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The Folly of Legislating against Unfairness

Mises Institute ·

2024/08/20

Legislating against unfairness in order to achieve "equal" outcomes is like legislating against the wind. While government has little control over outcomes, its predations can make those outcomes worse.

Fall 2024 Mises Book Club (Auburn)

Mises Institute ·

2024/08/19

In September 2024, undergraduate students will have an opportunity to participate in the Fall Mises Book Club, a program that promotes deep reading in Austrian economics.

Inverted, Recessed, and Hung Out to Dry

Mises Institute ·

2024/08/19

The Fed for many years has manipulated the money supply in order to attempt to keep interest rates below market levels. At some point, however, the market prevails in one way or another.

The Primitive Superstition of our Age

Mises Institute ·

2024/08/19

Murray Rothbard once wrote that egalitarianism is a "revolt against nature." Egalitarianism also can be likened to a superstition, a belief that has no basis in truth.

The Political Takeover of the Texas Electricity Market

Mises Institute ·

2024/08/19

Texas politicians have decided their political "wisdom" can replace a market pricing system in production and distribution of electricity. Failure looms.

Markets Need a Lot More than a Rate Cut

Mises Institute ·

2024/08/17

Rate cuts do not signal a healthy economy but a slowing one, so equities slump despite the promise of a rate cut because investors continue to see lower buying pressure.

Identifying the Causes of Economic Inequality

Mises Institute ·

2024/08/17

Inequality is inevitable and there are many reasons it exists. However, by declaring that racial discrimination is the primary cause of inequality is to substitute egalitarian ideology for economic reality.

Removing the "Great" from Britain

Mises Institute ·

2024/08/17

The Labor Party's recent triumph over the intellectually-spent Tories finds the political regime wanting to bring back full-blown socialism. There is little to stop the British left from pushing a disastrous agenda.

Sri Lanka as a Role Model for the US

Mises Institute ·

2024/08/17

Is the United States on the fast track to ruination? Or, could a so-called Democratic Socialist government be a role model for the US?

Population

Mises Institute ·

2024/08/16

We need not worry about running out of resources, land, people, and energy.

Taxation in Brazil has Become a Laughable Spectacle

Mises Institute ·

2024/08/16

Government officials cannot stand to be mocked, but Brazil's finance minister and his tax plans have made the regime the target of a new wave of mockery.

Selfishness of Soul?

Mises Institute ·

2024/08/16

Professor Tara Smith tries to set the record straight regarding Ayn Rand, Objectivism, and reason. Unfortunately, as David Gordon demonstrates, Smith's analysis misses the mark.

The Collapse of the Yen Carry Trade: Impending...

Mises Institute ·

2024/08/16

Bob and Professor St. Onge assess the recent collapse of the Yen Carry Trade: and whether financial markets are a reliable barometer for economic conditions.

What has the Fed Done to Our Lives?

Mises Institute ·

2024/08/16

Most Americans have no idea of the damage that the Federal Reserve system has done to their daily lives. Unfortunately, most Americans are not particularly interested in finding out either.

WSJ: Ukraine (with Zelensky's Knowledge) Destroyed...

Mises Institute ·

2024/08/15

In September 26, 2022, seven months after the Russian invasion of Ukraine, saboteurs destroyed the Nordstream pipeline which was a major conduit of natural gas to Germany and western Europe.

Kamala Wants Price Controls, and It's Not Because She...

Mises Institute ·

2024/08/15

Harris's advisors must know price controls drive up prices. They just don't care. Price controls are a political policy. They help politicians get elected.

The EU and the Globalist Censorship of Speech on X

Mises Institute ·

2024/08/15

Meanwhile at the EU, the censorship and anti-free speech regime marches on. The current target is Elon Musk's X. It won't stop there.

Money-Supply Growth Accelerates as Wall Street...

Mises Institute ·

2024/08/15

The current trend in money-supply growth is a big turnaround from the many months of depression-level contractions we saw in 2022 and 2023.

The Dangerous Tim Walz

Mises Institute ·

2024/08/15

Walz is a “progressive” of the worst sort.

Markets Quake as Monopolist Capital Pursues a...

Mises Institute ·

2024/08/15

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