Category Archive: 6b.) Mises.org
Trump wants markets up and more easy money. Warsh will deliver.
Warsh's hawkish credentials are real. His hawkish future is not. Trump didn't pick him to raise rates and crash markets before the midterms.
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Unger The Weather
In this week’s Friday Philosophy, Dr. David Gordon examines the demands of philosopher Peter Unger, namely, that we be forced to give up our wealth to fund a world welfare state. Suffice it to say that Dr. Gordon is not impressed with Unger’s arguments.
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Trump picks Kevin Warsh as new Federal Reserve chair.
If confirmed by the Senate, Warsh would succeed current Fed Chair Jerome Powell, whose term ends in May.
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Fraud as Policy: The Incentives of the Modern Welfare State
Politicians and the media always express shock when they hear about the latest fraudulent schemes involving the welfare system. They shouldn't be surprised, as nothing incentivizes fraud like the welfare state.
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Mises, Money, and Catallactics: The State “Theory” of Money Abandons Economics
Ironically, an acatallactic pseudo-theory of money that emerged from a school of thought that rejected theory in favor of an empirico-realistic, historical theory of money now finds it intellectually acceptable, not only to reject catallactic economic theory, but also empirical history.
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Why the Federalists Hated the Bill of Rights
The Bill of Rights transformed the Constitution from one of supreme and total national power to a partially mixed polity where the liberal anti-nationalists at least had a fighting chance.
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The Fed Does Nothing
Dr. Jonathan Newman joins Tho and Connor to discuss Jerome Powell's favorite type of FOMC meeting: a boring one. No cuts, no concerns, no drama in the eyes of the soon-to-be-former Fed Chair. On this episode, we try to bust his bubble on this episode of Power and Market.
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Quantitative Finance Has a Rotten Foundation
Austrian economists have long criticized using mathematics to undergird economic analysis. It is time to apply that same criticism to using math to undergird analysis of financial markets.
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Surprise! Mamdani Is Governing Like a Socialist
By hiring a communist as his main housing adviser, New York Mayor Zohram Mamdani is fully committed to driving out private ownership of rental properties and handing over apartments to the city and politically-connected organizations. It will only make housing problems worse.
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Applause for the Exception: How Legal Education Is Learning to Stop Limiting Power
Liberty often dies to thunderous applause. At a recent graduation ceremony at one of Latin America’s oldest and most prestigious law schools, young lawyers applauded a vision of authority in which law no longer operates as a limit on power, but as its instrument.
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We Can Have Unity or We Can Have Freedom. We Can’t Have Both.
While unity sounds like a nice thing to have, when it comes to politics and nation-states, experience repeatedly shows that unity is the tool of those who build state power at the expense of freedom.
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Surprise! Mamdani Is Governing Like a Socialist
By hiring a communist as his main housing adviser, New York Mayor Zohram Mamdani is fully committed to driving out private ownership of rental properties and handing over apartments to the city and politically-connected organizations. It will only make housing problems worse.
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The Ruthlessness and Brutality of the US Government
From time to time, the American people need to be reminded who is the boss. The boss is the US government. The citizenry are the serfs, the servants, the subordinates.
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The 1929 Financial Thriller and the “We Can’t Help Ourselves” Theory of Financial Mania
The 1929 October stock market crash is one of the most important financial events in US history. Andrew Ross Sorkin’s book gives a close look at the events that shook the nation.
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Trump’s Embrace of Economic Leftism Will Destroy the Legacy He’s Desperately Trying to Build
Trump is clearly focused on building a legacy in his second term with his domestic vanity projects and dramatic foreign interventions. But his actual legacy is shaping up to be defined by his lack of progress on affordability.
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The Essence of Action and Liberty
Life, for man, begins not with breath, but with action. To act, he must own himself. He must be free to choose.
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Trump’s Embrace of Economic Leftism Will Destroy the Legacy He’s Desperately Trying to Build
Trump is clearly focused on building a legacy in his second term with his domestic vanity projects and dramatic foreign interventions. But his actual legacy is shaping up to be defined by his lack of progress on affordability.
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The Mirage of Public Finance: Italy’s Budget Bill
When it comes to fiscal reform, the Right—in Italy and abroad—should remember Jean-Baptiste Say: “The best scheme of finance is, to spend as little as possible; and the best tax is always the lightest.”
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Why the Federalists Hated the Bill of Rights
The Bill of Rights transformed the Constitution from one of supreme and total national power to a partially mixed polity where the liberal anti-nationalists at least had a fighting chance.
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Trump’s Latest Regime Change Target
What does the Federal Reserve have in common with Venezuela and Greenland? It has been targeted by President Trump for regime change.
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