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The NBER Framework to Asses Business Cycles Describes...

Mises Institute ·

2025/11/24

While the NBER collects economic data ostensibly to aid policymakers, the data it acquires is useless without proper economic theory to correctly interpret the numbers.

Michael Burry launches substack on AI stock bubble.

Mises Institute ·

2025/11/24

The investor who shot to fame for calling the housing crash before 2008, has launched a Substack aiming to lay out in detail his bearish thesis on artificial intelligence.

Rand Paul says Trump's Venezuela warmongering will...

Mises Institute ·

2025/11/24

He was elected to pursue peace, but Trump's extra-judicial killings of unknown persons in the Caribbean are part of a new quasi-war against so-called "narco-terrorists."

Scott Bessent Gives Deranged Financial Advice on...

Mises Institute ·

2025/11/24

Apparently unaware of where price inflation comes from, Bessent says you can beat inflation by moving from a "blue state" to a "red state."

The Port Wine Crisis

Mises Institute ·

2025/11/24

Owners are not only prohibited from producing the wine of their choice but also from deciding the volume they produce, the price at which they can sell their products, the way they store and vinify according to protocols, and the list goes on.

Legal Nonsense to Justify Non-Judicial Killings

Mises Institute ·

2025/11/24

Often “reasoning” commits to a conclusion, then finds argumentation to justify it.

Foreign Policy, Justin Raimondo Style

Mises Institute ·

2025/11/23

Remembering Justin Raimondo, who used his antiwar website to rally concerned people against the unjust and destructive wars brought on by the US government.

US Trade Deficits: Blame Nixon, Not China

Mises Institute ·

2025/11/23

Dr. Robert Murphy explains why America’s chronic trade deficits trace to Nixon’s 1971 gold exit—not China—and how a popular reading of Triffin’s “dilemma” confuses the issue.

The Tyranny of Phony Civil Rights

Mises Institute ·

2025/11/23

Dr. Wanjiru Njoya explains how “phony civil rights” expand state power at the expense of self-ownership and property, and offers a conservative-libertarian case for liberty rooted in reality.

Crusoe: the Man, the Myth, the Legend

Mises Institute ·

2025/11/23

Dr. Jeffrey Herbener explains why “Crusoe economics” isn’t a caricature but the indispensable starting point for economics and liberty—built from action, property, and exchange.

Interest Is Not the Marginal Product of Capital

Mises Institute ·

2025/11/23

Bob revisits capital and interest theory to show why the textbook result “interest = MPK” only holds in a one-good world, and why in actual markets the interest rate emerges from time, prices, and capital valuation—not raw productivity.

The Seven Deadly Economic Sins

Mises Institute ·

2025/11/22

Seven “economic sins” share one root: monetary inflation—fueling higher prices, inequality, debt, war, and even moral decay.

Do Markets Ever Reach Equilibrium?

Mises Institute ·

2025/11/21

Equilibrium is an imaginary construct that should be used only for analytical purposes. Unfortunately, mainstream economists have claimed it should represent a desired state of economic affairs. Austrian Economists know better.

Central Bankers Disagree About Gold

Mises Institute ·

2025/11/21

Prominent central bankers have given conflicting statements concerning gold. What soaring gold prices might indicate is that the world is now turning to gold.

Minarchism: The Worst Kind of State Idolatry

Mises Institute ·

2025/11/21

Is minarchism an antidote for the growing statism and socialism infecting our body politic? Think of it as “statism lite.”

Zionists Are Freaking Out About Losing Control of the...

Mises Institute ·

2025/11/21

"...Holocaust education has begun backfiring, because it has been giving young people the wrong impression that genocide is always bad." By Caitlin Johnstone.

GOP bans Dan Crenshaw from international travel after...

Mises Institute ·

2025/11/21

Crenshaw and other Republicans were on an official visit to Mexico and Crenshaw was "having drinks with a group of Mexican officials."

October CPI Inflation will not be released.

Mises Institute ·

2025/11/21

"Data-dependent" Federal Reserve will be flying blind at its next FOMC mtg on Dec 10. It will be basing its decisions on September CPI data.

The Futility of Utility

Mises Institute ·

2025/11/21

Mainstream economics is obsessed with “maximizing” so-called utility functions and discovering the ubiquitous “social utility curve.” In this week’s Friday Philosophy, Dr. David Gordon takes apart this “utility” fixation.

Politics and Government: The Weakness of the State

Mises Institute ·

2025/11/21

Thinking clearly about the state requires us to think differently than what is typically believed. The state is not a “necessary evil,” but rather it is just evil.

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