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Category Archive: 6b.) Mises.org

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Are Free Market More Dangerous than Regulated Markets?

2024-01-27

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2024-01-27

As a frequent X/Twitter user, I follow a variety of accounts that touch on a number of niches: whether that is economics, finance, Catholicism, college football . . . or in this case, Lord of the Rings. A popular Twitter account that regularly shares content related to J.R.R. Tolkien’s work broke from character to offer an insight on another tweet. In the tweet he refers to, a food inspector is shown interrupting the business of a diner, which the...

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Human Action Conference 2024

2024-01-27

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2024-01-27

Students apply for a scholarship here. "Once in a great while, a book appears that both embodies and dramatically extends centuries of accumulated wisdom in a particular discipline, and, at the same time, radically challenges the intellectual and political consensus of the day. Human Action by Ludwig von Mises is such a book, and more: a comprehensive treatise on economic science that would lay the foundation for a massive shift in...

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Peter St. Onge On Who’s Taking Your Money

2024-01-27

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2024-01-27

Economist Peter St. Onge summarizes some of the major financial and government news stories of the day. Bob's Mises University Talk 'Price Inflation: Corona vs. QE': Mises.org/HAP432a   Join Tom DiLorenzo, Joe Salerno, and Patrick Newman in Tampa on February 17: Mises.org/Tampa2024Use code "Action24" for 15% off admission.   Human Action Podcast listeners can get a free copy of Murray Rothbard's Anatomy of the State: Mises.org/HAPodFree...

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The United States Is a Colonial Empire, and an Extremely Successful One

2024-01-26

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2024-01-26

For those who remember their high school textbooks, the issue of America's imperial history is very clear cut. American imperialism, the textbooks told us, was that fairly brief period in American history that lasted from 1898 to 1945. This was the period during which the United States acquired a number of overseas territories, including the Philippines and Puerto Rico, among others. The era of imperialism, we are told, ended in 1945 when the...

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Don’t Let Your Adversaries Raise Your Children

2024-01-26

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2024-01-26

Socialist Antonio Gramsci’s “long march through the institutions” describes the slow and gradual intellectual capture of a society through its influential and powerful institutions, including the church, media, the arts, corporations, schools, and universities, eventually leading to full infiltration. It takes little awareness to realize that these strategies have succeeded. In the United States, all of Gramsci’s institutions are now socialist in...

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If One Wishes to Discredit Capitalism, One Should at Least Understand How It Works

2024-01-26

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2024-01-26

Socialism: A Logical IntroductionScott R. SehonOxford University Press, 2024; 268 pp. This is a better book than I expected it to be, but it is not without its problems. Scott Sehon, a philosophy professor at Bowdoin College, is strongly inclined to believe that socialism is better than capitalism, but in the book, his main aim is to set forward some of the main arguments in favor of each system, indicating their strengths and weaknesses. He has an...

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Climate Deniers Deny Socialism. That’s Why the Regime Hates Them.

2024-01-26

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2024-01-26

Free markets is an unambiguous term, which implies a lack of inappropriate government intervention as consumers and firms pursue their own interest in a competitive environment. (my emphasis) —Clifford Winston, “This Economist Really Loves Free Markets”   Inappropriate government intervention is a line government finds easy to cross, much like the Constitution’s “general welfare” clause. The latter was never intended to be a provision of infinite...

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The Next Austrian School Renaissance

2024-01-26

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2024-01-26

Having recently completed forty-one years as a university economics professor I am convinced that books like Human Action in particular, and the Austrian School in general, are more needed than ever if Western civilization is to be saved from the onslaught by the current generation of “cultural” Marxist totalitarians. All socialists, Mises wrote in Socialism, are first and foremost “destructionists” who want to destroy the existing institutions of...

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Biden and Forgotten Federal Financial Tyranny

2024-01-25

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2024-01-25

Americans were jolted last week to learn that the Joe Biden administration viewed purchasing a Bible as a potential terrorist warning sign. Representative Jim Jordan (R-OH), chairman of the House Judiciary Committee, revealed that the Treasury Department’s Financial Crimes Enforcement Network stretched its “suspicious behavior” definition to include purchasing a Bass Pro Shop hat, as well as items sold by Cabella’s and Dick’s Sporting Goods. If...

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Babylon Bee Deserves Krugman’s Nobel Prize

2024-01-25

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2024-01-25

On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop are joined by Mises Institute Fellow Jonathan Newman to discuss economic fake news, featuring a cameo by Taylor Swift and Selina Gomez. Also, sign up today for our special Radio Rothbard raffle for a free entry into our 2024 Human Action Conference, celebrating the 75th anniversary of Ludwig von Mises's masterpiece. Mises.org/RRraffle. Discussed on the Show  "Selena Gomez...

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Unbreakable Union: Lessons Learned from the Demise of the Soviet Union

2024-01-25

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2024-01-25

[This week marks the one-year anniversary of the death of Yuri Maltsev. Dr. Maltsev had been an economist in the Soviet Union under Gorbachev, and defected to the United States in 1989. This article is an adaptation of a lecture written by Dr. Maltsev for the 2011 Austrian Scholars Conference in Auburn, Alabama.]  The opening lines of the state anthem of the USSR went as such: “An unbreakable union of free republics, Great Rus has united forever....

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The Federal Government’s Version of “Fiscal Responsibility” Offends Merriam and Webster

2024-01-25

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2024-01-25

A glance at the introductory sections in the 2024 budget put forth by the Biden administration might invite dangerous bouts of laughter if only the topic were not so serious and our so-called leaders not so delusional. After the “Budget Message of the President,” the fun begins with “Delivering Results for the American People” and “Growing the Economy from the Bottom Up and Middle Out” followed by the impossible-to-say-with-a-straight-face...

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The Fed Prepares for a Bank Crisis While Telling Americans the Economy is Strong

2024-01-25

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2024-01-25

Last Thursday, Bloomberg reported that federal regulators are preparing a proposal to force US banks to utilize the Federal Reserve’s discount window in preparation for future bank crises. The aim, notes Katanga Johnson, is to remove the stigma around tapping into this financial lifeline, part of the continuing fallout from the failures of several significant regional banks last year. This new policy is reminiscent of the Fed’s actions during the...

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What Does Classical-Liberal Foreign Policy Look Like?

2024-01-24

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2024-01-24

Ryan and Zach review a new book on the basics of the "classical liberal" theory of international relations. Drawing on the work of Mises and Hayek, Edwin van de Haar's new IR book provides a useful and insightful summary of how a pro-freedom foreign policy differs from the usual foreign policy in Washington.  Additional Resources "Human Nature and World Affairs: An Introduction to Classical Liberalism and International...

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Why Open Borders Don’t Work for Small Countries

2024-01-24

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2024-01-24

The arguments of open-borders advocates may be applicable in some corners of the developed world. However, for small countries next to larger ones, open borders bring serious geopolitical consequences.  Original Article: Why Open Borders Don't Work for Small Countries

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Jamaica Still Struggles Economically, But There Is Hope for the Future

2024-01-24

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2024-01-24

The island nation of Jamaica has beautiful beaches but a problem with poverty. Jamaica needs capital and free markets, not more state control of the economy. Original Article: Jamaica Still Struggles Economically, But There Is Hope for the Future

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Why Society Doesn’t Need the State

2024-01-24

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2024-01-24

Thomas Hill Green, an eighteenth-century English philosopher, didn't believe it was possible to have a good society without a powerful state. David Gordon explains why Green’s argument fails to impress. Original Article: Why Society Doesn't Need the State

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A Field Guide to Dubious Fact Checking

2024-01-24

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2024-01-24

It’s now 2024—the Associated Press says so. In case a claim was made that it’s still 2023, the Associated Press wants to assure everyone that that is false. Now, that’s a fact-check. What isn’t a fact-check is most of what is produced by the fact-check industry. PolitiFact, FactCheck.org, and each of the in-house media organizations like CNN’s Facts First are merely confirmation machines, apparatus that reinforce the original lie, like putting...

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Biden’s Middle East Policy Puts Americans at Risk

2024-01-24

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2024-01-24

The situation in the Middle East is growing more and more dangerous for the Americans stationed there. Two Navy SEALs are dead after being lost at sea off the coast of Somalia while searching a boat that was allegedly carrying weapons bound for Yemen. And many US troops have suffered concussions and other brain injuries in rocket attacks in Iraq and Syria. President Joe Biden and his advisors are reportedly convinced that it is only a matter of...

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The Promise of Human Action

2024-01-23

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2024-01-23

[This speech was delivered at the Mises Institute on the 50th anniversary of the publication of Human Action in 1999.  This year, May 16-18, join Dr. Joseph T. Salerno, Dr. Thomas J. DiLorenzo, Dr. Jörg Guido Hülsmann, Dr. Mark Thornton, and more for a conference in honor of the 75th anniversary of Human Action at our campus in Auburn. Space is limited. Register here.] In a 1949 memo circulated within Yale University Press, the publicity department...

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