SNB & CHF

Progressives argue that free markets stand in the way of economic and racial equality. In fact, free markets are the only vehicle that can help make people more equal. Original Article: Legacies of Injustice and Racial Inequality [embedded content] Tags: Featured,newsletter

Political and economic elites predicted a doomsday scenario when Trump was elected in 2016, but the reality of his presidency didn’t come close to matching the apocalyptic rhetoric that accompanied it. Original Article: Understanding the Trump Phenomenon: It's Not What the Elites Think [embedded content] Tags:...

Block’s call for total war and the indiscriminate slaughter of innocent civilians in Gaza is the complete and uninhibited rejection and renunciation of the nonaggression principle that constitutes one of the very cornerstones of the Rothbardian system. Original Article: An Open Letter to Walter E. Block [embedded content]...

Subscribe to our Inside Geneva podcast wherever you get your podcasts: 🎧Apple podcasts: https://podcasts.apple.com/ch/podcast/humanitarian-and-business-alliances-in-disaster-response/id1506227169?i=1000644320207 🎧Spotify: https://open.spotify.com/episode/4WCcRSkEA2Bh69KW716d5C 🎧YouTube: https://youtu.be/tLmSuGAmEkk --- 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 the old days, the Federal Reserve operated in obscurity "behind the curtain". Today, they are front-and-center for the stock market. Total credit card debt in the US is now over $1.1 Trillion. In this episode, Mark looks at the disconnect between the Fed, the stock market (featured in the last episode), and the Real Economy. Be sure to follow Minor Issues at Mises.org/MinorIssues. Get your free copy of Dr. Guido Hülsmann's How Inflation Destroys...

The US January CPI and PPI came in stronger than expected and this extended the recovery in US interest rates. In turn that helped underpin the dollar. We do not think the data itself changes the Fed’s stance. At least seven Fed officials speaking in the coming days will test this hypothesis. There are still several key reports before the data dependent FOMC meets again in about four weeks. Owing to the different weights and methodology, the PCE deflator, which the...

Natural rights are often regarded with deep suspicion by lawyers and economists, who are wary of the wild and extravagant demands framed in the language of human rights. A good example is the United Nation’s list of fundamental human rights, which Antony Flew derides as absurd in “Could There Be Universal Natural Rights?”: “A right to social security” (Article 22) . . . “the right to . . . periodic holidays with pay” (Article 24) . . . “the right to a standard of...

The Western ruling elite has become oligarchic in nature; its political and economic influence is disproportionate and even harmful to society. It is necessary, therefore, to review its historical evolution and expose its current goals. Firstly, it must be recognized that it is natural and necessary for society to have an elite. Murray Rothbard wrote about the ideal of “natural aristocrats” who “live in freedom and harmony with their fellows, and rise by exercising...

Much of the progress being made in AI is captured within private companies aiming to keep in to themselves in order to profit from it. Open AI, a project started as an open-source non-profit has morphed into a largely closed-source profit-maximising project increasingly integrated into the software company Microsoft. Many see open-source as critical to the healthy development of AI. A super computer combined with the knowhow of Switzerlands world-leading federal...

© Bartolomiej Pietrzyk | Dreamstime.com The federal government spent less in 2023 than budgeted but overestimated revenue. The net effect was an additional shortfall of CHF 1.4 billion, reported SRF. At a media conference this week, finance Minister Karin Keller-Sutter said that the Federal Council was not aiming to raise a taxes to fund the additional shortfall. Raising taxes would require a constitutional amendment to get around the debt brake and would set a...