Category Archive: 6b.) Mises.org

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The Folly of Criminalizing “Hate”

2024-09-10

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2024-09-10

Many people were shocked when over 1,000 protesters were arrested in the UK and jailed for various offenses including “violent disorder” and stirring up racial hatred. Most shocking were the cases of those arrested for posting social media comments on the riots, despite not being present at the scene and there being no evidence that anybody who joined in the riots had read any of their comments.In societies which uphold the value of individual...

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The Woke Plot To Destroy Our Economy

2024-09-10

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2024-09-10

“Woke” people claim that they want to wake up racial and sexual minorities to the way they are being discriminated against. Because of past and present exploitation, blacks and other “protected” groups are not getting what rightfully belongs to them. The solution to this is that the better off, especially if they are white, should have their wealth and income seized and given to those they are exploiting.The woke position rests on a fundamental...

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Economic Policy: Discussion Questions

2024-09-09

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2024-09-09

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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The Top Five Lessons for the Young Economist

2024-09-09

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2024-09-09

The Mises Institute is taking back economics education. In public schools, students learn that FDR’s New Deal and World War II got the US out of the Great Depression. They learn that total government control over an economy has its downsides, but so does pure laissez-faire, so the best system is a mixed economy with government intervention. The role of the entrepreneur is minimized or even completely ignored while the role of the state is...

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Is GDP an Accurate Measure of Reality?

2024-09-09

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2024-09-09

To gain insight into the state of an economy, most economists rely on a common statistic named the Gross Domestic Product (GDP). The GDP looks at the value of final goods and services produced during a particular period, usually a quarter or a year.Using this measurement statistic assumes that what drives the economy is not the production of goods and services, but rather consumption. In GDP, what matters is the demand for final goods and services....

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Rothbard on Liberty and Free Will

2024-09-09

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2024-09-09

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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Ireland, Authenticity, and the European Union

2024-09-09

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2024-09-09

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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ESG Undermines Social Welfare

2024-09-09

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2024-09-09

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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The Dark Spectacle of Maduro: Elon Musk, Lula, and Electoral Fraud

2024-09-09

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2024-09-09

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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The Wisdom of Herbert Butterfield

2024-09-09

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2024-09-09

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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The Incursion into Russia Will Not Solve Ukraine’s Biggest Problem

2024-09-09

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2024-09-09

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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The Euro Is a Frankenstein-Currency

2024-09-09

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2024-09-09

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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Governments Had a Major Role in Sustaining Slavery

2024-09-09

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2024-09-09

Given America’s history with slavery and eventual emancipation, especially the Emancipation Proclamation and the Thirteenth Amendment, the average person might be left with the impression that slavery was only ended thanks to the efforts of a powerful nation-state. In fact, one might even go as far as to assume that slavery could only be brought to an end through government policy and enforcement.What this misses is the important fact that...

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America Now Has Fewer Employed Workers than It Did a Year Ago

2024-09-07

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2024-09-07

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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Conceptual Clarity in Dismantling Economic Jargon

2024-09-07

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2024-09-07

It might seem like common sense to say that good ideas should be clear, but the notion that good ideas should be obscure and inaccessible to laymen has long been prevalent in academic circles. Murray Rothbard describes Keynes’s General Theory of Employment, Interest, and Money as, “not truly revolutionary at all but merely old and oft-refuted mercantilist and inflationist fallacies dressed up in shiny new garb, replete with newly constructed and...

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Is Artificial Intelligence the Next Easy-Money Bust?

2024-09-07

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2024-09-07

Since early 2022, the big buzz in the tech industry, and among laymen in the general public, has been “artificial intelligence.” While the concept isn’t new—AI has been the term used to describe how computers play games since at least the 1980s—it’s once again captured the public’s imagination.Before getting into the meat of the article, a brief primer is necessary. When talking about AI, it’s important to understand what is meant. AI can be broken...

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Where Will All the Money Go?

2024-09-07

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2024-09-07

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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The Taboo Against Truth: Holocausts and Historians

2024-09-06

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2024-09-06

“Speaking truth to power” is not easy when you support that power. Perhaps this is the reason why so few Western historians are willing to tell the whole truth about state crimes during this century.Last fall the Moscow News reported the discovery by two archaeologist-historians of mass graves at Kuropaty, near Minsk, in the Soviet republic of Byelorussia.  The scholars at first estimated that the victims numbered around 102,000, a figure that was...

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The Origin of Money: Menger vs. Graeber

2024-09-06

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2024-09-06

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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Libertarianism vs. Microlibertarianism

2024-09-06

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2024-09-06

Libertarianism is a consistent and principled philosophy that is absolute in scope and universal in application.We can begin with this classic description of libertarianism by libertarianism’s greatest theorist, Murray Rothbard (1926–1995):Libertarianism is not and does not pretend to be a complete moral, or aesthetic theory; it is only a political theory, that is, the important subset of moral theory that deals with the proper role of violence in...

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