Category Archive: 6b.) Mises.org
The Mistaken Identity of Prediction Markets
Mainstream finance regularly confuses finance, insurance and betting. The Austrian School provides the tools to understand their differences.
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Doubts About Trump’s Iran Strategy Spread Among Troops
Troops are now saying "’ We do not want to die for Israel." Unfortunately, many American boys will likely be forced into battle to protect the US-Israel-Saudi-Epstein alliance.
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Rothbard on Interventionism: Writing the Last Chapter of Economic Theory
Professor Joseph Salerno traces how Rothbard's mastery of the praxeological method led him to the controversial but logically airtight conclusion that business cycles have a single, exogenous cause and a single cure.
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Americans now fighting for Saudi dictators in the Middle East
Dictator Mohammed bin Salman has convinced Trump to help the anti-Christian, absolutist Saudi dictatorship " remake the Middle East."
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Big Government vs. Small Business in America
America has a long history of vibrant small business. But small business went into decline in the twentieth century, and it wasn't just due to large scale industrialization. Government has played a big role.
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Scarcity and the Machine: Opportunity Cost in the Age of Artificial Intelligence
For more than two centuries, the doomsday crowd has claimed that capital development will create mass unemployment. And for two centuries, they have been wrong. The same goes for artificial intelligence.
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On the Shoulders of Shrinking Giants
Professor Lucas Engelhardt examines how mainstream economics has deliberately abandoned the history of economic thought, and why Austrian economists must keep teaching and re-teaching the great debates of the past.
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The Iran War Brings More Inflation and New Strength to the Yuan
Beyond the initial oil shock, the Iran war is also laying the foundation for ongoing monetary inflation and price inflation, with no real change to the US regime’s commitment to easy money.
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Our Train Trip to Political Hell
All aboard! Government policies are moving us down the tracks into proverbial political perdition. This is a ride many of us would rather not be taking.
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The Money Multiplier – Myth or Reality?
The so-called money multiplier that exists through fractional reserve banking is propped up by central banking and inflation. It is not a good thing for the economy.
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Sub-6% mortgages are gone as rates climb to 3-month high
Today, the mortgage interest rate on a 30-year fixed mortgage is 6.47%, remaining near a 3-month high as Iran-war uncertainty weighs on bonds.
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Will others follow? Slovenia limits fuel purchases as some pumps run dry
Fuelling at service stations has been restricted to 50 litres per day for private vehicles and 200 litres for companies and other priority users such as farmers.
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Treasury Dept: The US is insolvent
"The U.S. government is insolvent. That’s not hyperbole — it’s the conclusion drawn directly from the Treasury Department’s own consolidated financial statements."
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Who Owns the Bus?
Issues of homelessness and vagrancy in public spaces and on public transportation are made worse because government ownership of the property does not allow for exclusion. Instead, we get the “tragedy of the commons.”
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The Interesting Lies of Samuelson: How We Naively Believed the Case of Giffen Goods
If economics has its Unicorn, it would be the Giffen Good, the good that would seem to defy the Law of Demand. While economists have played around with Giffen Good scenarios, in reality, finding it is even more unlikely than sighting a unicorn.
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Visualizing The Boom-Bust Cycle with Roger Garrison
In memory of Roger Garrison, Bob walks through Garrison's famous capital-based macroeconomics diagrams, showing how they translate the Mises-Hayek theory of the boom-bust cycle into the language of modern macroeconomics.
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War, Gold, and the Fed’s Next Move
Two interviews, two timelines: before and after the Middle East war. Mark Thornton explains what the conflict means for oil, inflation, and why gold and silver still signal deeper trouble ahead.
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It’s Not Anarcho-Tyranny, It’s Interventionist Non-Intervention
Combining binary and triangular interventions, the state coercively taxes citizens to pay for its services, monopolizes certain services, and then is incentivized to engage in paid non-delivery.
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