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Leo XIV elected Pope (fmr. Cardinal Robert Prevost)

Mises Institute ·

2025/05/08

Considered centrist (by modern standards), not outspoken on political issues. Born American, but has been a Peruvian bishop for the past 11 years and is deeply connected to Latin America.

Does Wealth Inequality Cause Degradation?

Mises Institute ·

2025/05/08

In the name of fighting income inequality, pundits in the UK and US are calling for wealth taxes as magic bullets that will restore an imaginary state of income equality that never existed in the first place. It is time to abandon this idea for good.

Restaurant Brands earnings miss as consumers spend...

Mises Institute ·

2025/05/08

The bottom 80% of America is in recession and is starting to cut back on extra spending such as fast food.

Autos Used vehicle pricing barometer jumps to highest...

Mises Institute ·

2025/05/08

To be sure there are probably two factors at work here. One is tariffs and the other is the fact that auto loan delinquencies are rising and people need cheaper cars.

California's Bullet-Train Delusion

Mises Institute ·

2025/05/08

California economist and resident/victim William Anderson joins us to talk about the absurdity of California's bullet train plan, and how it ignores economic realities.

Some Straight Talk to the Anti-Free Traders

Mises Institute ·

2025/05/08

Oh, I know, you aren’t really against free trade per se. You just demand a “level playing field.” Demanding a level playing field for international trade is a complete waste of time.

Real ID Is Not About Keeping You Safe

Mises Institute ·

2025/05/07

With the deadline for obtaining the federal government‘s Real ID technically upon us, it‘s important to understand that this is not an irritating but necessary program to keep Americans safe. It's the latest example of the government using 9/11 as an excuse to grab more power.

MMT Is Wrong about the History of the Origins of Money

Mises Institute ·

2025/05/07

Not only are Modern Monetary Theory (MMT) cultists dishonest about the role of money, they also are dishonest about money‘s history. By taking issue with Carl Menger‘s historical version, they expose their own ignorance of how money came about.

Real ID Is Not About Keeping You Safe

Mises Institute ·

2025/05/07

Real ID is the latest example of the government using 9/11 as an excuse to grab more power.

Fed keeps Fed Funds rate unchanged.

Mises Institute ·

2025/05/07

"the Committee decided to maintain the target range for the federal funds rate at 4-1/4 to 4-1/2 percent." Click here for post-FOMC press conference.

Inflation: Looking Beyond Aggregates

Mises Institute ·

2025/05/07

Mainstream economists define inflation as the increase in an imaginary “price level” that is relatively neutral in its effects. Austrian economists, however, know better, as they realize that the effects of inflating the money supply are anything but neutral.

Zero-Sum Thinking and the Roots of Political Divide

Mises Institute ·

2025/05/07

Free markets and free minds must push back against the mercantilist and populist policies associated with current Keynesians; we must draw upon the foundational ideas of economists such as Ludwig von Mises, Friedrich Hayek, Israel Kirzner, and Murray Rothbard.

Understanding The Importance of Justice

Mises Institute ·

2025/05/06

When people speak of “social justice,” they are not speaking of justice in any historical form but rather an imaginary state of affairs in which the state enforces a progressive view of equality. F.A. Hayek wrote that “social justice” is “wholly devoid of meaning or content.”

The Fallacy of Optimal Tariffs

Mises Institute ·

2025/05/06

Mainstream economists have been obsessed with finding “optimal” tax rates, and Nicholas Kaldor‘s 1940 formalization of the “optimal” tariff is no exception. Austrian economists, however, know that there is no such thing as an “optimal” tax, given the harm taxation causes.

Trump keeps claiming gas prices are at $1.98 per gallon.

Mises Institute ·

2025/05/06

One of Trump's more bizarre claims recently is that gasoline now costs less than $2 per gallon. As every casual observer knows, the price is closer to $3.

Alberta says it could vote on separation from Canada...

Mises Institute ·

2025/05/06

Unlike the US, Canada (at least on paper) recognizes a legal right to secession. Alberta gov't now says it may vote on secession next year.

Food stamps have always been a subsidy for...

Mises Institute ·

2025/05/06

The government loads $328 billion of your tax care money on the EBT cards for SNAP recipients, and they go into the stores and they buy Coca Cola products, Frito Lay products, Pepsi products.

Coming May 15-17: 9th Austrian Economics Meeting Europe

Mises Institute ·

2025/05/06

David Hume’s Insights Explain America’s Economic Decline

Mises Institute ·

2025/05/06

The Trump White House has enacted tariffs in the belief that other countries are “cheating” by enacting tariffs against US goods and “manipulating” their currencies. However, with the US dollar being the world's reserve currency, the US has engaged in dollar manipulation through inflation.

India is now at war with Pakistan.

Mises Institute ·

2025/05/06

India claims it is attacking "terrorist infrastructure." Both countries have nuclear weapons.

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