Innovations aren‘t very useful unless they serve consumers in the marketplace. Otherwise, we‘re pursuing innovation for its own sake, and that isn‘t progress.
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Category Archive: 6b.) Mises.org
The Putrid Underbelly of Woke Capitalism
American corporations are lavishing billions of dollars on leftist groups in the name of “equity.” But many of them are also donating to even more questionable people and causes.
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The Guillotine and the Lyre: What Andrea Chénier Reveals about the French Revolution
The poet, the opera, and the Terror: when art dares to confront the violence of power. How one artist portrays the French Revolution and the political terror it unleashed is a grim reminder of what today's Bastille Day celebrations ignore.
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My 46 Years of Contempt of Congress
Although most political attention is focused on the US presidency, James Bovard pleads guilty to contempt of Congress. This is the Congress that is spending and borrowing the country into financial oblivion, but never taking the blame for the results.
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Trump Is Wrong about Interest Rates
Let's look at some of the reasons why President Trump and his supporters are so obsessed with demanding that the Federal Reserve force down interest rates even further.
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Nearly one-third of major U.S. housing markets now see falling home prices
Inventory has been rising steadily over the past year, up 29% in June. Prices are still seeing big gains in the Northeast and Midwest.
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Another surge in long bond yields in Japan amidst worries over govt debt
"the 30-year yield neared the record high seen in May and the 20-year yield touched the highest since 2000."
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Do Financial Markets Operate Upon Superior Knowledge?
The Efficient Market Hypothesis claims that financial markets process information immediately and correctly. However, since the EMH is based upon unrealistic assumptions, we also have to question the efficacy of this hypothesis, especially when central banks intervene in the markets.
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Do Financial Markets Operate Upon Superior Knowledge?
The Efficient Market Hypothesis claims that financial markets process information immediately and correctly. However, since the EMH is based upon unrealistic assumptions, we also have to question the efficacy of this hypothesis, especially when central banks intervene in the markets.
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3 Central-Banking Myths that Fed Critics Believe
There are many reasons for disliking the Federal Reserve. However, many critics of the Fed attack the Fed for the wrong reasons.
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A Comprehensive Case for Ending the Fed
Bob dismantles the arguments supporting the Federal Reserve and presents a clear strategy for its abolition and replacement.
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Social Engineering under the Fourteenth Amendment
Murray Rothbard called egalitarianism a "revolt against nature," and he believed that the egalitarianism inherent in the Fourteenth Amendment was socially harmful. Social engineering never turns out well, but that doesn't discourage progressives from engaging in it.
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Texas Flood Debacle a Predictable Result of 98 Years of Government Flood “Control”
Lives will continue to be lost in Kerr County, Texas if Texas’s political leadership and citizens believe river alarms will assure safety from flood waters that can rise dozens of feet in minutes in the middle of the night.
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Debunking the Myth of “Market Fundamentalism”
Critics of free markets such as Oren Cass claim that Austrians and other supporters of the free economy are engaged in “market fundamentalism.” However, support for free markets is not an act of blind faith but is based upon understanding of how markets actually work.
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Social Engineering under the Fourteenth Amendment
Murray Rothbard called egalitarianism a “revolt against nature,” and he believed that the egalitarianism inherent in the Fourteenth Amendment was socially harmful. Social engineering never turns out well, but that doesn‘t discourage progressives from engaging in it.
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Debunking the Myth of “Market Fundamentalism”
Critics of free markets such as Oren Cass claim that Austrians and other supporters of the free economy are engaged in “market fundamentalism.” However, support for free markets is not an act of blind faith but is based upon understanding of how markets actually work.
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Who Invented Money?
The origination of money is a ground shaking, mind altering realization of how the world works.
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Revolutionary Inflation: A Threat to the Cause of Independence
War, even the American Revolution, is the health of the state because it is almost impossible to avoid fighting a war on state-centric terms.
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More War and No Epstein Files: MAGA’s Rough Few Weeks
The P&M group discusses Trump’s reversals, capitulations, and outright failures to fulfill popular campaign promises, and what Trump supporters should take away from all this.
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The Forces of Centralization and the Struggle for Freedom
Throughout history, decentralization and secession have helped pave the way for more individual freedom. Naturally, political elites want to centralize everything, thus setting off the eternal battle between centralizers and decentralizers.
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On Swiss National Bank
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SNB Sight Deposits: increased by 5.2 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
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SNB Brings Back Zero Percent Interest Rates
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Hold-up sur l’eau potable (2/2) : la supercherie de « l’hydrogène vert ». Par Vincent Held
Main SNB Background Info
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