Category Archive: 6b.) Mises.org

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Technology Is Meaningless without Entrepreneurship

2023-06-07

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2023-06-07

Technocrats frequently pressure the US government to increase R and D as a strategy to upstage China. The assumption is that public R and D will lead to innovation and economic growth because research generates the science that spurs innovation. Yet the formula is mistaken, for history has shown that science often lags technology. Innovations prior to the advent of modern science in Europe occurred without crucial advancements in scientific...

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Committing Domestic Violence against Men . . . Just for a Giggle

2023-06-07

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2023-06-07

Domestic violence is a stain on society, but it is worse if we only care about violence committed against people of one sex. Original Article: "Committing Domestic Violence against Men . . . Just for a Giggle"

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The Saudi-China-Iran Partnership Creates a New Middle East

2023-06-07

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2023-06-07

Ryan and Zack look at how China, Iran, and Saudi Arabia are reshaping the Middle East into a region where the United States no longer dominates. This is a good thing for ordinary Americans. Additional Resources "Thanks to Sanctions, the US Is Losing Its Grip on the Middle East" by Ryan McMaken: Mises.org/WES_11_A "The Petrodollar-Saudi Axis Is Why Washington Hates Iran" by Gary Richied: Mises.org/WES_11_B "Peace is...

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Econometric Models Cannot Fulfill the Role of an Economics Laboratory

2023-06-07

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2023-06-07

Many economists believe that economics must emulate the physical sciences with controlled experiments to be credible. Econometric models, they claim, can fulfill the role of laboratory experiments. Through mathematical and statistical methods, an economist supposedly establishes relationships between various economic variables. For example, personal consumer outlays are related to personal disposable income and the interest rates, while capital...

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How Capitalism Redefined Masculine Virtue

2023-06-07

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2023-06-07

One of the main fronts in the current culture war in the United States is the debate over "masculinity." Certain corners of the Left tell us that "toxic masculinity" is a terrible thing. Yet, it's often unclear whether masculinity is itself necessarily toxic, or if toxic masculinity is just one type of masculinity. How masculinity is defined is essential to the debate, and every pundit wants to define it his or her own way....

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Thanks to Sanctions, the US Is Losing Its Grip on the Middle East

2023-06-06

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2023-06-06

While the US ratchets up efforts to isolate its many enemies, the Chinese, the Saudis, the Arab League, and OPEC all shrug and look to increasing international communication and trade. Original Article: "Thanks to Sanctions, the US Is Losing Its Grip on the Middle East"

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Environmentalism and the Immoral Low Ground

2023-06-06

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2023-06-06

Last month, the Biden administration’s Environmental Protection Agency proposed new power plant regulations that would put harsh limits on the amount of carbon dioxide released while producing electricity. This comes from the same administration pushing to electrify all parts of daily life, from driving to cooking. As if slamming the power grid with artificial demand is not enough, now the federal government has also set its sights on electricity...

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Living by a Premise

2023-06-06

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2023-06-06

More than forty years ago, Leonard Read urged graduates of Hillsdale College to find a premise, a belief in a universal idea of liberty. Original Article: "Living by a Premise"

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Energy and Economic Efficiency: The Market versus the Politicization of Our Energy Futures

2023-06-05

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2023-06-05

Radical environmentalists have convinced people that we are doomed if we continue to use fossil fuels. We are doomed if we stop using them. Original Article: "Energy and Economic Efficiency: The Market versus the Politicization of Our Energy Futures"

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Rise of the Effete Authoritarians

2023-06-05

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2023-06-05

Here in the West, particularly in countries such as the United States and Canada, we have experienced radical political and cultural changes over the past several years, and the pace of these changes seems to have accelerated since 2020. In the minds of many, there is an almost palpable feeling that a switch has been thrown and that the relationship between citizens and the state has been permanently altered. Perhaps the most salient revelation in...

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The Five Stages of Bank Failure Grief

2023-06-04

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2023-06-04

We are familiar with the five stages of grief. However, it is not a stretch to apply those stages to what is happening to the banking system. Right now, we are in the second stage: anger. Original Article: "The Five Stages of Bank Failure Grief"

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Crowding Out: The Fed May Be Killing the Private Sector to Save the Government

2023-06-03

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2023-06-03

A "soft landing" is impossible unless the government cuts both taxes and government spending at the same time interest rates are rising. This won't happen, so get ready for a hard landing.  Original Article: "Crowding Out: The Fed May Be Killing the Private Sector to Save the Government"

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Bank of England Economist: Britons Need to Accept That They’re Poorer

2023-06-03

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2023-06-03

Although the Bank of England is largely responsible for inflation in the UK, its leaders blame British consumers and workers for the price increases. Original Article: "Bank of England Economist: Britons Need to Accept That They’re Poorer"

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Energy Prices

2023-06-03

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2023-06-03

While talk of high gas prices is no longer a headline issue, energy economics is still a vitally important aspect of understanding the economy, including the business cycle. Mark explains the basics, tells us where we now stand, and what the major implications are for the near future. Be sure to follow Minor Issues at Mises.org/MinorIssues.

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Coto Mixto: Anarchy in Galicia

2023-06-03

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2023-06-03

A concrete example of an anarchic order existed within Spain, on the current border between Spain and Portugal, in the kingdoms of Castilla and Galicia. By “anarchy” I mean the abolition of centralized power, not the abolition of authority as leftists conceive it to be. One such regime was called Coto Mixto. It was a small territory located in the basin of the Salas River. Coto Mixto’s residents avoided the control of Spain and Portugal from...

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Property Rights, Civilization, and Their Enemies

2023-06-03

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2023-06-03

[This article is adapted from a lecture delivered at the Reno Mises Circle in Reno, Nevada. on May 20, 2023.] It is not an exaggeration to say that property rights are a prerequisite for civilization. As Ludwig von Mises wrote in The Free and Prosperous Commonwealth: Private property creates for the individual a sphere in which he is free of the state. It sets limits to the operation of the authoritarian will. It allows other forces to arise side...

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The Whiskey Rebellion: A Model for Our Time?

2023-06-03

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2023-06-03

The Free Market 12, no. 9 (September 1994) In recent years, Americans have been subjected to a concerted assault upon their national symbols, holidays, and anniversaries. Washington's Birthday has been forgotten, and Christopher Columbus has been denigrated as an evil Euro-White male, while new and obscure anniversary celebrations have been foisted upon us. New heroes have been manufactured to represent "oppressed groups" and paraded...

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Summer Fellowship 2024

2023-06-02

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2023-06-02

Fellowships in Residence at the Mises Institute in Auburn, Alabama, are available to graduate students and post-docs interested in scientific research in the Austrian school and libertarian political economy. These Fellowships offer a unique opportunity for full-time research and writing in a particular area of specialization under the guidance of Institute faculty. The program targets students seeking careers as academic educators and researchers,...

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There’s No Place like Noam

2023-06-02

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2023-06-02

Noam Chomsky's latest offering—a series of interviews—presents the best (and worst) of one of America's premier public intellectuals. Original Article: "There's No Place like Noam"

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Opposing Critical Race Theory Doesn’t Make You a “White Supremacist”

2023-06-02

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2023-06-02

Kimberlé Crenshaw, one of the founders of critical race theory (CRT), recently decried what she called the “war on wokeness” (by which she seems to mean a war on CRT). According to her, this “war on wokeness” is “the road to an authoritarian state that’s paved through the history of white supremacy.” It’s true that the “war on wokeness” has taken on authoritarian overtones of late. Many Republicans are rejecting the ideas of pluralism and free...

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