javier Milei is racking up some solid wins, with the fiscal basket case seeing its first monthly budget surplus in 12 years. Apparently, it took Milei just nine and a half weeks to balance a budget that was projected at 5% of GDP under the previous government. In US terms, he turned a 1.2 trillion-dollar annual deficit into a 400 billion surplus. In 9 and a half weeks. How did he do it? Easy: he cut a host of central government agency...

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The Tyranny of the 1964 Civil Rights Act

In Freedom and the Law, Bruno Leoni argues that the main threat to liberty comes not from overweening officials but from the law that empowers them. As Murray Rothbard puts it, “The real and underlying menace to individual freedom is not the administrator but the legislative statute that makes the administrative ruling possible.” In that light, we can see that woke tyranny does not come from the self-important diversity, equity, and inclusion (DEI)...

Read More »

Javier Milei Ended a DC-Sized Deficit in…Nine Weeks

Argentina’s Javier Milei is racking up some solid wins, with the fiscal basket case seeing its first monthly budget surplus in 12 years. Apparently, it took Milei just nine and a half weeks to balance a budget that was projected at 5% of GDP under the previous government. In US terms, he turned a 1.2 trillion-dollar annual deficit into a 400 billion surplus. In 9 and a half weeks. How did he do it? Easy: he cut a host of central government agency...

Read More »

No, the Civil War Did Not Forever Settle the Matter of Secession

There are many arguments against secession. Some of them are quite prudent, such as those that simply contend that national separation may not be a good idea at this time.  Many others are premised on the refusal to acknowledge the human right known as self-determination. This argument is wrong and immoral, and is nothing more than the traditional imperialist-colonialist argument repackaged for modern audiences.  Perhaps the worst...

Read More »

Anti-Wild Cards

In this week's episode, Mark looks at the type information that investors need, but do not have. These anti-wild cards are going to appear in the economy, but no one really knows what, where, or when. Mark looks back at some historical examples. See also Surprised Again! The Covid Crisis and the New Market Bubble by Alex Pollock and Howard Adler: Mises.org/MI_59A Be sure to follow Minor Issues at Mises.org/MinorIssues. Get your free copy...

Read More »

Biblical Critical Theory Is Not Biblical. It’s Watered-Down Marxism

Christianity Today magazine, founded by Billy Graham, chose Christopher Watkin’s book, Biblical Critical Theory: How the Bible’s Unfolding Story Makes Sense of Modern Life and Culture, as one of its 2024 Book Awards and the book most likely “to shape evangelical life, thought, and culture.” Other Christian organizations promote the book too. Nonreligious readers won’t care, but they need to keep in mind that most people won’t take a class or read a...

Read More »

The Tyranny of the 1964 Civil Rights Act

In Freedom and the Law, Bruno Leoni argues that the main threat to liberty comes not from overweening officials but from the law that empowers them. As Murray Rothbard puts it, “The real and underlying menace to individual freedom is not the administrator but the legislative statute that makes the administrative ruling possible.” In that light, we can see that woke tyranny does not come from the self-important diversity, equity, and inclusion (DEI)...

Read More »

Human Action Conference 2024

Students apply for a scholarship here. "Once in a great while, a book appears that both embodies and dramatically extends centuries of accumulated wisdom in a particular discipline, and, at the same time, radically challenges the intellectual and political consensus of the day. Human Action by Ludwig von Mises is such a book, and more: a comprehensive treatise on economic science that would lay the foundation for a massive shift in...

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Does Libertarianism Require Support for Open Borders?

Dave Smith makes the Rothbardian/Hoppean case for government restriction on immigration, arguing that it's a second-best solution given the undeniable fact of government control of "public" property. Bob plays devil's advocate to raise possible objections to Dave's framework. Rothbard, "Nations by Consent": Mises.org/HAP436a Hans-Hermann Hoppe, "On Free Immigration and Forced Integration": Mises.org/HAP436b Bryan...

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