SNB & CHF

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....

Mandate for Leadership 2025 is an unofficial blueprint for a potential conservative administration, published by the Heritage Foundation’s Project 2025. Donald Trump has distanced himself from the project, even though many people associated with his first term as president contributed to the document.It’s billed as “The comprehensive policy guide for a new conservative president, offering specific reforms and proposals for Cabinet departments and federal agencies,...

Imagine an American college or university president making the following public statement:“I regret that my institution, along with many others, has contributed to burdensome federal student loan debt and to rising college tuition levels, allowing our institutions to profit from the existence of student loan monies. At the same time, we have failed to offer our students adequate skills and knowledge required to compete in today’s world.”If collegiate presidents...

In his treatise A Theory of Socialism and Capitalism, Hans-Hermann Hoppe lays the theoretical foundations for understanding and identifying the phenomenon of socialism, not as a mere invention of the Marxists of the nineteenth century, but as a much older idea of the institutionalized interference with or aggression against private property and private property claims. Then, Hoppe holds the institution of the State “as the very incorporation of socialist ideas on...

Overview:  The powerful yen short squeeze that has roiled the capital market this week has stalled today. It is the first day this week that the dollar has not fallen below the previous day's low and has risen, though slightly, above previous session's high. The Antipodeans and Scandis are trading with a firmer bias. The yen and Swiss franc are the only two G10 currencies that are not stronger today. The stability of the yen appears to have removed some of the...

“Work or starve” is a common argument used against free-market capitalism. Proponents of the “work or starve” argument argue that capitalism forces one to work or be forced with the prospect of starvation or destitution. This is a mistaken approach since “work or starve” is not a feature of capitalism but rather of the world we live in. By conflating positive rights with negative rights, a perverted type of justice is imagined.We know that humans must...

One of the most familiar terms heard or read today is “social justice.” Ironically, “social justice” is anything but justice. It basically represents double standards, inequality, partiality, prejudice, racism, selectivity, and subjectivity. It has to be one of modernity’s cleverest and most subtle paradoxes.Perhaps the best way to expose it as a paradox is by revealing what genuine and true justice demands when applied evenly and honestly to all people. True justice...

A Swiss tourism boss reveals how the industry reacted when a Netflix series attracted hoards of Asian visitors to a small lakeside village in canton Bern. #netflixseries #tourism #swiss #suisse #nature --- 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 international events. For more articles, interviews and videos visit swissinfo.ch or subscribe to our YouTube channel:...

The market always seems to teach retail investors a lesson. Bloomberg reported leveraged EFTs such as The Direxion Daily Semiconductors Bull 3x Shares (ticker SOXL), which delivers triple the daily move of the NYSE Semiconductor Index, took in a record 1.5 billion last week, only to drop “15% Wednesday to extend a 37% loss in the past 14 days.”“The $23 billion ProShares UltraPro QQQ (TQQQ) and the $4 billion ProShares UltraPro S&P 500 (UPRO) fell nearly 7% and...

The term “smart city” conjures images of futuristic utopias where technology seamlessly enhances our daily lives. Traffic flows like a symphony, garbage trucks only show up when needed, and potholes fill themselves while apologizing for the inconvenience. But peel back the glossy veneer, and you’ll find that these so-called smart initiatives are often just a new way to nickel-and-dime residents. Let’s take a tour through the cityscape of this digital pickpocketing.A...