Category Archive: 6b.) Mises.org

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Bastiat Predicted the Baby Formula Crisis 170 Years before It Happened

2022-06-06

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2022-06-06

The current baby formula shortage in the United States is a pressing crisis, and many in the media have been rushing to explain how such a thing could have happened. But on close analysis, it appears to share the same root as virtually every other crisis experienced in the modern world: a government promised benefits without costs.

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Why Russia’s Authoritarian Regime Continues to Enjoy Public Support

2022-06-05

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2022-06-05

One of my areas of research in institutional economics is the social behavior of people under different political regimes, what Thomas Schelling called micromotives and macrobehavior. Of course, this topic is directly related to many disciplines, from behavioral economics and political theory to the neurobiology of decision-making and the theory of biological markets.

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Don’t Be Fooled: The World’s Central Bankers Still Love Inflation

2022-06-05

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2022-06-05

The Bank of Canada on Wednesday increased its policy interest rate (known as the overnight target rate) from 1.0 percent to 1.5 percent. This was the second fifty–basis point increase since April and is the third target rate increase since March of this year. Canada's target rate had been flat at 0.25 percent for twenty-three months following the bank's slashing of the target rate beginning in March 2020.

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Does an Increase in Demand Cause Economic Growth? How Keynesians Reverse the Roles of Demand and Supply

2022-06-04

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2022-06-04

The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed, the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist. 

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Tina Moran by Andrew e

2022-06-03

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The German Rejection of Classical Economics

2022-06-03

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2022-06-03

The hostility that the teachings of Classical economic theory encountered on the European continent was primarily caused by political prepossessions. Political economy as developed by several generations of English thinkers, brilliantly expounded by Hume and Adam Smith and perfected by Ricardo, was the most exquisite outcome of the philosophy of the Enlightenment.

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It’s Not Just the USA: The Economic Instability Is Global

2022-06-02

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2022-06-02

Audio Mises Wire
The combination of covid lockdowns, money pumping, and attempts to force a new green economy are taking their toll. This is not going away any time soon.

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Davos Man Is at It Again: The 2022 Annual Meeting of the World Economic Forum

2022-06-02

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2022-06-02

The annual meeting of the World Economic Forum (WEF) in Davos is perhaps the world’s most unpopular conference, and the WEF’s founder and chairman, Klaus Schwab, one of the world’s most despised figures.

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Carl Menger and the Austrian School of Economics

2022-06-01

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2022-06-01

What is known as the Austrian School of Economics started in 1871 when Carl Menger published a slender volume under the title Grundsätze der Volkswirtschaftslehre.

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Inflation, War, and Oil: How Today’s Crises Are Rehashing the 1970s

2022-05-31

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2022-05-31

Persistently loose monetary policies always have negative growth and distributional effects that impair political stability. In extreme cases, there are civil wars and armed conflicts between countries.

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The Backstory of the Great Reset, or How to Destroy Classical Liberalism

2022-05-31

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2022-05-31

As should be clear by now, Francis Fukuyama’s declaration in The End of History: The Last Man (1992) that we had arrived at “the end of history” did not mean that classical liberalism, or laissez-faire economics, had emerged victorious over communism and fascism, or that the final ideological hegemony signaled the end of socialism.

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To Succeed, the AfCFTA Must Be about Actual Free Trade, Not Government-Managed “Free Trade”

2022-05-30

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2022-05-30

The African Continental Free Trade Area (AfCFTA) is the world's largest free trade area by the number of countries. It is the most ambitious and, given demographic trends, the most promising free trade project on earth. The AfCFTA matters very much to Africa's economies separately and to the continent's collaborative and integrated economic development.

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Regulations Vs Sovereignty to Maximize Wealth

2022-05-30

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Does the government or the central planners know what's best for us to maximize our wealth, or is it up to us to figure these things out? This is the battle between sovereignty and regulations.

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Austrian Economists Are Not Surprised by the Shortages

2022-05-30

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2022-05-30

While supporters of the Biden administration fault Putin for shortages, Austrian economists know the answer lies in Washington's monetary and economic mismanagement.

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Christianity and the Development of Human Capital: Challenging the Narratives

2022-05-29

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2022-05-29

Audio Mises Wire
While the standard secular narrative is that Christianity held back science and human development, history tells a different story, one of literacy and the development of human capital.

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Police Botched the Uvalde Standoff. Now Gun Controllers Want to Give Police More Power.

2022-05-28

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2022-05-28

First it was Columbine. Then it was Parkland. Now, we learn that at Robb Elementary School, police officers again stood around outside a school while the killer was inside with children.

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Peace through Strength? Excessive US Military Spending Encourages More War

2022-05-28

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2022-05-28

The Russian invasion of Ukraine has brought America’s foreign policy interventions under the limelight once again. Ryan McMaken argues that the US administration’s claim that countries should not have the right to a sphere of influence, implicitly addressing Russia, is hypocritical.

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Government Spending Is the Real Tax; Deficits Are a Sideshow

2022-05-27

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2022-05-27

Many economists believe that during an economic slump government should run large budget deficits in order to keep the economy going with increases in government outlays, with the consequent budget deficit giving individuals more disposable money.

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Meet Andrew Moran, Head of Property Management and Build to Rent

2022-05-25

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As the Head of Property Management and Build to Rent, Andrew is responsible for setting strategy, growing the business, driving performance and managing key relationships. With years of experience in residential property lettings, Andrew is delighted to be a part of the Orlando Reid family. Tune in to listen to Andrew Moran discussing his work and about his life in Glossop. #OrlandoReidManchester #propertymanagement #Manchester #investments...

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Understanding Russia’s War: The Strange Philosophy of Aleksandr Dugin

2022-05-24

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2022-05-24

Russians are "eschatologically chosen." They must stand against the false faith, the pseudoreligion of Western liberalism and the spread of its evil: modernity, scientism, postmodernity, and the new world order. This is the thesis of Aleksandr Dugin, the prominent Russian philosopher, and a mentor of the Russian president Vladimir Putin.

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