Category Archive: 6b.) Mises.org

Filter archive by: Show All Show only Articles Show only Videos

Understanding the Roots and Causes of Inflation

2021-01-27

by

2021-01-27

If the supply of caviar were as plentiful as the supply of potatoes, the price of caviar—that is, the exchange ratio between caviar and money or caviar and other commodities—would change considerably. In that case, one could obtain caviar at a much smaller sacrifice than is required today.

Read More »

In a Paranoid Nation, “Treason” Is Everywhere

2021-01-26

by

2021-01-26

FBI agents across the nation are tracking down and arresting Trump supporters who walked into the US Capitol during the January 6 protest that turned into a brawl. Scores of protestors have already been charged with unlawful entry—“knowingly entering or remaining in a restricted building or grounds without lawful authority.”

Read More »

Trump’s Potential Legacy: 50 Million+ Enemies of the State

2021-01-26

by

2021-01-26

Audio Mises Wire
Should skepticism of the 2020 election, fueled by a new administration's actions, finally convince 50+ million Trump supporters that the barbarians in the Beltway do not represent him, then Trump’s presidency will be—despite his own actions—the disruption that America’s elites truly feared. Original Article: "Trump's Potential Legacy: 50 Million+ Enemies of the State" This Audio Mises Wire is generously sponsored by...

Read More »

Biden Nominee Rachel Levine Was a Disaster in Pennsylvania. Now She’s Headed to Washington.

2021-01-25

by

2021-01-25

On January 19 it was announced that Joe Biden planned to nominate Rachel Levine, the Pennsylvania (PA) secretary of health, for the position of assistant secretary of health in the Department of Health and Human Services. This is potentially good news for Pennsylvanians, who will finally be rid of her after having had to endure her disastrous covid lockdowns and restrictions for nearly a year, but is likely bad news for the rest of the country.

Read More »

What Biden/Harris Will Do

2021-01-24

by

2021-01-24

Paraphrasing the late Murray Rothbard, the "two party" system in America during the twentieth century worked something like this: Democrats engineered the Great Leaps Forward, and Republicans consolidated the gains. Wilson, Roosevelt, and Johnson were the transformative presidents;

Read More »

“Victim-Centered” Justice Is a Threat to Due Process

2021-01-23

by

2021-01-23

“Trauma-informed justice” has percolated in academia and activism for decades. It is now knocking on the door of local police departments to demand changes that could upend the basics of how people relate to law enforcement.

Read More »

The Myths Behind the “Capitalism Is Racist” Claim

2021-01-22

by

2021-01-22

Though numerous studies prove the contrary, it is still widely assumed that capitalism perpetuates racism. Celebrities and academics incessantly broadcast the message that capitalism engenders racism.

Read More »

Yet Another Study Shows—Yet Again—That Lockdowns Don’t Work

2021-01-22

by

2021-01-22

Although advocates for covid-19 lockdowns continue to insist that they save lives, actual experience keeps suggesting otherwise. On a national level, just eyeballing the data makes this clear. Countries that have implemented harsh lockdowns shouldn’t expect to have comparatively lower numbers of covid-19 deaths per million.

Read More »

When It Comes to National Defense, Bigger Isn’t Always Better

2021-01-19

by

2021-01-19

In the debate over whether or not China will soon rise to challenge the United States as the world’s hegemon, it is often assumed that states with large aggregate economies are necessarily more militarily powerful ones. This stems from decades-old methods that remain popular among scholars and pundits who write on international relations and foreign policy.

Read More »

Following Scott down Ridgerun (5K)

2021-01-18

by

Set to full screen / 5K for best results. To my future self: Exported ProRes from GoPro Player Used H264 encoder from Final Cut Pro

Read More »

The Upside of Lockdowns: More Saving

2021-01-18

by

2021-01-18

Rothbard: "At the outset of every step forward on the road to a more plentiful existence is saving….Without saving and capital accumulation there could not be any striving toward nonmaterial ends."

Read More »

Inflation Breeds Even More Inflation

2021-01-18

by

2021-01-18

I. Warning against Fiduciary Media. Early in the 20th century, Ludwig von Mises warned against the consequences of granting the government control over the money supply. Such a regime inevitably creates money through bank credit that is not backed by real savings—a type of money that Mises termed "fiduciary media."

Read More »

The Upside of Lockdowns: More Saving

2021-01-15

by

2021-01-15

Something good is coming out of the covid lockdowns. Economist David Rosenberg released a special report via the eponymous Rosenberg Research, concluding “the pre-COVID-19 ‘norm’ of a 7% personal savings rate will morph into a post-COVID-19 norm of 10%.

Read More »

How the State Preserves Itself—and What the State Fears

2021-01-14

by

2021-01-14

Once a State has been established, the problem of the ruling group or "caste" is how to maintain their rule.1 While force is their modus operandi, their basic and long-run problem is ideological. For in order to continue in office, any government (not simply a "democratic" government) must have the support of the majority of its subjects.

Read More »

Surviving Tech Purges: What We’re Doing at the Mises Institute

2021-01-14

by

2021-01-14

In the early 1980s few outlets existed for anyone interested in the Austrian school of economics or robust libertarian scholarship. Few universities taught Hayek, much less Mises or Rothbard. Libraries and bookstores carried little of interest for serious economists and thinkers in the old liberal tradition.

Read More »

Let Unsound Money Wither Away

2021-01-13

by

2021-01-13

Chairman Paul and members of the subcommittee, I am deeply honored to appear before you to testify on the topic of fractional-reserve banking. Thank you for your invitation and attention. In the short time I have, I will give a brief description of fractional reserve-banking, identify the problems it presents in the current institutional setting, and suggest a potential solution.

Read More »

Fiscal Stimulus vs. Economic Growth

2021-01-12

by

2021-01-12

US Real GDP to Potential Real GDP Ratio, 2000-2022
[unable to retrieve full-text content]For most experts a key factor that policymakers should be watching is the ratio between actual real output and potential real output. The potential output is the maximum output that the economy could attain if all resources are used efficiently. In Q3 2020, the US real GDP–to–potential US real GDP ratio stood at 0.965 against 1.01 in Q3 2019.

Read More »

There Ain’t No Success like Failure

2021-01-10

by

2021-01-10

Like me you are probably looking over photos of supposed Trump supporters breaching the ramparts and storming the Capitol yesterday. That is if you can find them. To “protect” us from viewing these incredibly “disturbing” scenes, Twitter has helpfully announced that it will severely restrict their distribution across its network.

Read More »

The Capitol Riot Wasn’t a Coup. It Wasn’t Even Close.

2021-01-10

by

2021-01-10

On Wednesday, a mob apparently composed of Trump supporters forced its way past US Capitol security guards and briefly moved unrestrained through much of the capitol building. They displayed virtually no organization and no clear goals.

Read More »

Why the 2020s Won’t Be like the Roaring 20s

2021-01-09

by

2021-01-09

Audio Mises Wire
The 1920s featured political détente, debt liquidations by prior consumer price inflation, an introductory stalling of monetary inflation, a German economic miracle, and a broad-based technological revolution. The 2020s have none of these. Original Article: "Why the 2020s Won't Be like the Roaring 20s" This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.

Read More »