Category Archive: 6b.) Mises.org

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The Cato Institute’s Belated, Squishy Stance on the Latest Middle East Crisis

2023-10-25

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2023-10-25

The alarming events taking place in the Middle East are growing worse and have more than a small potential to entangle the United States in another foreign war. Hamas’s well-coordinated, surprise attack on Israel from Gaza clearly blindsided Prime Minister Benjamin Netanyahu’s government. However, Israel is now responding with overwhelming force—as it has to previous, smaller-scale attacks over the decades. The bombing of civilian neighborhoods in...

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The Dollar See-Saws between Two Views on Fiscal Explosion

2023-10-25

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2023-10-25

Fiscal explosion is not in the economic dictionary. But in the foreign exchange markets and bond markets this intuitive concept has sometimes powered a narrative which drives long-term US interest rates and the dollar upward in tandem. The puzzle to explain at such times, whether the early 1980s, or autumn 2023, is why the dollar shrugs off the inflation danger of so much red ink in the government accounts. Let’s start with the proposal for a new...

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If the Fed Goes, The State Will Soon Follow

2023-10-25

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2023-10-25

A central bank is not a natural product of banking development. It is imposed from the outside or comes into being as a result of government favors. —Vera Smith, The Rationale of Central Banking and the Free Banking Alternative Anarchy, the absence of coercive government, must not be confused with chaos. —Robert P. Murphy, Chaos Theory The Federal Reserve is dying from monetary mischief. The Fed recently made a woke mandate that will only...

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Richard Cantillon at the Louvre

2023-10-25

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2023-10-25

Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023. Download the slides from this lecture at Mises.org/SS23_PPT_13

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Early Dollar Crises: Lessons for Today

2023-10-25

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2023-10-25

Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023. Download the slides from this lecture at Mises.org/SS23_PPT_12

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Early Dollar Crises: Lessons for Today

2023-10-25

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2023-10-25

Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023.

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The Life and Death of American Exceptionalism

2023-10-25

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2023-10-25

Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023. Sponsored by Jule and Lynne Herbert. The Life and Death of American Exceptionalism | Thomas DiLorenzo Video of The Life and Death of American Exceptionalism | Thomas DiLorenzo

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How to Reform the Fed

2023-10-25

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2023-10-25

Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023. Sponsored by Bob Tancula. [embedded content]

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Why This Time the Dollar Faltered Has Been Different from the Last Time

2023-10-25

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2023-10-25

Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023. Sponsored by Paul Dietrich. Download the slides from this lecture at Mises.org/SS23_PPT_17 Why This Time the Dollar Faltered Has Been Different from the Last Time | Jeffrey Herbener Video of Why This Time the Dollar Faltered Has Been Different from the Last Time | Jeffrey Herbener

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The Dollar Crisis of 1861–1865: Greenbacks, Gold, and Confederate Dollars

2023-10-25

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2023-10-25

Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023. Sponsored by Scott and Cathy Ullery. Download the slides from this lecture at Mises.org/SS23_PPT_15 The Dollar Crisis of 1861–1865: Greenbacks, Gold, and Confederate Dollars | Timothy Terrell Video of The Dollar Crisis of 1861–1865: Greenbacks, Gold, and Confederate Dollars | Timothy Terrell

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Wall Street and the Origins of Bretton Woods

2023-10-25

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2023-10-25

Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023. Sponsored by Brian and Shanna Tvenstrup. Download the slides from this lecture at Mises.org/SS23_PPT_14 Wall Street and the Origins of Bretton Woods | Patrick Newman Video of Wall Street and the Origins of Bretton Woods | Patrick Newman

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Abundance, Generosity, and the State: An Inquiry into Economic Principles

2023-10-25

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2023-10-25

Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023. Download the slides from this lecture at Mises.org/SS23_PPT_10

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No, We Cannot Afford to Fund Yet Another War

2023-10-25

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2023-10-25

US government officials from President Biden to Secretary Yellen think the US can fund endless wars, but the American people are suffering in reality. Original Article: No, We Cannot Afford to Fund Yet Another War

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Cut through the Media Noise, and Remember the Economic Priorities

2023-10-25

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2023-10-25

Trying to keep up with economic news is exhausting. Tune into the financial news channels or scroll through any number of economic blogs, and you’ll be hit with a fire hose of alarming headlines, scary-looking graphs, and a tone-deaf establishment emphatically declaring that the economy is better than ever. Debates rage on social media and in the halls of Congress over the most trivial policy details. All while the financial markets swing...

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Is There Inflation in Government-Financed Goods and Services?

2023-10-24

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2023-10-24

Governments are fond of accusing private firms of “greed” when prices increase during periods of inflation. However, they fail to tell the public that government services also face price increases. Original Article: Is There Inflation in Government-Financed Goods and Services?

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The Dangers of a “Cashless” Economy

2023-10-24

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2023-10-24

Before delving into the dangers of eliminating cash and mandating that all transactions be conducted by digital means, let us briefly discuss the legal aspects of money. In the United States, as in all economies that have legal tender laws, only cash is recognized as money. Some may think that the balance of their bank accounts is money too, but that is not quite the case. Your bank balance is one step removed from legal money. All banks must...

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Countering the Woke Offensive

2023-10-24

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2023-10-24

Did someone recently flip a switch? It seems as though Wokeism, the Great Reset, ESG, DEI, and an assortment of other radical left-wing positions, have just taken over. It is in the movies, media, sports, finance, retail businesses, and even in the beer industry. Yet, it is not a uniquely American phenomenon. Wokeism is a part of the international Zeitgeist. For example, this past June, I inadvertently experienced a huge “Pride” parade (reported as...

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Rothbard on a Priori History

2023-10-24

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2023-10-24

Rothbard warned against the assumption that because democracies are “better” than dictatorships, they are necessarily more peace loving. Original Article: Rothbard on a Priori History

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The Fate or Wealth of Nations: AI, Robotics and Automation

2023-10-24

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2023-10-24

What contributes to the wealth of a nation? Gross national income (GNI) and gross domestic product (GDP) are two well-known measures of a country’s economic growth. One measures the earnings of a country, and the other measures the value of the final goods produced by the country. What drives these measures in the twenty-first century? We are now witnessing a pivotal technological divide among countries in their ability to invest in and deploy...

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Foreword: Legal Foundations of a Free Society

2023-10-24

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2023-10-24

[This article is the foreword to Stephan Kinsella's, Legal Foundations of a Free Society (Houston, Texas: Papinian Press, 2023)] The question as to what is justice and what constitutes a just society is as old as philosophy itself. Indeed, it arises in everyday life even long before any systematic philosophizing is to begin. All throughout intellectual history, one prominent answer to this question has been to say that it is “might” that makes...

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