Category Archive: 6b.) Mises.org

The Menace of Political Show Trials

In recent days, we have had brought home to us what “show trials” are like. They are not confined to Soviet Russia and its satellite countries during the Cold War but are a very present reality to us in America today. Political opponents of Donald Trump charged him with felonies for acts that were entirely legal.

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Can the Fed Fund the CFPB?

Originally published by Law&Liberty. The Consumer Financial Protection Bureau (CFPB) has been a source of controversy since its creation. Critics of the agency have long argued that its independent status is unconstitutional. In a recent decision, however, the Supreme Court affirmed the constitutionality of the CFPB’s funding scheme, even though it circumvents the normal Congressional appropriation process by “allowing the Bureau to draw money...

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Creative Destruction in American Higher Education: Schumpeter in Action

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...

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The Consequences of California’s New Minimum Wage Law

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...

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What Israel Is Doing to Gaza Is a Choice

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...

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Understanding Reason Is Paramount to Understanding Liberty

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...

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Why Politicians Cannot Be Trusted with Just War Theory

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...

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The Intellectual Poverty of Racial Polylogism

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...

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Homeschoolers Don’t Need Government Regulation

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...

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The Minimum Wage

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...

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The Minimum Wage

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...

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The Biden Administration Uses Fudged Numbers to Justify Imposing Punitive Regulations

Americans’ daily lives are governed by both laws and regulations, the former enacted by Congress and the latter issued by the numerous regulatory agencies in the federal government’s executive branch. These agencies are collectively known as the administration state, the deep state, or pejoratively, “the swamp.”Few Americans realize the extent of federal regulations and the costs they impose on everyone. The United States Constitution makes no...

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Why America is Ready to Elect a Felon President

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...

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The Problem with Federal Courts and “Sovereignty”

From Section XXIII of “A Letter to Grover Cleveland” (1886).If anything could add to the disgust and detestation which the monstrous falsifications of the constitution, already described, should excite towards the court that resorts to them, it would be the fact that the court, not content with falsifying to the utmost the constitution itself, goes outside of the constitution, to the tyrannical practices of what it calls the “sovereign” governments...

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It’s the Fed That’s a Risk to Financial Stability

Published in The New York Sun:Central bankers whistle ‘Dixie’ as mark-to-market losses dramatically shrink the banking system’s economic capital.Whistling a happy tune, the Federal Reserve vice chairman for supervision, Michael Barr, recently testified to Congress that “overall, the banking system remains sound and resilient.” A more candid view of the risks would be less sanguine.Mr. Barr reported that banking “capital ratios increased throughout...

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Do You Know Who’s Hitting You?

Which of the following statements is politically correct?None of them, of course. Each is linked to an article written by Future of Freedom Foundation founder Jacob Hornberger over the past few years. Hornberger, refreshingly, has never been delicate in his treatment of political issues. He fires his thoughts straight at us, without detour or apology. Normally.For example, we’re encouraged to thank the troops for their service. But what does that...

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Dead Banks Walking, Part 1

More than half a trillion dollars in losses. A trillion is a thousand billion. The latest from the nation’s deposit insurer, the FDIC, is “Unrealized losses on available-for-sale and held-to-maturity securities increased by $39 billion to $517 billion in the first quarter.”The Federal Reserve’s higher for longer policy is making bank balance sheets weaker and weaker. Bond values decrease when interest rates increase. Thus, “Higher unrealized losses...

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Justin Raimondo Explains How Conservatives Flipped on Palestine During the Cold War

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...

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From Profits to Pandering: How Government Turned Universities and Businesses into DEI Bureaucracies

The Board of Trustees at the University of North Carolina at Chapel Hill, on May 13, announced that they would be diverting the $2.3 million that the university spends on diversity, equity, and inclusion (DEI) policies toward campus safety amidst protests over the Israeli-Palestinian conflict. UNC-Chapel Hill joins a list of universities like the University of Florida and the University of Texas that have eliminated their DEI programs in part due...

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The Fed Has No Earnings to Send to the CFPB

This article was originally published by the Federalist Society. The relevant text of the Dodd-Frank Act is clear: “Each year (or quarter of such year) . . . the Board of Governors shall transfer to the [Consumer Financial Protection] Bureau from the combined earnings of the Federal Reserve System, the amount determined by the Director to be reasonably necessary . . . ” (emphasis added).“Earnings” means net profit:“EARNINGS: Profits; net income.”...

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