The financial media frequently opines on what the daily gyrations of the VIX (implied volatility index) signal regarding investor sentiment. Despite how often it is quoted and discussed, many investors do not truly appreciate what implied volatility measures. We take this opportunity to help you better understand implied volatility. Furthermore, we discuss other lesser-followed measures of implied volatility that help better assess whether implied VIX readings...
Read More »USD/CHF trades around 0.8630, recovers recent losses due to less-dovish Fed
USD/CHF edges higher as robust US labor and inflation data have diminished the likelihood of bumper rate cuts by the Fed. Atlanta Fed President Raphael Bostic expects just one more interest rate cut of 25 basis points this year. The Swiss Franc strengthened as lower inflation in September reduced the need for the SNB to implement substantial rate cuts. USD/CHF retraces its recent losses registered in the previous session, trading around 0.8630...
Read More »Failure as a Design Imperative
The idea that “if it can fail, it should” probably seems oxymoronic to most people when applied to the economic realm. Isn’t the whole point of economic systems to succeed, to thrive, and to bring prosperity to all? So it would seem. But not according to the Austrian school of economics. Indeed, we believe that the possibility of failure is a prerequisite for genuine economic advancement.As Ludwig von Mises so eloquently put it, “Human action is purposeful behavior.”...
Read More »The Assault on Our Liberties
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....
Read More »The Expropriator-in-Chief
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....
Read More »The Hunt for the Neutral Rate of Interest
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....
Read More »Only the Austrians Can Defeat Central Banking
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....
Read More »Economists and the State: From Enemies to Friends
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....
Read More »Welcome and Opening Remarks to the 2024 Supporters Summit
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....
Read More »Beware of War Hawks in “America First” Clothing
For the past eight years, the two major political parties have been gripped by a messy and ongoing realignment. It began with the election of Donald Trump in 2016, which was a major repudiation of the neoconservative-establishment coalition that had dominated the Republican Party since the presidency of George W. Bush.Trump’s condemnation of the war in Iraq—which he correctly said was sold on lies—and his skepticism of continuing to fund radical Islamists in a...
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