Category Archive: 6b.) Mises.org

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Commodity Prices Debunk the “Blame Ukraine” Excuse for Inflation

2023-06-10

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2023-06-10

Most politicians have used the “Ukraine invasion card” to justify the massive inflationary burst in 2021-2023. It does not matter if inflation was already elevated prior to the war. Supply chain disruptions, demand recovery, wage growth… Many excuses were used to justify inflation, except the only one that can make aggregate prices rise in unison, which is the creation of more units of currency well above demand. Inflationists will blame inflation...

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Secession Means More Choices, More Freedom, Less Monopoly Power

2023-06-09

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2023-06-09

[This article is Chapter 1 of Breaking Away: The Case for Secession, Radical Decentralization, and Smaller Polities. Now available at Amazon and in the Mises Store.] Because of their physical size, large states are able to exercise more state-like power than geographically smaller states—and thus exercise a greater deal of control over residents. This is in part because larger states benefit from higher barriers to emigration than smaller states....

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Can We Protect Ourselves from Inflation?

2023-06-09

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2023-06-09

Despite all of the inflation-fighting talk from the Fed, the truth is that the government benefits from inflating the currency. We need to know how to defend ourselves. Original Article: "Can We Protect Ourselves from Inflation?"

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You Can’t Depend on the State to Maintain Public Order

2023-06-09

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2023-06-09

Although commonly used, Max Weber’s definition of the state—an entity that has a monopoly on the legitimate use of force within a given geographical area—can mislead people into thinking that the state is the only or even the primary reason for security and order. This is illustrated in the trends in the nonstate provision of security, as revealed by my Google alert for the phrase “private police.” Lately, incidents of car and bike theft have led...

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Rothbard on Utilitarianism

2023-06-09

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2023-06-09

No matter how many times you have read a book by Ludwig von Mises or Murray Rothbard, you will find new insights if you read the book again. I found this to be true when preparing for Rothbard Graduate Seminar (RGS) this year. One of our readings was Rothbard’s For a New Liberty, and this year some of Rothbard’s arguments that I hadn’t concentrated on before attracted my attention. Usually, if you are looking for Rothbard’s views on ethics, Ethics...

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Do Sticky Prices Make the Market Get Stuck?

2023-06-09

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2023-06-09

Jonathan Newman joins The Human Action Podcast to discuss his recent Twitter controversy over the claim that market prices can be "wrong" (i.e. in disequilibrium) if they are "sticky." Jonathan Newman's Twitter controversy on sticky prices: Mises.org/HAP399a Joe Salerno on Mises's Monetary Theory: Mises.org/HAP399b Bagus and Howden on market disequilibrium and sticky prices: Mises.org/HAP399c [embedded content]

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Myth #1: Deficits Are the Cause of Inflation; Deficits Have Nothing to Do With Inflation

2023-06-09

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2023-06-09

Recorded by the Mises Institute in the mid-1980s, The Mises Report provided radio commentary from leading non-interventionists, economists, and political scientists. In this program, we present another part of "Ten Great Economic Myths". This material was prepared by Murray N. Rothbard. In recent decades we always have had federal deficits. The invariable response of the party out of power, whichever it may be, is to denounce...

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Radio Promo

2023-06-09

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2023-06-09

Recorded by the Mises Institute in the mid-1980s, The Mises Report provided radio commentary from leading non-interventionists, economists, and political scientists. For more episodes, visit Mises.org/MisesReport.

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The Boston Brahmins, WASPs, and Nazis: The Pursuit of Eugenics

2023-06-09

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2023-06-09

Modern progressives don't like to refer to their long-held support of eugenics. In fact, American progressives influenced the Nazis, who launched their own murderous eugenics schemes. Original Article: "The Boston Brahmins, WASPs, and Nazis: The Pursuit of Eugenics"

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It’s Raining Entrepreneurship at a Taylor Swift Concert

2023-06-09

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2023-06-09

The flowers of entrepreneurship bloom in the strangest places. Kirznerian entrepreneurs attending the rain-soaked Taylor Swift concert at Gillette Stadium in Foxborough, Massachusetts, determined there would be a market for the rain which had fallen near the pop diva. The New York Post reported, “Some entrepreneurial fans are capitalizing on and trying to flog [rain] online for $250.” This $250 price is the ten dollar bill analogy Israel Kirzner...

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There Is No Moral Right to Strike

2023-06-08

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2023-06-08

American law protects what is called the "right to strike." However, Leonard Read found no moral code that permits such action. Original Article: "There Is No Moral Right to Strike"

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Lies, Damned Lies, and Government Statistics

2023-06-08

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2023-06-08

On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop discuss the role statistics play in promoting the regime. Topics include some interesting differences in recently reported unemployment data, changes to inflation reporting over time, government withholding of various reports — including crime and money supply measures — as well as alternative measures Austrians use to better cut through state propaganda. [embedded content] New...

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The Feds Escalate the War on Crypto

2023-06-08

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2023-06-08

On this episode of Good Money with Tho Bishop, Jeffrey Kauffman joins the show to discuss recent attacks from the SEC on major crypto exchanges. Kauffman, CEO of LBRY and content platform Odysee, shares his own company's battle with the SEC, the impossible burdens regulators have placed on legal compliance, and why DC's Operation Chokepoint 2.0 could be a positive for the industry in the long run. Good Money listeners can order a special $5 book...

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A Great Man Cannot Salvage a Bad Idea

2023-06-08

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2023-06-08

When E.F. Hutton talks, people listen. —1970s TV commercial Imagine if your surname was synonymous with genius. And not just genius, but creative genius. Is there anything you could write or say that could be seriously challenged? Among your colleagues, certainly. Science is never closed, always debated, always contingent on certain postulates. But the lay public is apt to regard you as infallible. Such has been the fate of Albert Einstein who...

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The Woke Cartel and Twitter’s New CEO

2023-06-08

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2023-06-08

With the appointment of Linda Yaccarino as Twitter's new CEO, Elon Musk is trying to appease woke advertisers to bring up his company's revenues. This will not end well. Original Article: "The Woke Cartel and Twitter's New CEO"

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To Avarice No Sanction

2023-06-08

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2023-06-08

“No point in the field of political economy merits more thought and analysis than where to draw the line distinguishing the functions proper to government from the role assumed by all-out government—socialism. A good society is but a dream unless this issue be reasonably resolved.” This is how Leonard Read opened chapter 9, “To Avarice No Sanction,” in his 1972 book, To Free or Freeze: That Is the Question. While he addressed that question from...

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The Drug War: An Irrational Crusade

2023-06-07

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2023-06-07

The drug war of the last half century has incarcerated millions and created havoc. What it hasn't done is eliminate people using drugs without government permission. Original Article: "The Drug War: An Irrational Crusade"

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Technology Is Meaningless without Entrepreneurship

2023-06-07

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2023-06-07

Technocrats frequently pressure the US government to increase R and D as a strategy to upstage China. The assumption is that public R and D will lead to innovation and economic growth because research generates the science that spurs innovation. Yet the formula is mistaken, for history has shown that science often lags technology. Innovations prior to the advent of modern science in Europe occurred without crucial advancements in scientific...

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Committing Domestic Violence against Men . . . Just for a Giggle

2023-06-07

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2023-06-07

Domestic violence is a stain on society, but it is worse if we only care about violence committed against people of one sex. Original Article: "Committing Domestic Violence against Men . . . Just for a Giggle"

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The Saudi-China-Iran Partnership Creates a New Middle East

2023-06-07

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2023-06-07

Ryan and Zack look at how China, Iran, and Saudi Arabia are reshaping the Middle East into a region where the United States no longer dominates. This is a good thing for ordinary Americans. Additional Resources "Thanks to Sanctions, the US Is Losing Its Grip on the Middle East" by Ryan McMaken: Mises.org/WES_11_A "The Petrodollar-Saudi Axis Is Why Washington Hates Iran" by Gary Richied: Mises.org/WES_11_B "Peace is...

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