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Will Kevin Hassett's Fed-Chair candidacy get derailed?

Mises Institute ·

2025/12/15

Hassett was thought to be a done deal, but Trump and his allies are now suggesting that Kevin Warsh is the frontrunner.

Chile moves right as conservative, Catholic father of...

Mises Institute ·

2025/12/15

He's described by media as "hard right" and "ultra-conservative" which suggests he's a center-right candidate who, nonetheless, handily beat his communist rival.

Risk, Uncertainty, Profits, and Modern Portfolio Theory

Mises Institute ·

2025/12/15

While Modern Portfolio Theory (MPT) is popular in academic economics and finance, it fails to properly explain profits, mistakenly confusing entrepreneurial profit seeking with risk management.

How Religious Freedom in America Was Founded on...

Mises Institute ·

2025/12/15

The drive to religious freedom in America was carried out overwhelmingly in the state legislatures—and the federal First Amendment had almost nothing to do with it.

How the Farmland Protection Policy Act Has Socialized...

Mises Institute ·

2025/12/14

For more than 40 years, US farm policy has socialized farm land and transferred wealth to politically-connected people.

Argentina’s Rocky Road to Economic Freedom

Mises Institute ·

2025/12/13

While the jury still is out regarding Javier Milei’s economic and political “reforms” in Argentina, one must remember that the damaging interventions into Argentina’s economy have been so extensive that they have become part of the fabric of political and economic life there.

Longer, Higher for Longer

Mises Institute ·

2025/12/13

Policy-made rates reshape everything: mortgages, bonds, stocks, and commodities.

Review: Sexual Freedom and Its Impact on Economic...

Mises Institute ·

2025/12/12

High time preference is a sign of economic degradation, and Bose shows that a rejection of Christian sexual ethics is a feature of a high time preference society.

Leaked files ‘show US wants to persuade four nations...

Mises Institute ·

2025/12/12

The countries seen as targets to follow Brexit are Austria, Hungary, Italy and Poland, according to leaked details of the US national security strategy.

Inflation, Interventionism, and Intergenerational...

Mises Institute ·

2025/12/12

Inflation does more than just force up prices. It destroys the wealth-producing process, especially with young people who are prevented from acquiring the same kinds of assets earlier generations procured. The result is inter-generational conflict.

Financial Times asks: is silver the new gold?

Mises Institute ·

2025/12/12

On Wednesday, the silver price hit $63.86 per ounce — nearly double its level a year ago — after the Federal Reserve trimmed rates by 25 basis points.

The Problem with Defaulting in Argentina: A Response...

Mises Institute ·

2025/12/12

Precedents for sovereign default exist, but they are double-edged.

Our Secret Constitution

Mises Institute ·

2025/12/12

Through the most bloody war in American history to date, Lincoln unleashed an inchoate “secret constitution” that began to bring the US into closer alignment with equality and democracy, which many view as a good thing.

House votes to nullify Trump order and restore...

Mises Institute ·

2025/12/12

Federal workers are a powerful lobby in Washington, and taxpayers pay for federal bureaucrats' wages inflated through federal laws favoring federal unions.

Minnesota Somali Scammers Prove That Politics Is a...

Mises Institute ·

2025/12/12

Christopher Chantrill: Most every corrupt government program begins as a moral crusade and ends up as a spoils system: Social Security, Medicare, Obamacare, etc.

JLS: F. A. Hayek’s Thinking in the Light of...

Mises Institute ·

2025/12/12

Report: Trump To Appoint US General To Lead Gaza...

Mises Institute ·

2025/12/12

President Trump is planning to appoint a two-star US general to lead the international force that may be deployed to Gaza under the US ceasefire deal.

Modern Marriage and the Homeownership Rate

Mises Institute ·

2025/12/12

Data shows that the marriage rate and the homeownership rate have been closely connected for decades. Historically, more marriage means more home buying, but government intervention has made buying a home much harder.

QJAE: A Note on “Desired Money Balances” and Menu Costs

Mises Institute ·

2025/12/12

Most Economists Still Don't Understand How Inflation...

Mises Institute ·

2025/12/12

Mainstream economists are at a loss to explain why the current regime of inflation and central bank interventions have been so economically devastating. Understanding Cantillon effects is vital to making sense of the current madness.

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