Category Archive: 6b.) Mises.org

The Outrageous Persecution of Julian Assange

Today marks the second and final day in what could very well be Julian Assange’s last extradition trial in front of the British High Court. For almost five years now, the United States government has been working to get the Wikileaks founder extradited to the US to face charges that he violated the Espionage Act. Inspired by Daniel Ellsberg’s release of the Pentagon Papers back in 1971, Julian Assange founded Wikileaks in 2006. Assange’s vision was...

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Forget Being the World’s Policeman; the Federal Government Can’t Even Keep DC Safe

While US taxpayers pay billions for military missions around the world in the name of “keeping us safe,” the federal government fails to keep residents of the nation’s capital safe from violent crime. Original Article: Forget Being the World's Policeman; the Federal Government Can't Even Keep DC Safe

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How Carl Menger and the Austrians Helped to Steer Economic Theory in the Right Direction

When Adam Smith and the English classicals promoted division of labor as the most important ingredient in economic development, it took Carl Menger and his Austrian successors to point out that error and promote the proper economic theory of production. Original Article: How Carl Menger and the Austrians Helped to Steer Economic Theory in the Right Direction

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Social Insecurity: It’s Not Wrong to be Concerned about Facts

Social Security is headed for reduced benefits, and no amount of political rhetoric or even tax increases will solve that problem. The numbers do not lie. Original Article: Social Insecurity: It’s Not Wrong to be Concerned about Facts

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Why Americans Do Not See a Strong Economy

The euphoria with the fourth quarter Gross Domestic Product (GDP) figure makes no sense. The headline champions say that real GDP increased at an annual rate of 3.3% in the fourth quarter of 2023, according to the Bureau of Economic Statistics (BES). An increase in real GDP of $1.5 trillion with an increase in public debt of more than $2 trillion is not a strong economy. It is a bloated economy. Furthermore, there is nothing positive in consumption...

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No, “Science” Has Not Proven Mises Wrong on Socialism

In response to the many shortcomings of the Soviet Union, Mao Zedong’s China, and Venezuela, the refrain, “It wasn’t real socialism,” has emerged as a rallying cry among apologists of socialism. Some readily admit the failures of these regimes and attribute the failures to capitalism rather than socialism. Some refuse to recognize the failure whatsoever; they see these experiments as genuine instances of “real socialism” and perceive them to be...

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The Awesome Verbal Punching Power of Thomas Paine

Most public-school graduates have heard that Thomas Paine wrote something that convinced the colonies to declare their independence—though if they’re older than twenty-one their memory probably needs jogging. A few can even name what he wrote: Common Sense. And some can even incorrectly attribute a famous line to that pamphlet: “These are the times that try men’s souls.” With rare exceptions, most people don’t give a whit about Paine or what he...

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Hyperinflation and the Destruction of Human Personality

Includes an introduction by Tho Bishop. Recorded in Tampa, Florida, on February 17, 2024. Special thanks to Liberty Villages and the Shrader family for sponsoring this event.

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The Redistributive Effects on Monetary Policy

Recorded in Tampa, Florida, on February 17, 2024. Special thanks to Liberty Villages and the Shrader family for sponsoring this event.

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Who Benefits from Inflation?

Recorded in Tampa, Florida, on February 17, 2024. Special thanks to Liberty Villages and the Shrader family for sponsoring this event.

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Welcome: Inflation: Causes, Consequences, and Cure

Recorded in Tampa, Florida, on February 17, 2024. Special thanks to Liberty Villages and the Shrader family for sponsoring this event.

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Massive Money Printing Will Accelerate as Debt Soars

The U.S. federal government published a December deficit of $129 billion, up 52% from the previous year. The private sector recession is clear as expenses continue to rise while tax receipts decline. If we look at the period between October and December 2023, the deficit ballooned to a staggering $510 billion. You may remember that the Biden administration expected a significant deficit reduction from its tax increases and the expected benefits of...

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The Left’s Assault on Language Is an Assault on Freedom

George Orwell wrote, “The slovenliness of our language makes it easier for us to have foolish thoughts.” More colorfully and in a similar vein, it has been said that blurry words carry deplorable thinking the way mosquitoes carry malaria. It behooves us all to pay attention when people use words deviously or manipulatively not to inform but to conceal. How can people who are intolerant and authoritarian at every turn call themselves “liberal”? How...

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To the European Union: Don’t Tread on Us

According to the latest polls, Europeans are expected to vote for political forces leaning toward the right side of the spectrum, often with euro-skeptic tendencies. We are talking about nine member states where these forces might emerge victorious, and another nine where they are projected to secure second and third positions. So, what path has the European Union taken to cause such significant dissatisfaction and a desire for such a radical...

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An Open Letter to Walter E. Block

Block’s call for total war and the indiscriminate slaughter of innocent civilians in Gaza is the complete and uninhibited rejection and renunciation of the nonaggression principle that constitutes one of the very cornerstones of the Rothbardian system. Original Article: An Open Letter to Walter E. Block

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Legacies of Injustice and Racial Inequality

Progressives argue that free markets stand in the way of economic and racial equality. In fact, free markets are the only vehicle that can help make people more equal. Original Article: Legacies of Injustice and Racial Inequality

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Understanding the Trump Phenomenon: It’s Not What the Elites Think

Political and economic elites predicted a doomsday scenario when Trump was elected in 2016, but the reality of his presidency didn’t come close to matching the apocalyptic rhetoric that accompanied it. Original Article: Understanding the Trump Phenomenon: It's Not What the Elites Think

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Fiscal Rules Do Not Undermine Investment, But Government Profligacy Does

In the wake of the financial meltdown fifteen years ago, some countries placed strict limits on piling on public debt. Despite cries that this harms investment opportunities, the ”debt brakes” have worked well. Original Article: Fiscal Rules Do Not Undermine Investment, But Government Profligacy Does

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The Fed vs. the Real Economy

In the old days, the Federal Reserve operated in obscurity "behind the curtain". Today, they are front-and-center for the stock market. Total credit card debt in the US is now over $1.1 Trillion. In this episode, Mark looks at the disconnect between the Fed, the stock market (featured in the last episode), and the Real Economy. Be sure to follow Minor Issues at Mises.org/MinorIssues. Get your free copy of Dr. Guido Hülsmann's How...

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Human Rights and the Public Good

Natural rights are often regarded with deep suspicion by lawyers and economists, who are wary of the wild and extravagant demands framed in the language of human rights. A good example is the United Nation’s list of fundamental human rights, which Antony Flew derides as absurd in “Could There Be Universal Natural Rights?”: “A right to social security” (Article 22) . . . “the right to . . . periodic holidays with pay” (Article 24) . . . “the right...

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