Category Archive: 6b.) Mises.org

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Government Prohibitions on Raw Milk Are Ignorant and Dangerous

2024-01-09

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2024-01-09

Since government regulates nearly everything, it is not surprising that regulations often prohibit the sale and consumption of raw milk. Like many other regulations, these prohibitions reflect political favoritism, not health science. Original Article: Government Prohibitions on Raw Milk Are Ignorant and Dangerous

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America’s Fiat Money Gestapo: The Untold History of the Secret Service

2024-01-09

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2024-01-09

There is an untold story in American monetary history. Some are reluctant even to discuss it. I’m referring to the US Secret Service’s very own role in the destruction of sound money in America. As constitutional, sound money in the form of physical gold and silver coins—whether minted privately or not—became an annoying impediment to expanding the size and power of the federal government, central planners began circulating unbacked paper proxies...

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Negative Leverage: The Fed’s Latest “Gift” to Apartment Investors

2024-01-09

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2024-01-09

The Federal Reserve’s inflation of the money supply and interest rate manipulation distort capital markets through, among other things, the creation of asset bubbles. As the cost of borrowing decreases and cheap money floods an economy, speculation in capital markets increases, leading to prices unmoored from fundamentals. Underlying these asset bubbles is a certain investor psychology—one based on expectations, encouraged by Fed actions over the...

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Wonka: A Tale of Evil Businessmen and Cronyism

2024-01-09

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2024-01-09

Wonka (2023) is a prequel film to the beloved story Charlie and the Chocolate Factory by Roald Dahl. Wonka tells the story of a young Willy Wonka, an up-and-coming chocolate salesman and magician, who challenges a chocolate cartel’s dominance. As one could imagine, the film is full of scenes that cast private enterprise in a negative light. The main villains are stereotypical movie businessmen who will do anything, even murder, to achieve their...

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Headline Math, Women’s Wages, and a Very Bad Deal in Higher Education

2024-01-08

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2024-01-08

Headline math is a simple percentage expressed as a fact without context. Its design is to create an emotional response, support an opinion, or generate a click past the paywall. Once articulated, it exists in speech as a noun. W. Brian Arthur’s paper “Economics in Nouns and Verbs” explains the use of nouns to express a conclusion as fact, excluding further discussion. Student loan statistics for women are presented as facts, needing no further...

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It Began with Carl Menger: The Austrian Intellectual Triumph

2024-01-08

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2024-01-08

Near the end of the nineteenth century, the European intellectual scene witnessed a remarkable theoretical contest known as the “battle of methods,” or in German, Methodenstreit. This intellectual clash stood out due to the confrontation between the precepts of methodological and subjective individualization, equipped with a subjectivist and individualizing worldview of the method. It was represented by figures such as Carl Menger (considered the...

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Do Destroyed Monuments Represent a Past Not Worth Defending?

2024-01-06

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2024-01-06

Many cities and states in this country have been tearing down or destroying monuments because they represent part of a past that progressives and leftists believe should not have existed. Yet each time we tear down something, we potentially lose part of an important heritage. Original Article: Do Destroyed Monuments Represent a Past Not Worth Defending?

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Biden’s “AI Bill of Rights” May Just Be Another Censorship Plan

2024-01-06

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2024-01-06

President Joe Biden is promoting his “AI Bill of Rights,” which looks to be an attempt to censor political opposition. Naturally, political and media elites are enthusiastically endorsing it. Original Article: Biden's ""AI Bill of Rights"" May Just Be Another Censorship Plan

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DC’s Debt Trap

2024-01-06

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2024-01-06

Federal debt is soaring out of control, and perhaps it is not surprising that the CBO has not updated its forecasts with this debt uncertainty. Original Article: DC's Debt Trap

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Markets versus State Healthcare Systems: Some Points of Contention

2024-01-06

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2024-01-06

Progressives claim that state-sponsored healthcare systems are superior to market-based systems. Their arguments don’t add up. Original Article: Markets versus State Healthcare Systems: Some Points of Contention

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Secession

2024-01-06

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2024-01-06

This week's episode begins 2024 by looking at the growing political divide among the American people—and how to solve it. Be sure to follow Minor Issues at Mises.org/MinorIssues. Get your free copy of Murray Rothbard's Anatomy of the State at Mises.org/IssuesFree.

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Claudine Gay, DEI, and the War in the Middle East

2024-01-06

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2024-01-06

A little over six months ago, Claudine Gay was appointed president of Harvard University, the first black president of that now embattled institution. She recently resigned her post, only to retain a $900,000 salary as a professor. No doubt her appointment had more to do with the imperatives of an engulfing diversity, equity, and inclusion (DEI) agenda and less to do with the quality and volume of her scholarship, later found to be riddled with...

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What Is Happening to College Sports?

2024-01-06

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2024-01-06

On Monday night, January 8, the University of Michigan and the University of Washington football teams will vie for the collegiate national championship. While championships always bring excitement to fans and participants alike, this year’s game brings attention to major changes that have occurred in the National Collegiate Athletic Association Division I in the past few years involving both monetary payments and mobility for athletes. While there...

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The Bad News Hiding Behind the GDP and Jobs Numbers

2024-01-06

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2024-01-06

Economist Daniel Lacalle joins Ryan and Tho to talk about how central banks are engineering more zombie companies, higher inflation, and a "private sector recession," all hiding behind misleading and bullish aggregate data.  Claim your free book: Mises.org/RothPodFree Be sure to follow Radio Rothbard at Mises.org/RadioRothbard. Radio Rothbard mugs are now available at the Mises Store. Get yours at Mises.org/RothMug  PROMO CODE:...

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Murray Sabrin on Our Broken Medical System

2024-01-05

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2024-01-05

Murray Sabrin joins Bob to discuss his upcoming online course on the economics of the US healthcare system, including practical solutions. The course begins in mid-January 2024. Dr. Sabrin's New Online Course: Mises.org/HAP429a IPAK-EDU.org is offering the following discounts: 50% off until Jan 6th with code: COUNTMEIN  25% off after January 6th with code: JACKSAYS75 Murray Sabrin on Our Broken Medical System...

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Greenwashing: A Bridge between Austrians and Environmentalists?

2024-01-05

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2024-01-05

Greenwashing is a relatively new term to describe false and misleading claims that a product or business practice has environmental benefits. The point is that companies can advertise their efforts as “green” while continuing various profitable activities that environmentalists consider “harmful,” gaming the system and profiting off well-intentioned, sustainably minded consumers. The term was coined forty years ago by a student in response to a...

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FDR against the Bill of Rights

2024-01-05

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2024-01-05

In this week’s column, I’d like to raise two questions suggested by David Beito’s excellent book The New Deal’s War on the Bill of Rights, which I reviewed last week. First, how can it be that Franklin Roosevelt has acquired a reputation among leftist historians as a champion of liberty, with his internment of Japanese Americans during World War II regarded as an aberration, in the face of the manifold violations of civil liberties that occurred...

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Why Argentina Needs Free Cities

2024-01-05

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2024-01-05

As the libertarian anarchocapitalist Javier Milei ascends to the Argentinian presidency, the parting of the ominous clouds of socialism has brought about the rising sun of libertarianism on the South American continent. The Argentine legislative system, consisting of the Senate and the Chamber of Deputies, is designed to bolster democratic governance and accountability. However, its inherent structure often leads to impasses, particularly with...

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Why the Fed Sends Mixed Messages on Rate Cuts

2024-01-05

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2024-01-05

The Fed's Federal Open Market Committee released the minutes to its December meeting yesterday, and the minutes further strengthen the view held by many Wall Street investors and observers that the Fed plans to implement rate cuts by the middle of 2024. Specifically, the most recent Fed survey of market participants "suggested that the first reduction in the policy rate would occur in June."  This contrasts only slightly with the FOMC...

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Exposing the Price Level Myth

2024-01-04

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2024-01-04

Price inflation statistics were a hot topic in 2023. Official measures, like the Personal Consumption Expenditures Price Index (PCE) and the Consumer Price Index (CPI), rose to levels not seen in over four decades. These measures were under commentators’ microscopes as recently as last week. The FRED Blog (run by the St. Louis Fed) briefly discussed how these two measures are constructed and how they differ. Paul Krugman compared the change in the...

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