Category Archive: 6b.) Mises.org

Filter archive by: Show All Show only Articles Show only Videos

The Siren Song of Equality

2024-04-10

by

2024-04-10

The “racial equality” debates are characterized by evolving concepts and terminology in a constant search for better ways to express the ideals and values of the protagonists. The mantras of “diversity, equity, and inclusion” (DEI) are now under increasing attack as several states move to ban DEI programs. In search of an alternative conceptual foundation for their equality schemes, many liberals (both progressive and conservative) who wish to...

Read More »

Finklestein’s Folly: How Not to Discredit One’s Opponents

2024-04-10

by

2024-04-10

The ongoing Israeli-Palestine conflict continues to captivate podcasters and listeners. So, Lex Friedman tapped into this interest by assembling a panel of experts to debate the issue. However, his decision to invite online personality Destiny as a commentator to defend Israel elicited criticisms, as Destiny is a college dropout who was parachuted to fame as a videogame streamer before becoming a political commentator.Since then, he has established...

Read More »

“Desire Paths” and the Problem with Central Planning

2024-04-10

by

2024-04-10

I recently attended the Austrian Economics Research Conference, which is held annually at the Mises Institute on the campus of Auburn University. After an inspiring day of presentations, I began my trek back to the Auburn University Hotel. As I made my way down the sidewalk, I found myself walking along a well-trodden dirt path. Soon enough I was back on the sidewalk, and I turned around, quickly realizing I had taken the “wrong” path. The correct...

Read More »

McConnell Cannot Stop the Non-Interventionist Tide

2024-04-10

by

2024-04-10

Even Republican stalwarts like current Senate Minority Leader Mitch McConnell are starting to notice that something is shifting in the party. While McConnell announced recently that he would step down as Republican leader in the US Senate, in an interview last week he was adamant that he would continue to serve out his term in the Senate with one purpose in mind: “fighting back against the isolationist movement in my own party.”He sounds...

Read More »

Invasion Alert

2024-04-10

by

2024-04-10

Many Americans care about the dangers of mass immigration. Are they right to be concerned? In what follows, I’ll try to show that they are right. Immigration of elements hostile to American values does indeed pose a grave threat. But, if we are libertarians, don’t we have to defend “open borders”? I will argue that we don’t.One of the most obvious reasons mass immigration is a problem is its immense cost—hundreds of billions of dollars. A post from...

Read More »

Biden’s Inflation Narrative Dies as Price Growth Rises to a Seven-Month High

2024-04-10

by

2024-04-10

According to the Bureau of Labor Statistics' latest price inflation data, CPI inflation in March rose to a seven-month high, and price inflation hasn't proven nearly as transitory as the regime's economists have long predicted. According to the BLS, Consumer Price Index (CPI) inflation rose 3.5 percent year over year during March, without seasonal adjustment. That’s the thirty-seventh month in a row of inflation well above the Fed’s arbitrary 2...

Read More »

Let’s Be Honest: The Economy Is NOT Doing Well

2024-04-10

by

2024-04-10

The American economy is not all right. But to see why, you need to look beyond the dramatic numbers we keep seeing in the headlines and establishment talking points.Take, for instance, the latest jobs report. For the third month in a row, the American economy added significantly more jobs than most economists had been expecting—a total of 303,000 for March. On its face, that’s a good number.But as Ryan McMaken laid out over the weekend, things...

Read More »

Watch Our New Fed Documentary Teaser Now!

2024-04-09

by

2024-04-09

Dr. Paul is right! People need to look at the money issue. Wars, spending, debt accumulation, subsidies, and foreign aid are intimately linked to the money machine known as the Federal Reserve.Central banks have two main purposes: inflate the money supply and bail out the big financial firms. By inflating the money supply, governments can finance their operations cheaply and surreptitiously at our expense. If we wish to expose the state and all its...

Read More »

Hair of the Dog — Progressives in Congress Need Another Hit of Low Interest Rates

2024-04-09

by

2024-04-09

Bernie Sanders, Elizabeth Warren, and the Congressional Progressive Caucus recently sent an open letter to the chairman of the Federal Reserve, Jerome Powell, demanding lower interest rates.The letter is full of the economic illiteracy one would expect from progressives, especially those in Congress. For example, it misreads price inflation data and argues that the failure to lower interest rates endangers home affordability and increases income...

Read More »

Failing to Make the Case for Race-Based Reparations

2024-04-09

by

2024-04-09

Tu ne cede malis, sed contra audentior ito Website powered by Mises Institute donors Mises Institute is a tax-exempt 501(c)(3) nonprofit organization. Contributions are tax-deductible to the full extent the law allows. Tax ID# 52-1263436

Read More »

CNN Is Wrong. Deflation Is a Good Thing

2024-04-09

by

2024-04-09

Tu ne cede malis, sed contra audentior ito Website powered by Mises Institute donors Mises Institute is a tax-exempt 501(c)(3) nonprofit organization. Contributions are tax-deductible to the full extent the law allows. Tax ID# 52-1263436

Read More »

California’s Latest Hustle: Utility Bills Based on Ratepayers’ Income

2024-04-09

by

2024-04-09

Tu ne cede malis, sed contra audentior ito Website powered by Mises Institute donors Mises Institute is a tax-exempt 501(c)(3) nonprofit organization. Contributions are tax-deductible to the full extent the law allows. Tax ID# 52-1263436

Read More »

Police Dogs Have Abolished Constitutional Due Process

2024-04-09

by

2024-04-09

Tu ne cede malis, sed contra audentior ito Website powered by Mises Institute donors Mises Institute is a tax-exempt 501(c)(3) nonprofit organization. Contributions are tax-deductible to the full extent the law allows. Tax ID# 52-1263436

Read More »

How State Intervention Fueled Haiti’s Descent into Chaos

2024-04-09

by

2024-04-09

[unable to retrieve full-text content]As the official government in Haiti loses control, many are calling it a failed state. Crises like this are often evoked to discredit libertarians. But blame for Haiti’s current plight lies with the actions of states, not the absence of them.

Read More »

Two Cheers for Vivek Ramaswamy for His Commentary on the Fed

2024-04-09

by

2024-04-09

Tu ne cede malis, sed contra audentior ito Website powered by Mises Institute donors Mises Institute is a tax-exempt 501(c)(3) nonprofit organization. Contributions are tax-deductible to the full extent the law allows. Tax ID# 52-1263436

Read More »

Who Really Works Against the Public?

2024-04-09

by

2024-04-09

“The public be damned” is a statement by railroad magnate William Henry Vanderbilt that has been twisted out of context. While the American ruling classes insist that private enterprise is the enemy of the people, it really is our government that bears that distinction.

Read More »

Personal Medical Bankruptcy: Made in DC

2024-04-09

by

2024-04-09

[unable to retrieve full-text content]When the government wants to make something more affordable, that usually means new subsidies, laws, and regulations that drive up the real price. Higher medical prices will mean more medical bankruptcies.

Read More »

Carl Menger’s Overlooked Vital Evolutionary Insights

2024-04-09

by

2024-04-09

Carl Menger is widely recognized as one of the economists leading the so-called marginalist revolution along with William Stanley Jevons and Léon Walras. There are two other contributions by Menger that are relatively underappreciated and are vital for making sense of the socioeconomic order, including why mankind remains so lost in economic ignorance and tribalistic warmongering.They are, first, his insights into the proper method or way to study...

Read More »

Is Gold Overpriced or Can Its Price Go Even Higher?

2024-04-09

by

2024-04-09

This question has been at the center of a great many conversations I’ve been recently having with clients and friends. The way I like to answer it is with another question: Expensive compared to what?Despite its recent surge to record highs, there are compelling reasons why purchasing gold right now is a prudent decision, with strong indications that its value is poised to climb even higher. Making investment decisions solely based on the current...

Read More »

Banking’s Unique Business Model, And Why Capital is not a “Rainy Day Fund”

2024-04-08

by

2024-04-08

Banks are highly regulated businesses, as expected of entities to which we entrust our money, and from which we may expect to borrow someday to buy a home or start a business. Bankers interact with regulators daily. Investors wishing to establish a bank must first obtain capital pledges from future shareowners and apply for a bank charter from either federal or state government regulators. Once in business, a bank is overseen by one or more of the...

Read More »