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The Socialist Road to Destruction amid So-Called Good...

Mises Institute ·

2024/06/11

Socialists pride themselves on their supposed good intentions even as they fashion policies that create havoc and harm the people socialists claim to be helping. Ludwig von Mises called it destructionism.

Employment Flatlines for Eleventh Month as Biden...

Mises Institute ·

2024/06/10

As total (mostly part-time) "jobs" rose 273,000 in May—thanks largely to made-up numbers—total employed workers fell by 408,000 people.

What Causes Stagflation?

Mises Institute ·

2024/06/10

Keynesian economists have no good explanation for stagflation, rising rates of both inflation and unemployment. However, the Austrian School has long pointed out that sustained inflation has a predictable pattern that leads ultimately to stagflation.

Bureaucracy: The Red Tape that Prevents Economic Growth

Mises Institute ·

2024/06/10

Contra Keynesians, who believe that government spending and bureaucracy are the keys to economic growth, it is the bureaucratic state that swallows resources and stifles entrepreneurs. The more powerful the bureaucracy, the lower the standard of living.

Socialism’s Very Quiet Revolution

Mises Institute ·

2024/06/08

Socialism does not infect our body politic just through economic measures. The current obessession with implementing DEI policies has all of the hallmarks of how socialist measures undermine a private property order.

The Achilles Heel of the Fiat Money System

Mises Institute ·

2024/06/08

State-sponsored fiat money has been the norm for more than ninety years, but its very instability makes it vulnerable to a regime of sound money.

Oil Prices Show Weakening Demand, but Not Because of...

Mises Institute ·

2024/06/07

Oil prices have weakened in recent weeks despite the war in Gaza and rising geopolitical risk. This points to overall economic contraction.

Robert Reich's Second Myth

Mises Institute ·

2024/06/07

The Unsustainable AI-Driven Lending Boom

Mises Institute ·

2024/06/07

The endless bubble economy has a new lending craze: loans backed by AI chips. The problem is that while the chips serve as collateral, companies right now cannot make enough revenue to cover their costs.

Is the Dollar the Global Reserve Currency Because...

Mises Institute ·

2024/06/07

Economics researcher Joakim Book joins Bob to discuss his recent article on the dollar's international dominance.

We Can Praise Milei's Policies without Praising the Man

Mises Institute ·

2024/06/07

Just because a politician says he believes X doesn't mean he actually believes it. Then, even if he believes it right now, we can't know that he'll believe it next week.

Mandate Without Majority: BJP's Struggle for Policy...

Mises Institute ·

2024/06/07

The Menace of Political Show Trials

Mises Institute ·

2024/06/07

In the aftermath of Donald Trump's conviction in Manhattan—a political show trial, to be sure—David Gordon reviews Danilo Zolo’s, Victor’s Justice, which examined the Nuremberg Trials following World War II.

Can the Fed Fund the CFPB?

Mises Institute ·

2024/06/07

Because of interest rate increases, the true market value of the Fed’s assets is far less than their book value—a shortfall of about $1 trillion.

Homeschoolers Don’t Need Government Regulation

Mises Institute ·

2024/06/07

Government schooling advocates are demanding that homeschoolers be regulated by public school authorities. Perhaps homeschooling advocates should be monitoring the government.

The Consequences of California’s New Minimum Wage Law

Mises Institute ·

2024/06/07

Supporters of the new California minimum wage law for fast-food restaurants claim it will bolster economic opportunity for lower-income people. It actually will be a wealth transfer from the poor to the rich.

Creative Destruction in American Higher Education:...

Mises Institute ·

2024/06/07

We are seeing Joseph Schumpeter's concept of creative destruction at work in higher education. The shake-up will continue.

Understanding Reason Is Paramount to Understanding...

Mises Institute ·

2024/06/07

Contra critical theorists, who claim human reason is nothing more than a social construct, reason is both understandable and universal. We cannot abandon it, for if we do, we abandon liberty itself.

Why Politicians Cannot Be Trusted with Just War Theory

Mises Institute ·

2024/06/07

Politicians will invoke the venerable just war theory when they believe they can manipulate the facts in their favor. In truth, it is the rare government that engages in a justified conflict.

What Israel Is Doing to Gaza Is a Choice

Mises Institute ·

2024/06/07

Israel’s defenders act like Netanyahu and his allies have had no choice but to react to October 7 in the manner that they have. But that isn’t true.

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