Category Archive: 6b.) Mises.org
Low Interest Rates and High Taxes Won’t Help against Inflation: The Economy Needs Savings and Real Investment
With the Consumer Price Index (CPI) hitting a forty-year high of 9.1 percent, the Bank of England has responded by raising interest rates to 1.25 percent, up by 0.25 from the previous period. This, alongside ex-chancellor and PM hopeful Rishi Sunak planning to “tackle inflation before tax cuts,” signals a poor plan for combating the rising effects of inflation.
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Economic Causes of War
War is a primitive human institution. From time immemorial, men were eager to fight, to kill, and to rob one another. However, the acknowledgment of this fact does not lead to the conclusion that war is an indispensable form of interpersonal relations and that the endeavors to abolish war are against nature and therefore doomed to failure.
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Germany Can Save Itself, and Possibly the World, by Abandoning Four Failed Policies
The following is a plea to Germany—the war is over and has been for three-quarters of a century. It's time to stop prostrating yourself for the supposed "good" of Europe. It's time to take complete control of your domestic and foreign policy, without interference from haughty, busybody world elites, and do what is best for yourself. You will be pleasantly surprised that what is good for yourself is also good for your neighbors and the...
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Africa Needs Conventional Fuels, Not Windmills and Solar Panels
The energy and climate goals that Western governments, the United Nations, and other organizations are pushing on Africa constitute a crippling blow to its economies. As the least developed region, Africa should unequivocally prioritize economic development. One would think that amid energy poverty in Africa, Western governments and “development” institutions would prioritize energy security for African countries over energy transition.
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Economies Cannot Produce Wealth without Patience and Long-Term Horizons
People decrying poverty in developing countries usually overlook the fact that there is a dearth of long-term economic thinking.
Original Article: "Economies Cannot Produce Wealth without Patience and Long-Term Horizons"
This Audio Mises Wire is generously sponsored by Christopher Condon.
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Why the “New World Order” Is Impossible to Implement without Creating Mass Chaos
The events of the last few years have resurrected a recurring worry among people mindful of their liberty, property, and personal dignity. This worry centers around the prospects of the emergence of the notorious “new world order,” a worldwide totalitarian plot hatched by globalist “elites” intent on destroying the surviving remains of free speech, free enterprise, and free thought.
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The Origin of the Income Tax
The freedoms won by Americans in 1776 were lost in the revolution of 1913, wrote Frank Chodorov. Indeed, a man's home used to be his castle. The income tax, however, gave the government the keys to every door and the sole right to change the locks.
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Gordon Miller: What’s Your Absorptive Capacity for User-Generated Innovation?
It’s often the case that lead users — the most sophisticated, committed, and energetic users — are an excellent source of innovation ideas. Those customers who are most engaged are thinking the most intensely and the most creatively about what they want from the usage experience.
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It Is Time to Put the Red Flag to Red-Flag Laws
Nothing is certain except death and taxes, but antigunners exploiting tragedy to pass more gun control laws is close behind. On cue, the recent mass shootings in Buffalo, Uvalde, and Highland Park have brought demands for the typical disarmament stew of “assault weapon” and “high-capacity” magazine bans, licensing requirements, and universal background checks.
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Garet Garrett: Far Forward of the Trenches
Joseph Sobran discovered these Garet Garrett essays "one night, long ago, at the office of National Review, where I then worked." As the flagship of modern conservatism, National Review supported the Cold War and the hot war then raging in Vietnam.
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Austrian Economics and the Capital Asset Pricing Model: A Reconcilation?
The capital asset pricing model (CAPM) is an important investment model that describes how investors expect to be compensated for the time value of money and risk. The more risk you take, the more you want to be compensated.
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GDP Provides a False Reading of the State of the Economy
Most economists see GDP as a snapshot of the performance of the economy. However, it is better understood as a misleading statistic which fails to accurately describe what really is happening economically.
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Private Institutions Are Not the Enemy of Libertarianism
Libertarians have a reputation for denigrating traditional American institutions. They deride the Superbowl as "sportsball," sneer at mass-market entertainment as "bread and circuses."
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A Political Victory for the Joes Is a Loss for the Country
After months of being portrayed as a villain or worse in the mainstream media, Joe Manchin suddenly has become a Democratic Party hero—all because he has declared he will support legislation that he and President Joe Biden claim will “reduce inflation” and give us better weather.
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The Great Reset at Work: The Dystopian Transformation of the Food Industry
Coercive covid-19 lockdown measures, vaccine mandates, the transition to green energy, and poorly thought out Western sanctions against Russia have all played significant roles in disrupting global food markets and supply chains.
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The Best Week of the Year Has Never Been More Important
The world today is in crisis. Military aggression in Ukraine has escalated into global economic war, with nations forced to choose between following the lead of an increasingly illiberal West and access to the vital energy and industrial markets of Russia and China. At the same time, the world continues to suffer the devastating consequences of "public health" experts who exploited the coronavirus crisis to pursue their underlying...
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What You Can Do
Jeff Deist and Connor Mortell host an AMA during Mises University 2022 with the topic of "What You Can Do."
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