Category Archive: 6b.) Mises.org

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The Specter of Hyperinflation Looms over the Economy

2023-11-16

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2023-11-16

While the White House claims that inflation is losing steam, the truth is that unless the government changes its reckless monetary course, hyperinflation could be in our economic future. Original Article: The Specter of Hyperinflation Looms over the Economy

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One Cannot Interpret Facts of Reality without Theories

2023-11-16

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2023-11-16

Many economists, including Milton Friedman, have claimed that reality is elusive and that one cannot know its true nature. Most mainstream economists also believe that data gives us the state of the economy. By inspecting numbers such as gross domestic product (GDP) or the consumer price index, only then can an economist accurately assess the state of economic conditions. Ludwig von Mises and the Austrian School of Economics have had a different...

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Turkey Is Sustaining Major Inflation. Something Has to Give

2023-11-16

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2023-11-16

Inflation in Turkey today is officially running close to 70 percent, but the Turkish economy seems to be booming. Inflationary booms, however, cannot be sustained. Original Article: Turkey Is Sustaining Major Inflation. Something Has to Give

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The Worse-than-Medieval Economics of Climate Technocrats

2023-11-16

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2023-11-16

Throughout my life, a specter developed by the state has been used to haunt and cajole the world’s politics to favor centralized technocracy. I remember it first being called “global warming,” complete with apocalyptic prognostications meant to occur by specific years. Sometime after those predictions failed to materialize, it was rebranded as “climate change,” and the technocratic class’s predictions became more ethereal and vague. The craze made...

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The More Complex the Society, The Less Government Control We Need

2023-11-15

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2023-11-15

Americans live in a complex world. That has made those who argue for ever-growing statism to often claim that “the more complex the society, the more government control we need.” One major reason is that this claim allows them to assert that even if liberty was appropriate in a long-past, simple “horse and buggy” age (as when America began as a country), it cannot possibly be so now. When I hear such an assertion, the first thing I think of is...

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Canadian Digital Protectionism Gravely Threatens Free Speech

2023-11-15

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2023-11-15

Under the guise of "modernizing" communications, the Canadian government is vastly expanding its power to regulate social media and threaten free speech. Original Article: Canadian Digital Protectionism Gravely Threatens Free Speech

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100 Years Ago Today: The End of German Hyperinflation

2023-11-15

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2023-11-15

On 15 November 1923 decisive steps were taken to end the nightmare of hyperinflation in the Weimar Republic: The Reichsbank, the German central bank, stopped monetizing government debt, and a new means of exchange, the Rentenmark, was issued next to the Papermark (in German: Papiermark). These measures succeeded in halting hyperinflation, but the purchasing power of the Papermark was completely ruined. To understand how and why this could happen,...

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Kendi’s Critical Race Theory Is a Failed Marxist Doctrine

2023-11-15

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2023-11-15

While Ibrahim Kendi's infamous antiracism center at Boston University implodes, the doctrines espoused by the center continue to present false social narratives. Original Article: Kendi's Critical Race Theory Is a Failed Marxist Doctrine

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The Problem with Joe Manchin’s Centrism

2023-11-15

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2023-11-15

Last week, Senator Joe Manchin (D-WV) announced he would not seek reelection in 2024. In a Wall Street Journal op-ed, Manchin explained his reasons for leaving. He starts with a relatively noncontroversial assessment of the problems facing America—rising costs, dangerous drugs crossing the border, a large national debt, unsafe communities, and foreign wars that threaten to pull the United States in. After some platitudes about these not being...

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You’re Paying for the Israel War. You’ll Also Pay for the Refugees.

2023-11-15

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2023-11-15

The United States regime has picked sides in the Israel-Hamas war and has committed to funding Israel's ongoing bombing of non-combatant men, women, and children in the Gaza strip. Northern Gaza's infrastructure is now all but destroyed, with millions of Gazans displaced and homeless. Nearly ten times more Gazans than Israelis have now died in the conflict. Many Gazans have fled to the southern portion of Gaza, but homelessness and abject poverty...

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The TSA Is Still Crazy after All These Years

2023-11-14

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2023-11-14

The TSA has been promising to end its boneheaded ways for more than 20 years. Flying out of Dallas International Airport last week, I ruefully recognized that all TSA reform promises are malarkey. As I neared the end of a TSA checkpoint line, I saw two women loitering behind a roped off section for CLEAR, a new biometric surveillance program that works with 35 airports and coordinates with TSA. CLEAR involves travelers standing in photo kiosks that...

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Pushing the False Narrative of U.S. Isolationism

2023-11-14

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2023-11-14

Americans have been fed the myth that US foreign policy from 1919 to 1941 was isolationist. In reality, US policies destabilized already volatile international relations. Original Article: Pushing the False Narrative of U.S. Isolationism

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How Austrian Economics Impacted My Life

2023-11-14

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2023-11-14

Professor Joseph T. Salerno tells his personal story of how he discovered Austrian economics and how he has become one of the its leading proponents. The lecture is part of the Future of Freedom Foundation’s Fall 2023 online conference “How Austrian Economics Impacted My Life,” and includes an introduction and remarks by Jacob Hornberger, and a question-and-answer period. To learn more about the Future of Freedom Foundation, visit fff.org....

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Is ExxonMobil’s Acquisition of Pioneer Natural Resources a “Threat to Democracy”?

2023-11-14

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2023-11-14

We hear plenty about threats to American democracy: Donald Trump’s a threat, the Republican party is a threat, and any number of other people or political parties are threats. Now it’s ExxonMobil’s purchase of Pioneer Natural Resources. Jeff D. Colgan, a professor of political science and the director of the Climate Solutions Lab at Brown University, wrote in an easily missed piece entitled “Exxon Mobil’s Pioneer Acquisition Is a Direct Threat to...

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Mises on the History of Warfare

2023-11-14

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2023-11-14

As war rages in the Middle East, we are reminded of what Mises wrote in 1949 on warfare and its awful effects. Original Article: Mises on the History of Warfare

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The Inevitable Bust: Why Economic Booms Contain the Seeds of Their Own Destruction

2023-11-14

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2023-11-14

The recurring cycle of economic booms followed by inevitable busts has remained a puzzle for generations of observers. While mainstream Keynesian and monetarist theories propose monetary interventions to smooth these fluctuations, the Austrian School offers a compelling and alternative perspective. Austrian business cycle theory provides a profound understanding of how artificially inflated booms sow the seeds of their own destruction. Delving into...

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Battling Beasts and Bureaucrats: Naomi Wolf and the American Medical-Government Police State

2023-11-13

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2023-11-13

Naomi Wolf has taken on the American medical bureaucracy for its lies and malpractice in dealing with covid. Original Article: Battling Beasts and Bureaucrats: Naomi Wolf and the American Medical-Government Police State

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Is This America? Cops, Criminals and the Bombing of Philadelphia

2023-11-13

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2023-11-13

This article was originally published in Libertarian Outlook (vol. 1, no 1, August 1985). This was the only issue of the magazine that was ever published. Permission was granted by Eric Garris, one of the original coeditors, to reprint this article on mises.org. Libertarians have devoted so much time and energy to the important cause of repealing laws against victimless “crimes” that we have tended to neglect an equally important social problem:...

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Ten Years Ago, I Discovered the Mises Institute. These Are the Things I Wish I Had Done Differently

2023-11-13

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2023-11-13

Quit College—or Better Yet, Don’t Even Start When I was in university a decade ago, this was some wacky, contrarian advice. It wasn’t unheard of for intellectual, middle-class youngsters to opt out of college, and it was still the early days of efforts like Praxis, but realistically there didn’t seem to be any alternatives. So, I went to university because that’s where you learn things and become a grown-up . . . or something. These days, half of...

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Federal Flood Insurance Drains Taxpayers

2023-11-13

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2023-11-13

Federal flood insurance was created ostensibly to provide insurance to people who live in flood-prone areas. Not surprisingly, it subsidizes bad home-building decisions and wastes billions of dollars. Original Article: Federal Flood Insurance Drains Taxpayers

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