Category Archive: 6b.) Mises.org

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“Guns and Butter” Is Back

2024-10-04

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2024-10-04

Sabrina Carpenter has been a star since she was 12, staring on Disney’s Girl Meets World. Now she’s a singer and, I’ve heard, she has broken records set by the Beatles. She’s recorded a catchy cover of Nancy Sinatra‘s 1965 hit “These Boots Are Made For Walking.”  ”I want to feel as confident as humanly possible so I can be up there and not worry about what I’m doing,” Carpenter says. “It helps me perform better.” She ended up donning custom...

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The Regime Wants Appalachia To Suffer

2024-10-04

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2024-10-04

Americans from Florida to North Carolina continue to deal with the devastating consequences of Hurricane Helene, now the deadliest hurricane to hit the US since Katrina. The stories emerging from the region are heart breaking. The economic damage to property and the infrastructure will take years to recover from. Large parts of the area will never return to what they were.Many Americans may be unaware of the extent of the damage. Unlike Hurricane...

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Paul Cwik’s New Introduction to Austrian Business Cycle Theory

2024-10-04

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2024-10-04

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...

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We Lose, They Lose: A Reagan-Trump Fusion

2024-10-04

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2024-10-04

Donald Trump’s ascendancy in the Republican Party fissured the GOP. Increasingly alienated, the GOP’s neoconservative wing flocks more and more to the Democrats. To anyone who grew up accustomed to viewing Democrats as the peace party, a Democrat presidential candidate celebrating the endorsement of Dick Cheney is mind-bending. But while some in the GOP increasingly reject nation-building and democracy-promotion as pillars of foreign policy, others...

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Governments Make Everything Worse

2024-10-03

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2024-10-03

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

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Fall 2024 Campus Mises Book Clubs

2024-10-03

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2024-10-03

This fall, students from across the US are participating in reading groups led by scholars at various universities and colleges. These student groups promote deep reading and discussion of works in Austrian economics and libertarian political philosophy.

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America Doesn’t Need More “Efficient” Government

2024-10-03

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2024-10-03

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...

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Why the Fed’s Two-Percent Inflation Target Is Meaningless

2024-10-03

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2024-10-03

Federal Reserve technocrats like to use a variety of slogans and buzzwords designed to make the Federal Reserve look like it’s an apolitical, “scientific” institution guided only by a quest for sound management of the economy. Specifically, nearly every time Fed chairman Jerome Powell makes an appearance—whether it’s the usual FOMC press conference, or when testifying before Congress—Powell is careful to make mention of how the Fed is “data...

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Repeating the Interventionist Excesses of the Tudor Period

2024-10-03

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2024-10-03

Fundamentally, there are only two forms of economic and political organization—centralized or distributed. The distributed model is based upon the principle of subsidiarity, which is, “an organizing principle that matters ought to be handled by the smallest, lowest or least centralized competent authority.” Governments today are in the centralized category. By contrast, the free market—to the extent it was allowed to operate in the age of classical...

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Is the Dockworkers Union a Corporate Tool?

2024-10-03

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2024-10-03

Labor unions are exempted from federal antitrust laws including the Sherman Antitrust Act, which outlaws “conspiracies in restraint of trade.” This is not a bad thing: Everyone should be exempted from antitrust laws. They are an assault on property rights and because their rulings are so arbitrary they are incompatible with justice and fairness. They are also a tool of rent-seeking businesses who practice “lawfare” by routinely suing their superior...

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Playing with Fire: Money, Banking, and the Federal Reserve

2024-10-03

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2024-10-03

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...

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Simple Counters to Simplistic Critiques of Austrian Economics

2024-10-03

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2024-10-03

On his podcast Wealth Formula, Buck Joffrey recently covered, together with his guest Richard Duncan, the Austrian School of Economics. Despite being only 42 minutes long, the episode is packed full of errors and fallacies. Superficially, there is no reason for anyone to watch the episode, let alone for someone to write a response correcting the many misconceptions therein contained. However, the episode does merit discussion by...

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Vance vs. Walz: Should the Government “Do Something”?

2024-10-02

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2024-10-02

In the final stretch of any presidential campaign, the goal is to attract any remaining undecided voters. This usually means that candidates moderate and soften their messaging, especially in comparison to the proposals and rhetoric used to attain the nomination of their respective parties earlier in the campaign. This was on full display in last night’s vice-presidential debate between J.D. Vance and Tim Walz.I also want to discuss a few important...

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Einstein Was the Greatest Physicist but Was Economically Illiterate

2024-10-02

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2024-10-02

Known as a “symbol of human wisdom,” Albert Einstein is undoubtedly one of the greatest physicists of the 20th century, he gained fame not only for his scientific achievements but also for his call for peace, freedom, and justice. Humility, kindness, and compassionate humanity all added much to his personal charm. However, no one is perfect, and Einstein was no exception.Einstein often expressed his views on economic, political, human peace, and...

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Can Huey Long Save America?

2024-10-02

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2024-10-02

I occasionally read a writer and podcaster known as a conspiracy researcher who writes on a variety of subjects. Donald Jeffries is all over the map politically (reformer, idealist, libertarian, classical liberal, populist, and cultural conservative), has published several books, and has written a Substack column since 2021. His name is not important because it is his ideas, which are shared by a growing number of people, that I want to...

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America Doesn’t Need More “Efficient” Government

2024-10-02

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2024-10-02

Last month, Donald Trump announced that he intends to set up a government efficiency commission if he wins a second term. The commission would be led by tech entrepreneur Elon Musk, who would audit the entire federal government to find and eliminate inefficiencies that needlessly cost taxpayers trillions of dollars.While Austrian economists tend to be wary of the entire concept of “efficiency” in a world without perfect, universal knowledge of the...

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Does This Country Need More Efficient Government?

2024-10-02

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2024-10-02

Last month, Donald Trump announced that he intends to set up a government efficiency commission if he wins a second term. The commission would be led by tech entrepreneur Elon Musk, who would audit the entire federal government to find and eliminate inefficiencies that needlessly cost taxpayers trillions of dollars.While Austrian economists tend to be wary of the entire concept of “efficiency” in a world without perfect, universal knowledge of the...

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Enemies of Private Property Snitch on Small Businesses for “Price Gouging”

2024-10-01

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2024-10-01

The videos coming out of western North Carolina, of entire towns wiped off the map by flood waters of Hurricane Helene, are both tragic and shocking. Lesser, but serious, impacts have been felt across the entire region. The residents of much of southern Appalachia, Georgia, Florida, and the Carolinas are facing temporary shortages in terms of access to clear water, power, and fuel. For some social-media bomb throwers, however, the floods are an...

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Warren Buffett, Dave Ramsey, and John Maynard Keynes are Wrong!

2024-10-01

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2024-10-01

Hello and welcome to another episode of the Minor Issues podcast. I’m Mark Thornton at the Mises Institute.We have kicked off the Fall Campaign at the Mises Institute. I humbly request that you make a small donation in the name of this podcast using the link in the show notes. It would mean a great deal to me. For every $100 or more donation, or recurring donation of $5 or more, using this link, I will send you a signed copy of my Skyscraper Curse...

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National Socialism Was Socialist

2024-10-01

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2024-10-01

These days, supporters of President Trump and others on the right are often smeared as “fascists,” and what is meant by this is that they support the Nazis. For example, the historian Ruth Ben-Ghiat says: “To get people to lose their aversion to violence, savvy authoritarians also dehumanize their enemies. That’s what Trump is doing. Hitler used this ploy from the very start, calling Jews the ‘black parasites of the nation’ in a 1920 speech. By the...

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