Category Archive: 6b.) Mises.org

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Geld aus dem Nichts: Unser Geldsystem am Ende? Prof. Thorsten Polleit bei Beatrix von Storch

2020-01-13

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1:35 Was ist Geld? Geld als allgemein akzeptiertes Tauschmittel: Wo kommt es her? 2:55 Was ist der Wert des Geldes? 3:20 Geld und Waren: Haben wir den Zusammenhang zwischen beidem vergessen? 4:40 Was ist der Zins? Warum gibt es einen Urzins? 6:25 Was sind Minuszinsen? Der Marktzins wird durch die Zentralbank manipuliert. Sorgen Minuszinsen wirklich …

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“Low” Tax Rates Often Mask Much Larger Tax Burdens

2020-01-12

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2020-01-12

Discussions about the incentive effects of taxes can be misleading. The focus is usually on the tax rates imposed. But one’s incentives are not best measured by tax rates, but by how much value created for others (reflected in consumers' willingness to pay) is retained by the creator, which I refer to as take-home income.

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Jeff Deist – The Pretense of Democracy

2020-01-11

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Jeff Deist is president of the Mises Institute, where he serves as a writer, public speaker, and advocate for property, markets, and civil society. He previously worked as a longtime advisor and chief of staff to Congressman Ron Paul, for whom he wrote hundreds of articles and speeches. In his years with Dr. Paul he … Continue...

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A Fearful Fed Keeps Pouring Money Into the Repo Market

2020-01-11

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2020-01-11

The Fed announced on Thursday it is adding another 83 billion in "in temporary liquidity to financial markets" And, in a development that will surprise no cynic anywhere, the Fed also noted it "may keep adding temporary money to markets for longer than policy makers had expected in September."

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Ep. 1567 Jeff Deist on the Trouble with Libertarian Technocrats

2020-01-11

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Jeff and I talk about a much-discussed recent article by George Mason University’s Tyler Cowen, which finds merit in the market system but insists we recognize and appreciate the value of the state. Well, we ain’t doing it. Subscribe to the Tom Woods Show: http://www.TomWoods.com/1567 http://www.SupportingListeners.com http://www.RonPaulHomeschool.com http://www.FreeHistoryCourse.com http://www.TomsFreeBooks.com

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Ep. 1565 Decentralization and Secession: Jeff Deist on the Only Way Forward

2020-01-09

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When people have radically incompatible worldviews, is it sensible or humane to try to govern them all according to the same set of rules? Yet neither progressives nor conservatives stop to consider decentralization, the only approach that can possibly work. They’re too busy jamming round holes into square pegs. Jeff Deist and I discuss the …

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Ep. 1564 Jeff Deist on Libertarianism and Its Deformation

2020-01-08

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Jeff Deist week continues with this discussion of the fundamentals of libertarianism, and how it’s been transformed into a bizarre mutation of its former self. Subscribe to the Tom Woods Show: http://www.TomWoods.com/1564 http://www.SupportingListeners.com http://www.RonPaulHomeschool.com http://www.FreeHistoryCourse.com http://www.TomsFreeBooks.com

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Conservation in the Free Market

2020-01-07

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2020-01-07

It should be no news by this time that intellectuals are fully as subject to the vagaries of fashion as are the hemlines of women’s skirts. Apparently, intellectuals tend to be victims of a herd mentality. Thus, when John Kenneth Galbraith published his best-selling The Affluent Society in 1958, every intellectual and his brother was denouncing America as suffering from undue and excessive affluence; yet, only two or three years later, the fashion...

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Why Paternalists Keep Calling Us “Irrational”

2020-01-06

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2020-01-06

Some economists, such as the 2017 Nobel Laureate Richard Thaler and his colleague Cass Sunstein, have proposed an unusual justification for government interference with people’s choices. They do not intend, they say, to override the preferences that people have. They don’t want to tell people what they “should” want, according to an external standard that people don’t accept. They claim, however, that accepting the actual preferences people have...

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Why the Minimum Wage Is so Bad for Young Workers

2020-01-05

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2020-01-05

In today’s political discourse, the minimum wage is frequently mentioned by the more progressive members of Congress. On a basic level, raising the minimum wage appears to be a sympathetic policy for low-income wage earners. Often kept out of the conversation, however, are the downstream effects of this proposal.

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Understanding Money Mechanics

2020-01-04

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2020-01-04

Dr. Bob Murphy joins the Human Action Podcast to discuss one of the most important issues of all: how money and credit work in today's society. Jeff Deist recently commissioned Murphy to write a series of articles on money mechanics, an exceedingly important topic for critics of the Fed—and today's podcast serves as an introduction to the project.

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Is Greater Productivity a Danger?

2020-01-03

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2020-01-03

It is bad enough that opponents of the free market wrongly blame capitalism for environmental pollution, depressions, and wars. Whatever the failings of their causal theories, at least they are focused on undoubtedly bad things. We have really gone beyond the pale, though, when the market is blamed for something good.

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2019 Was a Bad Year For the “Only Cops Should Have Guns” Narrative

2020-01-02

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2020-01-02

Total New Guns, Homicide Rate, 1986-2018
On December 29, an armed gunman entered the West Freeway Church of Christ in Texas and shot two members of the congregation. Within six seconds, a third member of the congregation drew a weapon and shot the gunman dead. The events were captured on live-streamed video, with the dramatic events — in the minds of many observers — highlighting the benefits of privately-owned firearms as a defense against armed criminals.

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Economic Stats Won’t Tell Us What Really Causes Recessions

2020-01-01

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2020-01-01

Most economists are of the view that by means of economic indicators it is possible to identify early signs of an upcoming recession or prosperity. What is the rationale behind this opinion? The National Bureau of Economic Research (NBER) introduced the economic indicators approach in the 1930s.

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Government, Business, and American Economic History, Part 2 | Murray N. Rothbard

2019-12-31

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The lecture was presented by Murray Rothbard at the 1990 Mises University. Recorded at Stanford University on July 8, 1990.

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Government, Business, and American Economic History, Part 1 | Murray N. Rothbard

2019-12-31

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The lecture was presented by Murray Rothbard at the 1990 Mises University. Recorded at Stanford University on July 8, 1990.

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How to Write and Understand History

2019-12-30

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2019-12-30

[Adapted from Chapter 2 of Human Action.] The study of all the data of experience concerning human action is the scope of history. The historian collects and critically sifts all available documents. On the ground of this evidence he approaches his genuine task.

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To Be Useful, Data Needs Theory

2019-12-29

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2019-12-29

For most so-called practical economists, information regarding the state of an economy is derived from data. Thus, if an economic statistic such as real gross domestic product or industrial production shows a visible increase, it is considered indicative of a strengthening of the economy. Conversely, a decline in the growth rate is regarded as weakening. It seems that by looking at the data one can ascertain economic conditions. Is this the case,...

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Doug French – Dad 2 Summit Event – Influencer – Coparent

2019-12-26

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When Doug started the Dad 2.0 summit 8 years ago, he didn’t anticipate the impact it would have. The conference is now the go to place to network with the top dad influencers, marketers, and a brands. The conference has hosted Michael Strahan, Dax Shepard, and more. They’ve paired dads with brands such as Dove, …

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How Today’s Central Bankers Threaten Civilization

2019-12-26

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2019-12-26

When I was asked to write an article about the impact of negative interest rates and negative yielding bonds, I thought it was a chance to look at the topic from a broader perspective. There have been lots of articles speculating about the possible implications and focusing on their impact in the short run, but it’s not very often that an analysis looks a bit further into the future, trying to connect money and its effect on society itself.

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