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Walter Williams and the Race Hustlers

Mises Institute ·

2024/08/13

The late Walter Williams was a clear thinker when it came to issues of race and economics. While some socio-economic differences in society can be attributed to racism in society, most of it cannot, and Williams was not shy in pointing out that fact.

Why Do We Work?

Mises Institute ·

2024/08/12

Socialists claim that any work done in a market economy is oppressive because labor in that situation cannot be adequately compensated. However, workers in a market system freely choose among many alternatives in order provide the best opportunities for themselves.

Does Printing Money Create Inflation?

Mises Institute ·

2024/08/12

Mises was right: “It is obvious that this new-fangled connotation of the terms inflation and deflation is utterly confusing and misleading and must be unconditionally rejected.”

Tax the Rich? Not a Good Idea

Mises Institute ·

2024/08/12

Taxing "the rich" won't make life more affordable for ordinary people. The true cause of the affordability crisis is inflation caused by central banks.

Self-Determination, Imperialism, and Secession

Mises Institute ·

2024/08/12

We might say that self-determination and secession—and self-determination’s opposite, imperialism—are three ways of looking at the same object.

Republicans declare war on the American economy

Mises Institute ·

2024/08/10

By appealing to tariffs and other forms of economic regulation, Republicans have tossed aside any commitment to free market economics. Unfortunately, their program will lead to more economic stagnation, inflation, and runaway government spending.

Presenting the moral case for capitalism

Mises Institute ·

2024/08/10

The socialist case against capitalism is not based upon facts of history, yet socialism is still seen as the superior moral system. Over time, capitalism creates wealth across society while socialism creates poverty.

Techno Unemployment

Mises Institute ·

2024/08/10

It's time to check the underbelly of the economy’s mighty growth industry.

Recap of Mises University

Mises Institute ·

2024/08/09

If you would like to help next year's students have their "best week of the year," please consider donating to Mises University 2025 today. You can donate here.

What Does Say’s Law Really Say?

Mises Institute ·

2024/08/09

Bob goes solo to give the historical context and true meaning behind "Say's Law," as well as the caricature presented by Keynesian critics.

The myth of fair trade

Mises Institute ·

2024/08/09

So-called fair trade is the rage among elites who believe that it protects people in poor nations who would like higher prices for their exports. In reality, fair trade distorts prices and provides disincentives for consumers.

The "unuseful" tautology

Mises Institute ·

2024/08/09

The simple tautology that individuals act is not trivial, despite what critics of Austrian economics might say. As Mises noted, human action is directly related to the ability of humans to reason.

As the US dollar falls into ruin

Mises Institute ·

2024/08/09

Section 2.10: Remonetizing the Treasury’s Gold

Mises Institute ·

2024/08/09

The Federal Reserve Does Not Own Gold

Mises Institute ·

2024/08/09

The Fed has owned no gold since 1934, when the Fed handed over all its gold in exchange for gold certificates.

The Fed is warping the shape of the yield curve

Mises Institute ·

2024/08/09

As the Federal Reserve manipulates the money supply and interest rates, the yield curve becomes a less reliable indicator of economic activity. The more the Fed plays havoc with the system, the more we see the boom-and-bust syndrome.

Yankees vs. Cowboys: Rothbardian elite theory on...

Mises Institute ·

2024/08/09

Published in July 1974, Murray Rothbard provides elite theory analysis of Watergate after the selection of Nelson Rockefeller as Gerald Ford's Vice President.

Money-Supply Growth Accelerates as Wall Street...

Mises Institute ·

2024/08/09

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.

Taking Back Economics Education

Mises Institute ·

2024/08/08

The Lessons for the Young Economist video series is the antidote to public school economics education.

Americans are poorer: the United States Misery Index...

Mises Institute ·

2024/08/08

The problem for most Americans is that it is increasingly difficult to make ends meet despite record government spending, or because of its negative impact on inflation and taxes.

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