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Tag Archives: 6b) Mises.org

America Now Has Fewer Employed Workers than It Did a Year Ago

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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Conceptual Clarity in Dismantling Economic Jargon

It might seem like common sense to say that good ideas should be clear, but the notion that good ideas should be obscure and inaccessible to laymen has long been prevalent in academic circles. Murray Rothbard describes Keynes’s General Theory of Employment, Interest, and Money as, “not truly revolutionary at all but merely old and oft-refuted mercantilist and inflationist fallacies dressed up in shiny new garb, replete with newly constructed and largely...

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Is Artificial Intelligence the Next Easy-Money Bust?

Since early 2022, the big buzz in the tech industry, and among laymen in the general public, has been “artificial intelligence.” While the concept isn’t new—AI has been the term used to describe how computers play games since at least the 1980s—it’s once again captured the public’s imagination.Before getting into the meat of the article, a brief primer is necessary. When talking about AI, it’s important to understand what is meant. AI can be broken down into seven...

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Where Will All the Money Go?

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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The Taboo Against Truth: Holocausts and Historians

“Speaking truth to power” is not easy when you support that power. Perhaps this is the reason why so few Western historians are willing to tell the whole truth about state crimes during this century.Last fall the Moscow News reported the discovery by two archaeologist-historians of mass graves at Kuropaty, near Minsk, in the Soviet republic of Byelorussia.  The scholars at first estimated that the victims numbered around 102,000, a figure that was later revised to...

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The Origin of Money: Menger vs. Graeber

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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Libertarianism vs. Microlibertarianism

Libertarianism is a consistent and principled philosophy that is absolute in scope and universal in application.We can begin with this classic description of libertarianism by libertarianism’s greatest theorist, Murray Rothbard (1926–1995):Libertarianism is not and does not pretend to be a complete moral, or aesthetic theory; it is only a political theory, that is, the important subset of moral theory that deals with the proper role of violence in social life....

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JLS: Laws of Economics under Socialism

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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Diego Garcia and Cocos Islands: Another Example of US Imperialism

The United States is continuing its practice of insisting dominance in the Indian and Pacific oceans. Washington maintains a large military base on Diego Garcia in the Indian Ocean, and is now beginning to examine the Cocos Islands’ strategic value. American action increased significantly in the region after the British left Mauritius in 1968. At that point, the British decided to hang on to the Chagos Islands, incorporating them into the current British Indian Ocean...

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How to Contradict Yourself about Rights

The First Amendment: Essays on the Imperative of Intellectual Freedomby Tara Smith, Onkar Ghate, Gregory Salmieri, and Elan JournoAyn Rand Institute Press, 2024418 pp.What is the source of human rights? Are they derived from man’s nature, or are they simply privileges that the government grants to its citizens? Or is some intermediate view also an option? According to Murray Rothbard and Ayn Rand, the first of these positions is correct.Tara Smith—the principal...

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