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SNB & CHF

China’s Inefficient and Unsustainable Central Planning

Over one hundred years ago, Ludwig von Mises wrote about the impossibility of successful rational economic planning under socialism. Yet China is still trying, even while its blend of markets and socialism results in shortages and surpluses. This article examines three contemporary initiatives spearheaded by Xi Jinping, each marked by an inherent problem: food insecurity, the aging crisis, and the real-estate bubble. Each problem was created by legislation and is...

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What CERN’s next-generation particle collider could look like

Scientists at the European Organization for Nuclear Research (CERN) near Geneva are taking the next steps towards creating a huge particle collider. With the Future Circular Collider (FCC), they want to search for new physics and answer fundamental questions about our universe. We visited the CERN sites to learn more about particle physics and their plans. Particle colliders have been used since the 1950s to help physicists explore the laws of the universe. CERN currently has the Large...

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BOJ and China PMI Disappoint, While EMU Q2 Growth and October Inflation were Softer than Expected

Overview: The Bank of Japan softened its 1.0% cap on the 10-year, while lifting its core CPI forecast this fiscal year and next. This disappointed many who anticipated a bolder move to exit the extraordinary monetary policy. The yen was sold in disappointment and the dollar has returned to the JPY150.75 area. The eurozone contracted by 0.1% in Q3, while October CPI came in below expectations at 2.9%. The greenback is softer against most of the other G10 currencies....

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Postfinance E-Commerce setzt auf Worldline’s Crypto Payment Lösung

Worldline hat in der Schweiz mit Postfinance einen wichtigen Schweizer Kunden gewonnen. Die Zahllösung Worldline Crypto Payments wird ab sofort in der E-Commerce Lösung von Postfinance angeboten. In der E-Commerce-Lösung von PostFinance „Checkout Flex“ kann zukünftig auch mit Bitcoin und Ethereum, über das Bitcoin-Lightning-Netzwerk sowie mit den Stablecoins USDC und USDT bezahlt werden. Bereits seit zwei Jahren bietet Worldline die Zahllösung Worldline Crypto...

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Statism Is the Cause of the Israel-Hamas War

The State is an organized crime racket. It appropriates wealth by coercion and regularly uses force in violation of the n0n-aggression principle. The State is a parasite that perpetuates itself at all costs and extends itself by any means possible. Regardless of its putative leaders, the State grows and increases its power at the expense of its hosts and others who fall victim to its predations. As Hans-Hermann Hoppe poignantly wrote, States are “gangs of murderers,...

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Mises Institute Announces Dr. Thomas DiLorenzo as President

For Immediate Release Auburn, Ala. – The Mises Institute announced that Thomas DiLorenzo has been named its next president, following approval by its Board of Directors. DiLorenzo has a long and distinguished career as an academic economist, author, and speaker. He was Professor of Economics at Loyola University, Maryland, from 1992 to 2020. He served previously as the Probasco Chair of Free Enterprise at the University of Tennessee at Chattanooga, Assistant and...

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Mises Apprenticeship 2024

"Economics must not be relegated to classrooms and statistical offices and must not be left to esoteric circles. It is the philosophy of human life and action and concerns everybody and everything. It is the pith of civilization and of a man's human existence." —Ludwig von Mises The strength of the Austrian school has always been grounded in its ability to speak clearly about the issues vital to preserving human civilization. While there is no substitute for the...

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Canadian Digital Protectionism Gravely Threatens Free Speech

In 2023, Canada’s parliament passed two significant pieces of legislation, Bills C-11 and C-18, both of which have stirred debates and concerns regarding their potential impact on online freedom and political censorship. Bill C-18, commonly known as the Online News Act, was introduced in the forty-fourth Canadian Parliament and received royal assent on June 22, 2023. This legislation introduces a framework mandating digital news intermediaries, including search...

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