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Slash Military Spending: "Defense" Budgets are Bigger...

Mises Institute ·

2024/12/05

Even though the Pentagon has failed seven audits in a row, defense spending is now 60 percent higher (in real terms) than its old Cold War peak.

Prices Are Not Measurements of Value

Mises Institute ·

2024/12/05

One of the fallacies of modern academic neoclassical economics is that we can take cardinal measures of value. Austrian economists, beginning with Carl Menger, know better.

Trump Faces a Mess of an Economy

Mises Institute ·

2024/12/05

Interest rates, inflation, home prices, and federal spending all pose big challenges to a Trump administration that is ill-prepared to deal with the deep-seated problems in the US economy.

There Is No Appetite for Fed Reform in Washington

Mises Institute ·

2024/12/05

No one in the GOP leadership is going to do anything at all about true Fed reform until he fears that his re-election depends on it.

Elon Musk and The Grace Commission Report

Mises Institute ·

2024/12/05

The FBI Has Been Political from the Start

Mises Institute ·

2024/12/05

The FBI has always acted as secret police for the established political class.

The FBI Has Been Political from the Start

Mises Institute ·

2024/12/04

The Washington political establishment is alarmed that President-elect Trump wants to appoint Kash Patel as FBI director, claiming that Trump's choice will “politicize” the FBI. However, the FBI has always acted as secret police for the established political class.

The Biggest Mistake America Has Ever Made

Mises Institute ·

2024/12/04

The biggest mistake America has ever made since the nation’s founding was the conversion of the federal government from a limited-government republic to a national-security state.

From Indentureship to Entrepreneurship

Mises Institute ·

2024/12/04

Entrepreneurs come from all walks of life and from different social and ethnic groups. Lipton Matthews reviews Jean-Claude Escalante’s From Indentureship to Entrepreneurship, which chronicles the rise of a successful entrepreneur who came from humble beginnings.

Want to Cut Federal Workers? Just Cut Spending.

Mises Institute ·

2024/12/04

These days, most federally-funded workers are “private” contract and grant workers. These jobs will quickly disappear if we‘re serious about spending cuts.

Some Depositors Are More Equal than Others

Mises Institute ·

2024/12/04

Like Orwell‘s famous statement from Animal Farm, “All animals are equal, but some animals are more equal than others,” it turns out that bank bailouts are not as equal as the state would like us to believe. Unsurprisingly, benefits accrue to the banks with the biggest depositors.

Hartung: Can Trump Still Be a Peace President?

Mises Institute ·

2024/12/04

What will a Trump presidency mean for the movements for peace and social justice?

North and South in Antiracist Revisionism

Mises Institute ·

2024/12/03

Modern “antiracist” historians have pursued the myth that the virtuous North engaged in warfare with the South in order to free slaves and end chattel slavery. The historical record, however, tells a much different story.

US Bond Yields Rise as Reserve Currency Status Wanes

Mises Institute ·

2024/12/03

The Federal Reserve continues to be the not-so-silent partner to the government's reckless deficit spending scheme. While the Fed tries to force down interest, US bond yields are rising, as the markets recognize these bifurcated policies.

Biden’s Parting Shot at America

Mises Institute ·

2024/12/03

In the period since the American people rejected Biden’s neocon interventionists in favor of Donald Trump’s promises to end the wars, the “lame duck” Biden has run roughshod over the will of the American people.

Another Merit of Medieval Bolognese Canons

Mises Institute ·

2024/12/03

The Austrian School of economics traces its roots to the School of Salamanca in medieval times. The scholastics of Salamanca, in turn, were influenced by the canon jurists from the University of Bologna, demonstrating the rich and historic roots of Austrian economics.

Why Naomi Wolf Is Great

Mises Institute ·

2024/12/03

Naomi Wolf is a truly heroic figure, and the publication of her great book The Pfizer Papers: Pfizer’s Crimes Against Humanity makes her heroic stature even more evident than it was before.

“Victory Plan” or Deadly Delusion? Zelensky’s...

Mises Institute ·

2024/12/03

The darling of America‘s political elites, Ukrainian President Volodymyr Zelensky, now touts a “Five-Point Plan” that surely will extend the war and ultimately make his country even worse off. It is time to end this farce.

Markets Made of Glass—How the Fed Destroyed Economic...

Mises Institute ·

2024/12/03

For nearly 30 years, the Fed has pursued an easy-money policy that has made the economy increasingly dependent upon the next round of “stimulus.” Reversing that policy will mean, at least in the short run, a stiff recession before the economy rebounds, which is a non-starter today.

Lessons from Reconstruction

Mises Institute ·

2024/12/03

Using state power to enforce social orthodoxy is always a recipe for disaster. Radical Republican governments in the post-war South attempted to do just that, sowing seeds of hatred and discord in the process.

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