The latest release of Epstein files again highlighted how disgusted and frustrated people have grown with the current elites. Yet they remain essentially untouchable. Why?
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Category Archive: 6b.) Mises.org
The Five Stages of Totalitarianism
Totalitarian societies do not become that way overnight. There are recognizable signs and stages which show how a society slides into that abyss.
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Everyone Agrees Our Elites Are Terrible, So Why Are We Stuck with Them?
The latest release of Epstein files again highlighted how disgusted and frustrated people have grown with the current elites. Yet they remain essentially untouchable. Why?
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Will He, or Won’t He?
For the past month, Americans have been wondering whether President Trump will attack Iran, or whether the massive military build-up in the Middle East is just another bluff.
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The Not-So-New Dollar Strategy: Monetize Productivity in Advance
A bad end is most likely though even in the best case scenario of AI increasing living standards. The build-up of asset inflation malinvestment and overleveraging will impose huge costs.
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It’s No Surprise that Conservatives Have Rediscovered Their Love of Federal Power
There is no reason to be surprised by the total lack of commitment to any ideological standards. Nor is there any reason to expect anything better. That's just how American politics works.
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Adam Smith Misunderstood the Origins of the Division of Labor
Although Adam Smith is well-known for emphasizing division of labor, his analysis was woefully incomplete, as Dr. Mark Thornton points out.
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Silver price back above $80 after 31% drop on Friday
Gold’s price dropped from close to $5,600 to less than $4,500 on Monday. Silver plunged 31.4% on Friday alone.
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Bureaucracy Increases Accidents and Risks
The market regulates accidents very effectively. If the state does not coercively interfere, competition between companies forces them to improve services to the maximum.
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Silver Slammed as Trump Nominates New Fed Chair
Mark Thornton presents a timely interview with Elijah K. Johnson that underscores how quickly “melt-ups” can flip into sharp corrections.
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A Positive View of Sectional History
In most nations of any size, sectionalism is almost inevitable. How nations handle such divisions, historian Frank L. Owsley, determines if sectionalism is peaceful or becomes violent. It became violent in the US in 1861.
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The Political Economy of Pesticides: How to Subsidize a Poison
Will the Make America Healthy Again (MAHA) succeed? If the regulatory story of DDT is a prime example of government regulation in action, then the answer is a resounding no.
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It’s No Surprise that Conservatives Have Rediscovered Their Love of Federal Power
There is no reason to be surprised by the total lack of commitment to any ideological standards. Nor is there any reason to expect anything better. That's just how American politics works.
Read More »
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Are There Constants in Economics?
One of the Austrian arguments against using mathematics to model economic phenomena is that there are no constants in economics, as things always are changing.
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The True Dollar Price to Redeem an Ounce of Gold
It is clear that the government has lost all spending discipline and it would be foolish to believe that it will suddenly regain that discipline absent an external control, namely, gold.
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Have Fiat Money, Will Tyrannize
Thanks to the Federal Reserve, the US government will always have enough printed money to fund its tyrannical schemes.
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The Division of Labor
Entrepreneurs, prices, and profit-and-loss coordinate the division of labor that makes prosperity possible.
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The Political Economy of Pesticides: How to Subsidize a Poison
Will the Make America Healthy Again (MAHA) succeed? If the regulatory story of DDT is a prime example of government regulation in action, then the answer is a resounding no.
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The Panic of 1857: An Austrian View
Economic historians usually are mistaken when looking at the causes of the Panic of 1857. Douglas E. French sets the record straight.
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Kevin Warsh’s Successful Political Campaign
Leading up to his selection, Warsh had expertly crafted a message for his chosen audience of one—Donald Trump.
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On Swiss National Bank
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SNB Sight Deposits: decreased by 3.1 billion francs compared to the previous week
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SNB’s Chairman Schlegel: A few months of negative inflation wouldn’t be a problem
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2025-07-31 – Interim results of the Swiss National Bank as at 30 June 2025
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SNB Brings Back Zero Percent Interest Rates
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Hold-up sur l’eau potable (2/2) : la supercherie de « l’hydrogène vert ». Par Vincent Held
Main SNB Background Info
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