SNB & CHF

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order....

Efficient management of corporate business accounts is crucial for maintaining financial health, ensuring regulatory compliance, and fostering growth. Streamlining these accounts can lead to significant improvements in accuracy, efficiency, and decision-making. Here’s a comprehensive guide on how to streamline your corporate business accounts.    1. Implement Robust Accounting Software Investing in robust accounting software is a foundational step toward...

With your support, the Mises Institute can send Mises University students home with a stack of Austrian classics such as “Human Action”; “Man, Economy, and State”; and “The Case for Gold” (see full list at the bottom of this email). After a week of destroying every preconceived, state-curriculum notion of how the world works, Mises U grads will have another month before returning to college in the fall. Our graduates can continue to dive into their...

Of all the areas that economics students need to master, counterfactual reasoning is near the top of the list. Counterfactual reasoning is outlining and comparing the differences and similarities between two alternatives. While everyone uses counterfactual reasoning, such as choosing what to have for lunch, economists look at deeper and more remote consequences. A typical example that students are asked to examine is the effects of price controls — what happens when...

The 100th Swiss Abroad Congress took place in Lucerne. For many participants at this year’s congress, the connections they make are invaluable. For some, sharing Swiss democracy abroad and taking part in democracy at home is a key topic of discussion. But all agree that the Swiss Abroad provide a service, both at home and abroad. Here are some voices out of Lucerne, from the Swiss around the world. --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation...

This first appeared in The Libertarian Forum, Vol VI, NO.6-7, June-July,1972, following the attempted assassination of Presidential candidate George Wallace.John F. Kennedy; Malcolm X; Martin Luther King; Robert F. Kennedy; and now George Corley Wallace: the litany of political assassinations and attempts in the last decade rolls on. (And we might add: General Edwin Walker, and George Lincoln Rockwell. In each of these atrocities, we are fed with a line of cant from...

Switzerland is donating used trams to cities in Ukraine struggling from the effects of the war with Russia. Bern will be delivering 11 trams, and is currently training engineers from Ukraine to drive and maintain them. SWI swissinfo.ch met them at the tram workshop in the Swiss capital. #ukraine #trams #disabilities --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on...

In a world full of hatred for the free market, the people calling for the nationalization of industry aren’t scarce. Despite their political popularity, nationalizations are terrible for economies and represent a stepping stone on the path to destitution and collapse. In exchange for the temporary gain achieved by expropriating the property of others, countries sacrifice the confidence of doing business in their nation.Nationalization stems from the error that the...

Jury duty assignment prevents a more comprehensive note, but here is a snapshot. Overview: The dollar is broadly lower, and stocks are under pressure. Comments by a Japanese official, which did not appear to break new ground, coupled with Trump's interview in BusinessWeek, where he was critical that Japan was benefiting from a weak yen, despite having apparently spent some $80 bln this year trying to stop it from falling, may have been the trigger. The dollar has...

On December 5, 1996, Chairman of the Fed Alan Greenspan offered that stock prices may be too high, thus risking a correction that could result in an economic fallout. He wondered out loud if the market had reached a state of “irrational exuberance.” Over the past few months, we have seen the same term, irrational exuberance, used to describe the current state of the stock market. To gain perspective on the future, let’s compare the market environment that prompted...