Category Archive: 6b.) Mises.org

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The BRICS Currency Project Picks Up Speed

2023-07-17

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2023-07-17

On Friday, July 7, 2023, news broke in the financial market media that the “BRICS” (that is, Brazil, Russia, India, China, and South Africa) will implement their plan to create a new international currency for trading and financial transactions, and that this new currency will be “gold-backed”. Most recently, on June 2, 2023, the foreign ministers of the BRICS – as well as representatives from more than 12 countries – met in Cape Town, South...

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The Government vs. the People, Kamala Harris Version

2023-07-17

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2023-07-17

It is no surprise to libertarians that what is in the interest of the government might not be in the interest of people in general. More often than not, the government’s interest is directly at odds with the interests of people in general. The countless wars waged by governments throughout history, for which common people paid ultimately with their lies, bear witness to this fact. Wars are also waged on the domestic populations that the government...

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The Dollar is Down

2023-07-15

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2023-07-15

In this episode, Mark looks at the "minor issue" of the value of the dollar. While everything in the economy seems great—including stock markets, price inflation, unemployment, and consumer confidence—the value of the dollar index has fallen 12% during the rebound in stocks since last October. Be sure to follow Minor Issues at Mises.org/MinorIssues.

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Belgian Colonialism of the Congo: Facts and Fiction

2023-07-15

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2023-07-15

Stories cannot substitute for historical facts even when people want these stories to be true. With the influence of Black Lives Matter, resurrecting the atrocities of Western colonialism has become fashionable. The death of George Floyd revived a torrent of anticolonialism sentiment in Western societies fueled by resounding demands for governments to atone for the sins of colonialism. Although the colonial legacy of Western powers is tainted by...

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Mercantilism: A Lesson for Our Times?

2023-07-15

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2023-07-15

Mercantilism has had a "good press" in recent decades, in contrast to 19th-century opinion. In the days of Adam Smith and the classical economists, mercantilism was properly regarded as a blend of economic fallacy and state creation of special privilege. But in our century, the general view of mercantilism has changed drastically: Keynesians hail mercantilists as prefiguring their own economic insights; Marxists, constitutionally unable...

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Exposing the FBI Coverup of Biden Corruption

2023-07-14

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2023-07-14

Robbie "The Fire" Bernstein is a co-host with Dave Smith of the popular podcast Part of the Problem, as well as his own podcast Run Your Mouth. He joins Bob to walk through the shocking and hilarious moves by Biden officials to downplay recent allegations of corruption. Find More from Robbie Including His Tour Dates: Mises.org/HAP404a $5.1M Payment to Biden Businesses: Mises.org/HAP404b Biden Attorneys on The Hunter WhatAspp...

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Outside the Universe?

2023-07-14

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2023-07-14

Moral Progress in Dark Times: Universal Values for the 21st Century by Markus Gabriel, translated by Wieland Hoban Polity Press, 2022; xii + 281 pp. It would be easy to give this book a negative review, as it advocates a number of policies that from our standpoint are wrongheaded. Gabriel is especially alarmed by the dangers of “climate change” and also extols the spirit of cooperation that the German people displayed in acceding to the necessary...

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How Should We Regulate the Sun (Since Our Government Regulates Nearly Everything Else)?

2023-07-14

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2023-07-14

Do we have a right to sunlight? How do we assert those rights? Murray Rothbard provides some answers. Original Article: "How Should We Regulate the Sun (Since Our Government Regulates Nearly Everything Else)?"

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The Tao and the Synergy of the Spontaneous Order

2023-07-14

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2023-07-14

The recognition of the insuperable limits to his knowledge ought indeed to teach the student of society a lesson in humility which should guard him against becoming an accomplice in men’s fatal striving to control society—a striving which makes him not only a tyrant over his fellows, but which may well make him the destroyer of a civilization which no brain has designed but which has grown from the free efforts of millions of individuals....

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Social Justice and the Free-Rider Problem

2023-07-14

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2023-07-14

Free rider is a term related to the political commons and rent seeking. It is like rent seeking, except it is perhaps more nuanced and eventually discourages the effective use of public goods found in the political commons. When I was a young adult, my wife, Cyndi, and I went out with a group of people. My father warned me that if the group split the bill evenly, we could wind up paying for other people’s dinner. We were pressed for cash, so we...

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Contra Krugman’s Victory Lap on Inflation

2023-07-13

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2023-07-13

On this episode of Good Money with Tho Bishop, Dr. Jonathan Newman joins to look at recent headlines on inflation. Tho and Jonathan discuss the larger costs of Fed policy on the real economy and how official government measures can be gamed with techniques such as "shrinkflation." Good Money listeners can order a special $5 book bundle that includes How To Think About the Economy and What Has Government Done to Our Money? with...

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The Anti-Human Green Agenda

2023-07-13

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2023-07-13

On this episode of Radio Rothbard, Tho Bishop is joined by Mises Research Fellow Connor Mortell to talk about Connor's research project on energy policy. Tho and Connor push back against common narratives—even some promoted by libertarians—of fossil fuels and green energy and the necessity of keeping a human focus on energy policy. The Radio Rothbard mug is available in the Mises Store. Get yours at Mises.org/RothMug: PROMO CODE RothPod...

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A Chip Off the Old Block

2023-07-13

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2023-07-13

Michael and Walter Block discuss the Ukrainian conflict, reparations, immigration, and the Israel-Palestine conflict. 3. A Chip Off the Old Block Video of 3. A Chip Off the Old Block

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Egalitarianism as a Revolt Against Safety

2023-07-13

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2023-07-13

There are certain goods and services that egalitarians, as third parties, would prefer that no one enjoys rather than for some to have more than others. (The proviso “as third parties” is necessary since egalitarians will not do without these goods and services themselves, but they still see fit to comment on inequalities from afar.) One of these services is public safety, as shown in a series of articles written by ProPublica reporter Jeremy...

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Banks Create Money out of Thin Air. What Could Possibly Go Wrong?

2023-07-13

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2023-07-13

How can a bank “create money out of thin air”? We must enter the magical kingdom of “fractional-reserve banking,” where deposits are turned into loans, loans are turned into money, and so on, to find out. Original Article: "Banks Create Money out of Thin Air. What Could Possibly Go Wrong?"

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States Can Curb Federal Power through “Soft Secession”

2023-07-13

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2023-07-13

Former Mises Institute president Jeff Deist wrote on the concept of “soft secession” in September 2021. The article talks about how left-leaning states have an opportunity to embrace an abundance of progressive policies for their citizens—without leaving an open door for real violence to occur—through the pursuit of soft state secession. Some people in the left-thinking world are starting to get it. This soft secession principle applies to those...

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The Debt-Ceiling Debate Was Pure Theater

2023-07-12

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2023-07-12

In recent months, Americans were treated to a particularly cheap political spectacle: negotiations over the debt ceiling. “Extreme right-wing Republicans have hijacked the debt ceiling process,” said Vermont senator Bernie Sanders. “The fight over the debt ceiling could sink the economy,” intoned National Public Radio. Florida representative Matt Gaetz said that when it comes to the debt ceiling, he sees no need to parlay with the Republicans’...

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Is the Banking Crisis Being Orchestrated?

2023-07-12

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2023-07-12

With each iteration of the banking crisis, the Federal Reserve System and federal regulators gain in power and authority. Maybe the banking crisis isn’t an accident. Original Article: "Is the Banking Crisis Being Orchestrated?"

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Bidenomics Is Yet Another Version of Failed Industrial Policy

2023-07-12

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2023-07-12

On June 28, President Joe Biden took to the stage in Chicago to drum up support for his economic agenda, which his own team has taken to calling “Bidenomics.” The speech was part of a broader publicity tour, “Investing in America,” with the president and his cabinet traveling the country trying to get the American people to see Biden’s economic policies as successful and popular. In his speech, the president attacked so-called trickle-down...

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Pennsylvania Legislators Want Higher Unemployment, Government Dependency, and Crime

2023-07-11

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2023-07-11

On June 20, the Pennsylvania House of Representatives passed a bill to raise the commonwealth’s minimum wage to $15 per hour by 2026. Although the bill is unlikely to pass the state senate, it seems only a matter of time before the minimum wage is raised from its current $7.25 per hour, where it has been since 2006. The Lesson Those supporting this bill need to read Henry Hazlitt’s Economics in One Lesson. Written in 1946, it has become a classic...

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