Category Archive: 6b.) Mises.org

The Elusive Giffen Good, Once Again

Can silver be called a Giffen Good? Probably not, although that fact doesn’t discourage some from looking for the equivalent of a unicorn in economic thinking.

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Entrepreneurship as Agreement Under Uncertainty

Under Knightian uncertainty, how do entrepreneurs persuade others to join their projects?

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Price Inflation and the Price of Oil

Are rising oil prices responsible for inflation? While some economists and many in the media make that connection, the reality is much different. Inflation occurs because of expansion of the money supply.

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Trump begs for ceasefire. Iran rejects it.

The country that is losing generally does not reject ceasefire proposals. Meanwhile, Iran demands an end to the Israeli war on civilians in Lebanon, etc.

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Trump’s Iran War: Worse Than Expected, But Better Than Hoped?

"Americans now know that the US government lives for war, is owned by Israel, and is completely beholden to and integrated with the military industrial complex..."

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When Corporations Resist the State: Ethics, AI, and the Limits of Government Power

What happens when a corporation resists a government edict because company leaders believe the policy to be morally wrong? The ordeal of Anthropic is a current case in point.

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Thanks to Trump, rising fuel prices endanger Milei coalition

Rising prices, triggered by Trump's Iran War (which Milei supports) endanger the political future of Milei in Argentina, as it does with other rightwing regimes in South America.

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Ethics for Liberty Seminar

Join us for a special seminar on Murray Rothbard's The Ethics of Liberty.

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US Loses at Least Six Aircraft in Iran War Since Friday

" US officials said that the two C-130s and two Little Birds were destroyed at a makeshift airstrip after they got stuck in the sand..."

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Degrees of Seriousness on the National Debt

We hit an ignominious milestone recently when the national debt crossed $39 trillion.

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Mayor Mamdani Has Declared War on Gold

Being the good socialist he is, Mayor Zohran Mamdani of New York City recognizes that gold represents sound money and commerce. Naturally, he wants to tax it into oblivion.

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Gold, Fiat, and the Fed

On the Investment News Network with Charlotte McLeod, Dr. Jonathan Newman presents a primer on Austrian economics.

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When Corporations Resist the State: Ethics, AI, and the Limits of Government Power

What happens when a corporation resists a government edict because company leaders believe the policy to be morally wrong? The ordeal of Anthropic is a current case in point.

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The Myth that Won’t Die: “War is Good for the Economy”

One of the legacies of Keynesian thought is the belief that war is “good for the economy.” While war may help enable employment, nonetheless, its overall legacy is destructive, and even the jobs war “creates” are economically undesirable.

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The Myth that Won’t Die: “War is Good for the Economy”

One of the legacies of Keynesian thought is the belief that war is “good for the economy.” While war may help enable employment, nonetheless, its overall legacy is destructive, and even the jobs war “creates” are economically undesirable.

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Gold Whiplash and the Petrodollar

Gold and silver whip around with war and liquidity stress, while the Fed quietly rolls out “emergency” support. Mark Thornton explains what’s driving the moves.

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Barter, Media of Exchange, and Colonial America

Despite the claims of the chartalists, early American monetary history tells a much different story than one falsely claiming state-issued fiat money undergirded the colonial economy. In fact, much of the historical evidence illustrates Menger’s monetary theory.

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The Ideological Impregnation of Thought

However one may turn the matter, one cannot discover any reason why an ideological distortion of truth should be more useful to the bourgeoisie than a correct theory.

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Barter, Media of Exchange, and Colonial America

Despite the claims of the chartalists and modern monetary theory advocates, early American monetary history tells a much different story. In fact, much of the historical evidence illustrates Menger’s theory.

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Why the Post Office and Non-Profits Share a Socialist Calculation Problem

Government entities like the Postal Service operate in a world of market prices, so they are not fully socialist. However, they still are subject to the limitations of socialist calculation problems.

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