When economists try to analyze the economy, one procedure is to remove the “seasonal” component from the data in order to account for trends and fluctuations. That collides with the thinking behind praxeology in which human beings engage in purposeful behavior.
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Category Archive: 6b.) Mises.org
Recognizing the Roots of the Current US Political Turmoil
No one doubts that the US is a politically and culturally divided nation. Contrary to much of public opinion, politicians like Donald Trump did not cause the crisis. Instead, as Lawrence Mead writes, they are a symptom of the government's assault on our culture.
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Javier Milei’s party wins mid-term elections
Milei's party won pluralities nationwide: “we will have 101 deputies instead of 37,” said Milei. “...in the Senate, we will go from 6 senators to 20."
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No, Tariffs Did Not Cause September’s Budget Surplus
The Treasury's monthly report showed a very large surplus for September. This was due to a big drop in spending, and to rising income tax revenues. Tariffs were an insignificant factor.
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A Brief History of the Enduring American Embargo against Cuba
For more than 60 years, the US Government has enforced a trade embargo against Cuba, ostensibly to force the communist government into collapse. The only thing that has collapsed, however, is the logic in the US policy.
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How to Recognize Critical Race Theory
Despite the change in the White House, critical race theory is still with us, dominating the academic sectors and being ingrained in progressive culture. We need to better recognize what it is and how it works in order to better refute it.
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Supporters Summit 2025
The Mises Institute 2025 Supporters Summit in Delray Beach, Florida. This event explores the theme of economic freedom and makes the case for the system of private property.
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2025 Supporters Summit
The Mises Institute 2025 Supporters Summit in Delray Beach, Florida. This event explores the theme of economic freedom and makes the case for the system of private property.
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The Myth of the “Robber Barons”: James Hill versus the Crony Competitors
As a true market entrepreneur, as opposed to a political entrepreneur, James J. Hill successfully built a transcontinental railroad, outcompeting his government-subsidized competitors.
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“Experts” Don’t Know How Ignorant They Are
The central philosophy of progressivism is that we should be governed by so-called experts. What happens, however, when the “experts” are just plain wrong?
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U.S. Treasury Yields Signal Fed Rate-Cut Expectations
Markets price in a near 97% probability of a 25-bp rate cut in Oct and a 94% probability of another 25-basis-point rate cut in Dec.
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The Myth of the “Robber Barons”: James Hill versus the Crony Competitors
As a true market entrepreneur, as opposed to a political entrepreneur, James J. Hill successfully built a transcontinental railroad, outcompeting his government-subsidized competitors.
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Trump calls off trade talks with Canada over Ontario’s anti-tariff ad
Trump's rule-by-decree protectionism continues as he insists Americans must pay more taxes to get Canadian goods and raw materials.
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Neo-Luddite Hokum from Conservatives Strikes Again
AI doomerism and neo-Luddite sentiments have become increasingly prevalent in recent discourse.
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2 percent inflation? 2026 COLA benefit increases 2.8%
The Social Security cost-of-living adjustment will be 2.8% in 2026, the Social Security Administration said.
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Defending Dixie: A Defender of the South
Dr. David Gordon, in today’s Friday Philosophy, reviews Clyde N. Wilson’s, Defending Dixie: Essays in Southern History and Culture. In these essays, Professor Wilson defends secession and the Southern cause.
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Can Trump murder anyone so long as Trump calls him/her a “narco-terrorist”?
Napolitano: "The Trump administration has claimed that it can kill whomever it designates as an unlawful enemy combatant. The evidence is this: "trust me, bro."
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The Myth of Planned Obsolescence
The concept of “planned obsolescence” makes no economic sense and is often an excuse for governments to harass and shake down innovative entrepreneurs. Much of so-called planned obsolescence is really entrepreneurship at work improving products for users and consumers.
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On Swiss National Bank
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Heads up for NZD and CHF traders, RBNZ Gov Breman and SNB Chair Schlegel to speak
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Swiss franc appreciation has led to tighter monetary conditions – SNB minutes
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SNB Sight Deposits: decreased by 3.1 billion francs compared to the previous week
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SNB’s Chairman Schlegel: A few months of negative inflation wouldn’t be a problem
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2025-07-31 – Interim results of the Swiss National Bank as at 30 June 2025
Main SNB Background Info
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MISES Podcast: Rothbards „Doppelschlag-Strategie“. Mises-Preis für Javier Milei