Category Archive: 6b.) Mises.org

On Centralization, Decentralization, and Self-Defense

[See this lecture as a video.] States, regardless of their constitution, are not economic enterprises. In contrast to the latter, states do not finance themselves by selling products and services to customers who voluntarily pay, but by compulsory levies: taxes collected through the threat and use of violence (and through the paper money they literally create out of thin air). Significantly, economists have therefore referred to governments—i.e.,...

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The American Front of the Hamas-Israeli War

On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop look at the consequences of the Hamas-Israeli War may have on Americans. Looking at lessons from the War on Terror and other military conflicts, Ryan and Tho consider the economic costs, threats to personal liberty, and dangers of escalation that could lead to direct US involvement. "Falling Military Recruitment Is Another Sign of Waning Faith in the Regime" by Ryan...

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Cotton Pickin’ Sanctions

On yet another crusade, US authorities have sanctioned Chinese cotton imports. The sanctions won't change Chinese policies but they will create hardships for many. Original Article: Cotton Pickin' Sanctions

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How Can Electricity Providers Promise 100 Percent Green Energy? Probably Not

We expect the lights to come on when we flip a switch, unconcerned with how the electricity is produced or how it reaches our homes. We are aware of telephone poles, wires overhead, and transmission towers, solar panels, and windmills across the countryside. But as long as we pay our electric bills, we trust electric utilities to provide our power somehow. Who produces the electricity we use? Where does it come from? How does it reach us when we...

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All Hail the Uniparty’s Demise and the Rise of RFK

Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023. Includes an introduction by Dr. Sandra Klein. Sponsored by William Haynes. All Hail the Uniparty’s Demise and the Rise of RFK | David Stockman Video of All Hail the Uniparty’s Demise and the Rise of RFK | David Stockman

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Living Libertarian: Brief Biographies

Why do people become libertarians? What attracts them to Austrian economics? Original Article: Living Libertarian: Brief Biographies

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Correlations and the Definition of the Money Supply

According to popular thinking, the definition of money is flexible. Sometimes the money supply could be M1 (currency and demand deposits); at other times it could be M2 (all of M1, plus savings deposits, time deposits, and money market funds) or some other M. According to popular thinking, what determines whether M1, M2, or some other M is considered the money supply is whether it is well correlated with key economic data such as the gross domestic...

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Managing the Influx

Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023. Sponsored by Bob Tancula. Includes awarding of the George F. Kother Free-Market Writing Award by Ben Koether.  Managing the Influx | Shawn Ritenour Video of Managing the Influx | Shawn Ritenour

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How the End of US Dollar Hegemony Affects the Business Landscape

Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023. Sponsored by Michael and Lisa Keller. Download the slides from this lecture at Mises.org/SS23_PPT_7 How the End of US Dollar Hegemony Affects the Business Landscape | Peter Klein Video of How the End of US Dollar Hegemony Affects the Business Landscape | Peter Klein

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Fractional Reserve Banking, Present Discounted Value, and the Austrian Business Cycle Theory

Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023. Sponsored by Thomas and Lisa Dierl. Fractional Reserve Banking, Present Discounted Value, and ABCT | Walter Block Video of Fractional Reserve Banking, Present Discounted Value, and ABCT | Walter Block

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The Dollar Descent

Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023. Sponsored by Gregory and Jane Gandee. Download the slides from this lecture at Mises.org/SS23_PPT_6 The Dollar Descent | Mark Thornton Video of The Dollar Descent | Mark Thornton

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Central Bank Digital Currencies: The Last Battle in the War on Cash

Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023. Sponsored by Dan Johnson and Randee Laskewitz. Central Bank Digital Currencies: The Last Battle in the War on Cash | Jonathan Newman Video of Central Bank Digital Currencies: The Last Battle in the War on Cash | Jonathan Newman

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Government-Managed Digital Currency: A Further Threat to Our Freedom

Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023. Sponsored by Mark Strategos. Government-Managed Digital Currency: A Further Threat to Our Freedom | Paul Gottfried Video of Government-Managed Digital Currency: A Further Threat to Our Freedom | Paul Gottfried

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Assessing the BRICS Expansion: Debunking Expectations

Although there has been excitement and fanfare over the recent BRICS meetings and proclamations, it is doubtful that these economies’ performance can match their rhetoric. Original Article: Assessing the BRICS Expansion: Debunking Expectations

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The Parasitic Rich Men North of Richmond

Seemingly coming out of nowhere was the song “Rich Men North of Richmond,” by singer-songwriter Oliver Anthony. Overnight, the laments of one man from Appalachia over the state of the American economy and government spread like wildfire. In “Rich Men North of Richmond” Anthony decries the declining value of the US dollar, the lack of accountability for those on Jeffrey Epstein’s client list, and the use of taxpayer dollars to fund obesity through...

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Credit Tightens as the Money Supply Falls for Ten Months In a Row

Money supply growth fell again in August, remaining deep in negative territory after turning negative in November 2022 for the first time in twenty-eight years. August's drop continues a steep downward trend from the unprecedented highs experienced during much of the past two years. Since April 2021, money supply growth has slowed quickly, and since November, we've been seeing the money supply repeatedly contract year over year. The last time the...

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The Phony Debate on Fiat Money: Rules versus Discretion

Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023. Sponsored by Wilfried and Barbara Puscher The Phony Debate on Fiat Money: Rules versus Discretion | Joseph T. Salerno Video of The Phony Debate on Fiat Money: Rules versus Discretion | Joseph T. Salerno Download the slides from this lecture at Mises.org/SS23_PPT_2

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Real Economic Growth Depends on Savings

Keynesians claim that the source of economic growth is consumer spending. Austrians know that net savings are the key to a growing economy. Original Article: Real Economic Growth Depends on Savings

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Mises Circle in Tampa

Save the date!  Join the Mises Institute in Tampa, FL for our first event of 2024. We'll meet at The Centre Club, 123 S West Shore Blvd, 8th Floor on Saturday, February 17, 2024. Registration will include all lectures and a catered breakfast. Speaker, agenda, and registration details forthcoming. Special thanks to Liberty Villages and the Shrader family for sponsoring this event.

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Thinking Outside the State

It’s difficult to go very far these days without tripping over the state with its voluminous laws, regulations, departments, and agencies. The last few decades, and indeed the last few centuries, have seen the continual expansion of states into more and more aspects of our lives with both the left and right of politics having their own grand visions for its development. But is the state really the institution we ought to be banking on for our...

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