SNB & CHF

There is little doubt that John Mearsheimer is one of the most prominent, and controversial, thinkers in the field of international relations alive today. His most important work, The Tragedy of Great Power Politics (2014, New York: Norton), continues to be the de facto handbook to the theory of offensive realism and this theoretical lens has played a very prominent role in the debate over the underlying causes of the ongoing war between Russia and...

USD/CHF hovers below 0.9152, the highest since October reached on Monday. US Dollar strengthened as higher Retail Sales amplified expectations of the Fed prolonging higher policy rates. Swiss Franc faces challenges due to the likelihood of SNB implementing another rate cut in the June meeting. USD/CHF recovers its recent losses registered in the previous session, trading near 0.9120 during the early European hours on Tuesday. The strength of the US Dollar (USD)...

The world is marking 30 years since the Rwandan genocide. Inside Geneva talks to those who witnessed it.  “We came to one village where there were a few survivors and a man came to me with a list and said ‘look, the names have been crossed out one by one, entire families, they were killing everybody from those families,’” says Christopher Stokes, from Médecins Sans Frontières (Doctors Without Borders).  Charles Petrie, former United Nations...

"Over the past three years, the word sedition has again become popular among regime agents and their friends in the media. It's not the first time the word has been frequently used. In the American context, it's frequently employed whenever the ruling class wishes us to become hysterical about some real and imagined enemy, both domestic and foreign."This event was co-hosted by the Mises Institute and the Ron Paul Institute, and recorded in Lake...

In a 1964 article in the Yale Law Journal titled The New Property Charles Reich argued that “government largesse” is an increasingly important source of wealth and should thus be understood and regulated as a new form of property. Reich argued that “Property is a legal institution, the essence of which is the creation and protection of certain private rights in wealth of any kind” and that “Property is not a natural right but a deliberate construction by...

Rather than attempt to evade Caesar’s reach, a better strategy might be to ‘go gray’: blend in, appear average. Let’s start by stipulating that I don’t “like” this forecast. I’m not “talking my book” (for example, promoting nuclear power because I own shares in a uranium mine) or issuing this forecast because I favor it. I simply see it as the most likely trajectory of the global financial system, based on history and the dynamics of human systems. “Liking” it or...

Listed and linked below are the readings that all students must complete before attending RGS. All materials are available on Mises.org free of charge, and most readings are available in multiple formats (e.g., PDF, ePub, HTML, audio). Complimentary physical copies of the readings will be available to attendees upon arrival at RGS. Physical copies can be mailed in advance to U.S. addresses upon request by emailing [email protected]. Required ReadingsHuman Action:...

Listed and linked below are the readings that all students must complete before attending RGS. All materials are available on Mises.org free of charge, and most readings are available in multiple formats (e.g., PDF, ePub, HTML, audio). Complimentary physical copies of the readings will be available to attendees upon arrival at RGS. Physical copies can be mailed in advance to U.S. addresses upon request by emailing [email protected].Required...

Canadian Dollar gives away gains as USD bounces up following strong Retail Sales data. Investors’ concern that Middle East conflict might escalate provides additional support to the safe-haven US Dollar. Oil prices have depreciated nearly 3.5% from early April highs, adding negative pressure to CAD. The Canadian Dollar (CAD) recovery attempt seen during Monday’s European session has been short-lived. The US Dollar has resumed its bullish...

Three years ago, in a citizen’s initiation approved by 3/4 of voters, Oregon decriminalized the possession of small amounts of illicit drugs. Last month, the Oregon governor signed into law a measure that undid what the people of Oregon had decided. The reason for this change in direction was that there were severe problems that arose with decriminalization. Two of the biggest problems were (1) Drug addiction and deaths from drug overdoses had soared; and (2)...