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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.

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.

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.

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

Mises Institute ·

2025/05/06

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.

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.

DiLorenzo on the Bitcoin Standard Podcast

Mises Institute ·

2025/05/06

President of the Mises Institute Tom DiLorenzo joins Saifedean Ammous on The Bitcoin Standard Podcast to discuss his work on US history and economics, and the increasing influence of the Mises Institute and Austrian school economics.

Google’s Antitrust Breakup Trial: Government Overreach

Mises Institute ·

2025/05/06

The antitrust lawsuit against Google by the United States Department of Justice (DOJ) seeks to dismantle the tech giant on the grounds that it has “monopolized the internet search market.” This is nothing but an overreach that shatters the very pillars of a free and competitive marketplace.

The Magic Coin

Mises Institute ·

2025/05/06

This slim book engagingly written encapsulates the basic lessons of money and of how it is deformed by government and central banking in a magical story that will charm and enlighten young readers.

Reclaiming Our Sovereignty from State Power

Mises Institute ·

2025/05/05

Have Americans forgotten how to be free? When warfare erupted between American colonists and the British government, the colonists believed that they had God-given rights that protected them against state power. Would that Americans today believed the same thing.

The Method Behind Real Economic Thinking

Mises Institute ·

2025/05/05

Jonathan Newman joins Bob Murphy to explore what economics really is, why it matters, and how the revamped Mises Academy is helping teach it the right way.

The Spanish Blackout Shows Why the Green Dream Is...

Mises Institute ·

2025/05/05

Although government officials and true believers in “green energy” are denying it, the collapse of the electric grid in Spain and Portugal proves that reliance on renewables for electric production is doomed to failure. Whether people listen is another story.

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