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Dr. Gary Schlarbaum, one of our generous supporters, has again offered to match all donations received through December 7. That means your $10 donation becomes $20, your $25 donation becomes $50, and so on.
With a donation of $25 or more, you’ll receive a copy of Jeff Deist’s The Imposers and the Imposed Upon. And, thanks to Gary, your donation doubles. Please donate today.
Your gift allows the Mises Institute to be bigger and better in 2021. We want to offer more free books, articles, and videos to students all over the world. We want to share our ideas with as many people as possible. Your gift is vital for us to do more!
You can set up a monthly sustaining donation through our secure website using a debit or credit card. In special recognition of our Sustaining Members, your donation will receive an extra match! Your $10 donation becomes $30, a $25 donation becomes $75, and so on. Donations can be changed or stopped at any time.
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The Fed’s Latest Lie: It Can Make Everything Go Back to Normal
2020-09-05
The Fed Emperor’s New Clothes Show is a continuous comedy without laughter. The latest act, the virtual Jackson Hole conference (August 27), was dreadful. The show’s audiences are accustomed to the Fed chair and his board delivering solemn pronouncements about their aims—low inflation, high employment, and financial stability.
The EU’s Drive toward Political Centralization Will Doom Its Economy
2020-09-10
In the wake of the economically disastrous covid-19 shutdowns, the political class has desperately tried to save the failing euro system. On July 21 European leaders agreed on what they called a "historic" deal. It was nothing more than a multitrillion euro stimulus package.
The Evidence Keeps Piling up: Lockdowns Don’t Work
2020-09-17
Extraordinary measures require extraordinary evidence. Have the advocates for lockdowns made their case? The data suggests they have not.
This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.
Original Article: "The Evidence Keeps Piling up: Lockdowns Don’t Work".
The Saving Problem in America: Alternatives and Reforms
2020-09-18
Since before covid-19 and the lockdown, I have written articles that touch on the purpose and importance of personal savings, and more importantly, why the lack of personal savings was going to make an economic crisis in the year 2020 potentially tragic for most Americans.
As a result, I have been interviewed a couple of times specifically on the topic of personal savings. These interactions have indicated to me that people do not understand the importance of savings and rather believe the demonization of savings as a “leakage” from the economic system and that hoarding money is one of the greatest threats to the economy.
Even more importantly, I discussed the reasons why Americans save so little and the related dangers, and I discussed how you can get around those government interventions
The Second Act Will Be Worse Than the First: Lockdowns Are Not the Answer
2020-10-10
In the first presidential “debate” (I use that word creatively), Joe Biden hinted that he would order a national lockdown in order to “defeat” the covid-19 virus, and there certainly seems to be a consensus in the media and among political elites that if there is another “outbreak” of covid, then the “shelter in place” order will be the law of the land.
A Critique of the Labor Theory of Value
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Before proceeding, we should be clear on what an economic theory of value is supposed to do: its task is simply to explain the exchange value of particular goods and services. That is, an economic theory of value must explain why someone selling good X can receive x berries in exchange for it, whereas someone selling good Y will only find someone willing to give up y berries in exchange for his good (where y
Why There’s So Much Confusion over What “Inflation” Means
2020-10-17
Understood properly, inflation is not a general increase in prices but is an increase in the money supply "out of thin air" which brings about the impoverishment of wealth generators. When inflation is seen as a general increase in prices, then anything that contributes to price increases is called inflationary.
Was Rothbard a Populist?
2020-10-29
Why did Murray Rothbard embrace populism and why did he think it could work to limit the power of the state? In short, Rothbard believed that a small elite had seized the power of the state to fleece and oppress the majority. Rothbard was in part basing his ideas on the historical narrative of the Democratic populists of the nineteenth century who formed the party of sound money, low taxes, and decentralized power. This laissez-faire party also managed to win a lot of elections.
Be sure to follow Radio Rothbard at Mises.org/RadioRothbard.
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