Category Archive: 6b.) Mises.org

Abolish the Bureau of Labor Statistics

Murray Rothbard recognized that the Bureau of Labor Statistics provides the lifeblood for government intervention. It doesn't need to be “reformed,” but rather should be outright abolished.

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The Importance of Time in Explaining Asset Bubbles

Jonathan Newman joins Bob to unpack Eliezer Yudkowsky’s viral bubble theory and contrasts it with the Austrian view of boom-bust cycles.

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Individualism and the Violence of the Identitarian Left

Leftists seek to create a new society that supposedly is peaceable. However, they also celebrate violence done against political opponents, something that Murray Rothbard understood as undermining every supposed peaceful goal they claim to be pursuing.

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Why Taxes Were So Hated in the Middle Ages

During the Middle Ages, taxation was considered to be appropriate only as an extreme measure in times of emergency, and as a last resort. Kings were expected to subsist on revenues from their own private property.

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Now Accepting Applications: Theory Development Workshop at Oklahoma State University (with Per Bylund)

Mises Institute Senior Fellow Per Bylund will lead a new workshop on "Exploring & Developing New Theoretical Approaches to Market-Based Management & Entrepreneurship." Now accepting applications.

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Money Supply Fluctuations and Business Cycles

Milton Friedman and the Monetarists believed that fluctuations in the money supply caused the boom-and-bust business cycles. Their solution—keeping money growth slow and steady—would still lead to business cycles.

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Why Taxes Were So Hated in the Middle Ages

During the Middle Ages, taxation was considered to be appropriate only as an extreme measure in times of emergency, and as a last resort. Kings were expected to subsist on revenues from their own private property.

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The Liberal Conundrum: When the Wrong Party Takes Power

For decades, the expansion of the executive branch’s authority has empowered unelected agency “experts” and fueled the rise of an imperial presidency.

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Individualism and the Violence of the Identitarian Left

Leftists seek to create a new society that supposedly is peaceable. However, they also celebrate violence done against political opponents, something that Murray Rothbard understood as undermining every supposed peaceful goal they claim to be pursuing.

Read More »

The Economics of AI: Dispelling Fears and Embracing Entrepreneurship

Artificial Intelligence, for all of the fear-mongering taking place, simply is a tool that if applied in a free market setting will make our economy stronger, not weaker.

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Vitamins vs. Technocracy: Lessons from MK-7

The compliance-driven health regime sidelines decentralized knowledge and choice.

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Jefferson’s War on the Barbary Pirates Is an Unjustified Password for Military Intervention

Advocates for US military intervention have invoked the war against the Barbary pirates as justification. Yet, an examination of that conflict shows that President Jefferson’s actions were limited and followed the direction of Congress.

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Inflation and Economic Growth

According to mainstream economists, inflation aids economic growth while deflation impairs growth. Austrian economists, however, point out that in much of US history, economic growth was accompanied by deflation.

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Interview: Alex Pollock on the Fed and Gold, Part I

In this special edition of The Institutional Risk Analyst, we feature a discussion with Alex Pollock, Senior Fellow at the Mises Institute.

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Government’s Eternal Hunger for a Free Lunch

Through its coercive monopoly over money creation, government constantly engages in silent theft through inflation, all done in the name of “stimulating” the economy.

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Jefferson’s War on the Barbary Pirates Is an Unjustified Password for Military Intervention

Advocates for US military intervention have invoked the war against the Barbary pirates as justification. Yet, an examination of that conflict shows that President Jefferson’s actions were limited and followed the direction of Congress.

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Going Off the Rawls

In this week's Friday Philosophy, Dr. David Gordon examines John Tomasi's thesis of Free Market Fairness that the collectivism espoused by John Rawls is compatible with classical liberalism. Not surprisingly, Dr. Gordon has another viewpoint.

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Human Conduct and The Pentagon Pizza Index

The Pentagon Pizza Index (PPI), not the Producer Price Index, may be an interesting indicator that major events are taking place.

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Does Economic Growth Require an Elastic Money Supply?

A long-enduring myth about money is that we need a flexible or "elastic" currency for the economy to grow. Economist Jonathan Newman joins us to talk about why this has never been true.

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James Comey Is Not an Innocent Victim of the Lawfare He Helped to Create

Although the political establishment claims the Comey indictment represents an unprecedented moment in our history, the truth is much different. Federal prosecutors have a long history of bringing unjustified, politically-motivated prosecutions.

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