Category Archive: 6b.) Mises.org

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The Tao and the Synergy of the Spontaneous Order

2023-07-27

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2023-07-27

More than two thousand years ago, the ancient Chinese Tao presented ideas that are reflected in F.A. Hayek's concept of spontaneous order. Original Article: "The Tao and the Synergy of the Spontaneous Order"

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Hail the Speculators! They Take the Necessary Economic Risks in Our Economy

2023-07-27

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2023-07-27

There are few individuals as reviled and vilified in our modern age as speculators. Economic turmoil of all shapes and sizes are placed squarely on their shoulders. Why do we have recessions from time to time? Because of the irrational speculators, of course. Why do economic bubbles exist? Because of wild overspeculation, undoubtably. Why are prices rising so quickly? The ceaseless activity of the speculators, no doubt. Yet it is seldom—if...

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Striking Hollywood Actors and Writers Might Have to Get Used to Stagnant Wages

2023-07-26

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2023-07-26

People with jobs, children, and actual responsibilities might not have noticed, but Hollywood is nearly shut down right now thanks to both a writers' strike and an actors' strike. Or more specifically, the writers and actors—who are members of unions—are on strike. Members of SAG-AFTRA (SAG) and the Writers Guild of America (WGA) are refusing to work until TV and movie studios agree to a variety of demands. These actors and writers may be in for...

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Life in the Fast Lane

2023-07-26

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2023-07-26

Recorded at the Mises Institute in Auburn, Alabama, on 26 July 2023. [embedded content]

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The Ten Men Who Made the West

2023-07-26

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2023-07-26

Download lecture slides at Mises.org/MU23_PPT_24. Recorded at the Mises Institute in Auburn, Alabama, on 26 July 2023. The Ten Men Who Made the West | David Gordon Video of The Ten Men Who Made the West | David Gordon

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The Unseen Costs of Regulation

2023-07-26

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2023-07-26

Few people understand how destructive regulations are. Download lecture slides at Mises.org/MU23_PPT_23. Recorded at the Mises Institute in Auburn, Alabama, on 26 July 2023. The Unseen Costs of Regulation | Per Bylund Video of The Unseen Costs of Regulation | Per Bylund

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The Political Economy of Policing

2023-07-26

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2023-07-26

Moving policing outside of the realm of economic calculation contributes to many of the problems we see. Download lecture slides at Mises.org/MU23_PPT_22. Recorded at the Mises Institute in Auburn, Alabama, on 26 July 2023. The Political Economy of Policing | Tate Fegley Video of The Political Economy of Policing | Tate Fegley

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Free Trade vs. Protectionism

2023-07-26

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2023-07-26

Free trade allows for maximizing the total number of mutually beneficial exchangers and promotes economic progress. Recorded at the Mises Institute in Auburn, Alabama, on 26 July 2023. Free Trade vs. Protectionism | Lucas M. Engelhardt Video of Free Trade vs. Protectionism | Lucas M. Engelhardt

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Student’s Favorite Moments from Tuesday at Mises U

2023-07-26

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2023-07-26

This year during Mises University, we want to share the perspective of students in the program. The following are YouTube shorts from some of this ye ar's Mises Apprentices asking fellow students about the highlights from Tuesday, which included an evening pool party. [embedded content] [embedded content] [embedded content] [embedded content] Mises University is going on the entire week. You can watch live from home at mises.org/live. The Best...

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Progressives Have Corrupted Not Only Money, but Its History as Well

2023-07-26

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2023-07-26

As modern monetary theory (MMT) gains prominence in the political sphere, it has revitalized interest in some older theories about the origin of money—namely, the state and credit theories of money. The credit theory of money says that money is simply a unit for measuring debt. And the state theory of money, or chartalism, as it is often known, says that this measurement was created by the state. These days, the two theories are often combined and...

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Meet the Gadfather

2023-07-26

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2023-07-26

Michael talks with Gad Saad about evolutionary psychology and the market, the mind parasites, and his new book. Meet the Gadfather Video of Meet the Gadfather

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They Didn’t Listen: The Reality of Hayek’s Bestseller

2023-07-26

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2023-07-26

F.A. Hayek is one of the most influential figures in the field of social science. His works ranged from philosophy to economics to jurisprudence to psychology. He won the Nobel Prize in economics in 1974 and was probably the last major Austrian economist from Austria. He was not only important in Austrian economics but also in mainstream economics. One of his most popular works was the book The Road to Serfdom. Even though it was written in 1944,...

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Wokeness and Big Tech

2023-07-26

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2023-07-26

Do woke tech firms have monopoly power? Download lecture slides at Mises.org/MU23_PPT_20. Recorded at the Mises Institute in Auburn, Alabama, on 26 July 2023. Wokeness and Big Tech | Peter G. Klein Video of Wokeness and Big Tech | Peter G. Klein

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Critique of Neoclassical Economics

2023-07-26

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2023-07-26

The differences between the Austrian school and the mainstream begin at the most fundamental level: method (logic vs. empiricism) and the goal of economic science (understanding vs. prediction). Download lecture slides at Mises.org/MU23_PPT_19.  Recorded at the Mises Institute in Auburn, Alabama, on 26 July 2023. Critique of Neoclassical Economics | Jonathan Newman Video of Critique of Neoclassical Economics |...

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Cronyism in America: How the AMA Cartelized the Medical Profession

2023-07-26

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2023-07-26

In the Progressive Era (1897 to 1929) the American Medical Association made an effort to restrict the supply of doctors. Download lecture slides at Mises.org/MU23_PPT_18.  Recorded at the Mises Institute in Auburn, Alabama, on 26 July 2023. Cronyism in America: How the AMA Cartelized the Medical Profession | Patrick Newman Video of Cronyism in America: How the AMA Cartelized the Medical Profession | Patrick...

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Mises and Nationalism

2023-07-26

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2023-07-26

At a time when ethnic politics were tearing Europe apart, Ludwig von Mises believed that such ethnic devotion did more harm than good. Original Article: "Mises and Nationalism"

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Measurement in Economics

2023-07-25

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2023-07-25

Karl-Friedrich Israel discusses modern econometrics, utility and welfare economics, and econometrics as a set of descriptive tools. Download lecture slides at Mises.org/MU23_PPT_17. Recorded at the Mises Institute in Auburn, Alabama, on 25 July 2023. Measurement in Economics | Karl-Friedrich Israel Video of Measurement in Economics | Karl-Friedrich Israel

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Minimum Wage

2023-07-25

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2023-07-25

There is no clear basis in economics, ethics, efficiency, or fairness for Minimum Wage Laws. The minimum wage works the way it was intended one hundred years ago. Download lecture slides at Mises.org/MU23_PPT_16. Recorded at the Mises Institute in Auburn, Alabama, on 25 July 2023. Minimum Wage | Mark Thornton Video of Minimum Wage | Mark Thornton

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Competition and Monopoly

2023-07-25

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2023-07-25

Government attempts to limit “monopoly power” cannot improve well-being. Download lecture slides at Mises.org/MU23_PPT_15. Recorded at the Mises Institute in Auburn, Alabama, on 25 July 2023. Competition and Monopoly | Peter G. Klein Video of Competition and Monopoly | Peter G. Klein

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Why Employers and Families—Not Bureaucrats—Should Be In Charge of Immigration Policy

2023-07-25

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2023-07-25

It's become common now to read arguments claiming that immigrants — broadly speaking —  are good for the economy, or good for "America" in some other fashion. "Migrants and refugees are good for economies," Nature magazine claims. "Open Immigration Is Good for the Health of People and the Economy," another writer claims. "1,500 economists to Trump: Immigrants are good for the U.S. economy," CNN insists....

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