Category Archive: 6b.) Mises.org

Following Scott down Ridgerun (5K)

Set to full screen / 5K for best results. To my future self: Exported ProRes from GoPro Player Used H264 encoder from Final Cut Pro

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The Upside of Lockdowns: More Saving

Rothbard: "At the outset of every step forward on the road to a more plentiful existence is saving….Without saving and capital accumulation there could not be any striving toward nonmaterial ends."

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Inflation Breeds Even More Inflation

I. Warning against Fiduciary Media. Early in the 20th century, Ludwig von Mises warned against the consequences of granting the government control over the money supply. Such a regime inevitably creates money through bank credit that is not backed by real savings—a type of money that Mises termed "fiduciary media."

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The Upside of Lockdowns: More Saving

Something good is coming out of the covid lockdowns. Economist David Rosenberg released a special report via the eponymous Rosenberg Research, concluding “the pre-COVID-19 ‘norm’ of a 7% personal savings rate will morph into a post-COVID-19 norm of 10%.

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How the State Preserves Itself—and What the State Fears

Once a State has been established, the problem of the ruling group or "caste" is how to maintain their rule.1 While force is their modus operandi, their basic and long-run problem is ideological. For in order to continue in office, any government (not simply a "democratic" government) must have the support of the majority of its subjects.

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Surviving Tech Purges: What We’re Doing at the Mises Institute

In the early 1980s few outlets existed for anyone interested in the Austrian school of economics or robust libertarian scholarship. Few universities taught Hayek, much less Mises or Rothbard. Libraries and bookstores carried little of interest for serious economists and thinkers in the old liberal tradition.

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Let Unsound Money Wither Away

Chairman Paul and members of the subcommittee, I am deeply honored to appear before you to testify on the topic of fractional-reserve banking. Thank you for your invitation and attention. In the short time I have, I will give a brief description of fractional reserve-banking, identify the problems it presents in the current institutional setting, and suggest a potential solution.

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Fiscal Stimulus vs. Economic Growth

[unable to retrieve full-text content]For most experts a key factor that policymakers should be watching is the ratio between actual real output and potential real output. The potential output is the maximum output that the economy could attain if all resources are used efficiently. In Q3 2020, the US real GDP–to–potential US real GDP ratio stood at 0.965 against 1.01 in Q3 2019.

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There Ain’t No Success like Failure

Like me you are probably looking over photos of supposed Trump supporters breaching the ramparts and storming the Capitol yesterday. That is if you can find them. To “protect” us from viewing these incredibly “disturbing” scenes, Twitter has helpfully announced that it will severely restrict their distribution across its network.

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The Capitol Riot Wasn’t a Coup. It Wasn’t Even Close.

On Wednesday, a mob apparently composed of Trump supporters forced its way past US Capitol security guards and briefly moved unrestrained through much of the capitol building. They displayed virtually no organization and no clear goals.

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Why the 2020s Won’t Be like the Roaring 20s

The 1920s featured political détente, debt liquidations by prior consumer price inflation, an introductory stalling of monetary inflation, a German economic miracle, and a broad-based technological revolution. The 2020s have none of these. Original Article: "Why the 2020s Won't Be like the Roaring 20s" This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.

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Hayek, Friedman, Buchanan: The Villains of “Neoliberalism”

Wendy Brown, a well-known political theorist who teaches at UC Berkeley, does not like Friedrich Hayek very much. She in part blames him and others as well, including Milton Friedman and James Buchanan, for policies that have led to the bad state of the world in general and America in particular today.

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2021: Welcome to Post-persuasion America

Mobilization and separation, not persuasion, is the way forward.

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Double Standards, Reparations, and War Crimes

Joan Wallach Scott, a historian who is a professor emerita at the Institute for Advanced Study in Princeton, has come up with a most valuable insight. She is decidedly not “one of us,” but her insight makes her sound as if she might be.

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California Now Wants to Tax People Who Live in Other States, Too

California’s government has become infamous for abusing its citizens, from steep taxation to burdensome regulations to arbitrary covid impositions. But less noticed is how it is also trying to abuse other Americans as well.

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Prof. Thorsten Polleit warnt – Deutschland KOLLABIERT!!! KRASSE Folgen des LOCKDOWN mit FAKTEN

Bitte unterstützt unseren Kanal damit wir auch in Zukunft hochwertige Videos für Euch produzieren können. Vielen Dank ?

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The Result of “Too Much Money”: Asset Price Inflation and Inequality

In the eyes of many, covid-19 has truly accelerated things. Tech aficionados have been rejoicing as virtual meetings, Zoom calls, and overall digitization within companies have seen a serious boost. At the same time, the corona crisis has intensified another contemporary development that people generally don’t really care about: today’s ongoing expansion of the money supply. Although monetary policy had been ultraexpansionary even well before the...

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2021: Predictions for the New Year

There's no reason to assume 2021 will bring a reversal of 2020's trends. Many of the fights that began in 2020 are likely to intensify in the new year.  Be sure to follow Radio Rothbard at Mises.org/RadioRothbard.

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The Problem with Mandatory “Socially Responsible Investing”

The term environmental social governance (ESG) investing is relatively new. As described in Forbes, [An] approach that is slowly on the rise is ESG activism, where an activist fund will take a position in the security of a company with the aim of campaigning to make its business better in terms of governance, less environmentally unfriendly and more socially responsible.

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Why the Marketplace Is Not a Zero-Sum Game

Twenty-twenty marks the twenty-fifth anniversary of a book that has had an expanding influence on the public conversation about market competition. Robert Frank and Philip Cook’s 1995 The Winner-Take-All Society argued that there are an increasing number of markets in which small differences in performance give rise to enormous differences in rewards.

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