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SNB & CHF

What Was Missing at NatCon 2024

National Conservatives are a growing movement on the political right. They are largely united by their belief in the failings of liberalism, in protectionist trade policy, a halt to mass migration, and a more Christianized nation. The attendees of this year’s conference, hosted by the Edmund Burke Foundation, focused on many topics: free trade, their desire to decouple from China, weaponization of government, bureaucracy in government, and even the building of...

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The 1866 civil rights revolution

The phrase “equality of opportunity” is expressed by the Civil Rights Act of 1964 as a nondiscrimination principle. There has been much debate on whether the nondiscrimination principle is a formal right to equality before the law, reflecting the principle that everyone has a right not to be discriminated against, or whether it is a substantive right vested in specified groups (e.g., blacks or women) to give them special legal protection that members of other groups...

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Why Economic Inequality Is a Good Thing

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....

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An Austrian contribution to the praxeology of nature conservation

Without human intervention, there would be no nature conservation, only the natural struggle for species survival through evolution and adaptation. Humans actively protect and shape their surroundings, making nature conservation a practically anthropocentric concept.The conservation of natural elements involves counteracting undesirable changes to those elements and their conditioning environment. Broadly, nature protection includes activities aimed at restoring...

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Full-Time Jobs Fall Yet Again as Total Employment Flattens

According to the most recent report from the federal government’s Bureau of Labor Statistics, the US economy added 206,000 jobs during June while the unemployment rate rose slightly to 4.1 percent. Unlike most months over the past year—which repeatedly described the employment situation as “strong” and “a blowout”—the general media narrative for the June jobs report was far less enthusiastic. According to CNN, for example, the June jobs report suggests a...

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Swiss goalie Yann Sommer could help regulate Ticino tourism | #switzerland #tourism #yannsommer

After a viral video attracted hoards of people to Lavertezzo in the southern canton of Ticino, the locals complained about being overwhelmed. A Swiss tourism boss reveals how the industry is using a famous Swiss footballer to tempt tourists to other beauty spots in the canton. #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...

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A historical lesson in higher-education self-governance

American higher education is facing a crisis of ideological homogeneity. According to a recent survey, 72% of conservative faculty fear losing their jobs due to their speech. This alarming trend can partially be blamed on accreditation agencies. Since 2020, there has been a concerted effort to push diversity, equity, and inclusion policies into college accreditation, threatening the autonomy and values of heterodox institutions. To navigate this challenge, these...

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Alexander Hamilton’s poisoned legacy

“The Hamilton Scheme: An Epic Tale of Money and Power in the American Founding”by William HogelandNew York: Farrar, Straus and Giroux 2024; x + 575 pp.Most readers of the Mises Wire will be familiar with the account of American history developed in many books by Mises Institute President Thomas J. DiLorenzo. According to him, American history since our founding as a nation has been shaped by two conflicting traditions: one, begun by Alexander Hamilton, favoring a...

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Dollar Consolidation is Morphing into Correction

Jury duty assignment prevents a more comprehensive note, but here is a snapshot. Overview: The failure of computer systems has disrupted airlines, banks, media companies, and the London Stock Exchange, ostensibly stemming from an update from a third-party software update, according to Microsoft. The dollar is trading with a firmer bias. The consolidation, we anticipated, appears to be morphing into a correction. Weaker than expected retail sales has driven sterling...

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Government regulation of competitive firms creates monopolies

Monopolies are believed to undermine individuals’ well-being, including being the cause of large increases in the prices of goods and services. According to Jean Tirole, the 2014 Nobel winner in economics, monopolies undermine the efficient functioning of the market economy by influencing the prices and the quantity of products, making consumers worse off. Thus, monopolies supposedly cause market conditions to deviate from the ideal state of “perfect competition.”...

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