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 »Despite Its Oil Wealth, Nigeria Is an Economic Basket Case
Americans are outraged. Gas prices have risen over 30 percent in four years, electricity has risen by over 30 percent in the last four years, and groceries have risen by over 20 percent. This is infuriating and Americans are well in the right to be disgusted by it. Now, imagine living in a country where gas prices have risen by 350 percent—yes, 350 percent!—in the last year, electricity prices have doubled in one year, and egg prices doubled in the last year.That’s...
Read More »A Walk on the Supply Side
[Editor’s note: In this article, originally published in October 1984, Murray Rothbard critiques a problem with the economics of Republicans and conservatives. Namely, its proponents think they can have it both ways by cutting tax rates and increasing government spending, while somehow not running up huge deficits. Much of this is based on the so-called Laffer curve idea, which Rothbard regards with skepticism. Moreover, Rothbard notes that when most conservatives...
Read More »Why FEMA Makes Things Worse: Theory and History
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 »Week Ahead: Powerful Forces Rippling Through the Capital Markets Do Not Appear Exhausted
There are powerful forces in the capital markets, and they do not appear exhausted even if there is some near-term consolidation. The Dollar Index has risen for seven weeks, which is to say that it has not fallen on a weekly basis so far here in Q4. The US two-year yield has risen for the past four weeks and six of the past seven. It has surged from about 3.55% at the end of September to 4.38% last week. The US 10-year yield has fallen in only two weeks since...
Read More »“Trump Trade” Sends Investors Into Overdrive
Inside This Week's Bull Bear Report "Trump Trade" Sends Investors Into Overdrive How We Are Trading It Research Report -Paul Tudor Jones - I Won't Own Bonds Youtube - Before The Bell Market Statistics Stock Screens Portfolio Trades This Week A Pause That Refreshes? Last week, we discussed that with the election over and the Federal Reserve cutting interest rates, many market headwinds were put behind us. To wit; "As a result, the market surged...
Read More »Erasing Black Confederates
In 2019 The New York Times launched their 1619 project, which “aims to reframe the country’s history by placing the consequences of slavery and the contributions of black Americans at the very center of our national narrative.” In the NYT retelling of American history, black troops who fought for the Union in the 1861-65 war are to be commemorated, but black Confederates must be summarily erased. The aim of this article is to argue against this erasure of black...
Read More »Caplan’s Errors on the UAE and Open Borders
Arguments advanced to support a political position often fail to withstand the slightest scrutiny. Rather, they are meant to make an impression on the impressionable—those who lack the context required to make an evaluation—and draw large numbers of the uninformed to one side of a political debate. Such is the case with libertarian economist Bryan Caplan’s recent article in favor of unrestricted immigration, wherein he uses the United Arab Emirates as a supposed...
Read More »Here’s why this Swiss mountain village faces another huge landslide | #switzerland #landslide
The Swiss village of Brienz/Brinzauls in eastern Switzerland is again threatened by the collapse of a mountain that looms overhead. Movements in the scree slope above Brienz in canton Graubünden have accelerated sharply in recent weeks. All 100 residents are being evacuated. Brienz was evacuated once before in 2023, because of the threat of a landslide. You can read more about the dangers the villagers face on swissinfo.ch. --- swissinfo.ch is the international branch of the Swiss...
Read More »USD/CHF Price Forecast: Reaches overbought levels
USD/CHF is in a strong uptrend which keeps making higher highs. However it has reached overbought levels according to the RSI momentum indicator This means bulls should be aware of the increased risk of pullbacks. USD/CHF continues rising in its established uptrend but it has now reached overbought levels (above 70) according to the Relative Strength Index (RSI) momentum indicator. When this occurs it advises long-holders not to add to their...
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