Tag Archives: 6b) Mises.org

President Biden claims that spending money to send weapons and ammunition around the world is good for the US economy. Original Article: Don't Fall for Biden's Latest Talking Point [embedded content] Tags: Featured,newsletter

“Whenever and however [government] is instituted, the people must cede to it some of their natural rights in order to vest it with requisite powers.” (emphasis added) —John Jay, “Federalist No. 2” “Like breathing, [government] is not permitted to depend on our volition. Necessity will force it on all communities in some one form or another.” —John C. Calhoun, A Disquisition on Government “But whether the Constitution really be one thing, or another, this much is...

Thanks to the exponential growth of government and regulation, the optimistic society of Back to the Future is fast becoming the dystopian world of Escape from New York or Death Wish. Original Article: Back to the Future Morphs into Dystopia [embedded content] Tags: Featured,newsletter

At the end of September, I reported how a recent article in the Army War College academic journal examined lessons learned from the war in Ukraine and that one of the most concerning was the claim that the military might need to reinstate the draft in order to wage a high-intensity war. I argued at length that this was an example of the military laying the groundwork to resume the draft and laid out the reasons why it might be necessary from the regime’s...

This article is a brief analysis of the US economic situation from the point of view of the Austrian School of Economics. It is strictly macroeconomic: a deductive hypothesis of what is happening in the aggregates. Let us place ourselves in the months immediately after the arrival of covid-19, the first quarter of 2020. As an economic policy measure, the US government decided to increase the money supply. Through different mechanisms, they put an unprecedented amount...

Is a true populist US government on the horizon? Probably not. Original Article: The Spirit of the Establishment Will Thrive under a “Populist Opposition” Government [embedded content] Tags: Featured,newsletter

The New York Federal Reserve said on Tuesday, September 5, 2023, that the estimate for the neutral rate for Q2 has eased to 0.57 percent from 0.68 percent in Q1. Analysts typically translate that rate into a real-world setting by adding the neutral rate to the Fed’s 2 percent inflation target. The current reading suggests that a federal funds rate of around 2.5 percent would represent a neutral setting. Given that the Fed’s current target rate range is between 5.25...

While most economists admit that value is subjective, they still err by concentrating on scarcity and choice instead of purposeful action by individuals. Original Article: The Objective Science of Subjective Value [embedded content] Tags: Featured,newsletter

Bloomberg reports that price inflation in Turkey was more than 60 percent in September. The 61.5 percent reading was released by the Turkish government’s statistical office. Being on the ground in Turkey for Hans-Hermann and Gülçin Hoppe’s Property and Freedom Society meeting, I can say the vibe was not hyperinflationary. The shelves are not empty and the port city of Bodrum is booming. Professor Hoppe told the crowd Bodrum has grown from a population of fifty...

Because Federal Reserve policies distort the economy and create perverse incentives, Disney also must deal with intellectual property issues. The combination of the two will ruin the Snow White story. Original Article: Thanks to the Combination of the Fed and IP, Snow White 2024 Is a Terrible Movie [embedded content]...