Tag Archives: 6b) Mises.org

If we read between the lines, it is apparent that the Fed is hoping that price inflation will fall to politically acceptable levels without any additional tightening, and without a recession.  But "hope" is all the Fed has.  Original Article: The Fed Holds the Fed Funds Rate Steady—Because it Doesn't Know What Else To Do [embedded content]...

Today marks the birthday of Ludwig von Mises, and day 5 of our annual Fall Campaign. The intellectual achievements of Ludwig von Mises make him one of the greatest minds in human history. His contributions to Austrian economics inspired new generations of scholars, from Murray Rothbard and F.A. Hayek to current leaders like Joe Salerno, Ron Paul, and Patrick Newman. He is the most powerful intellectual opponent to socialism the world has ever known, and his work on...

But once a commodity is established as a money on the market, no more money at all is needed. —Murray Rothbard, Taking Money Back The Fed’s distinguishing characteristic is its grant of privilege to buy assets with money it doesn’t have. No other person or institution can legally do this; those that tried would be indicted for counterfeiting. At the very least you might think this would raise eyebrows, but it doesn’t except in fringe quarters. It is simply part of...

Just-wage theory tells us that an employer cannot reduce his workers' wages below some presumed "cost of living." Yet, that same employer can be permitted to reduce the worker's wage to zero if the worker has been replaced by a machine.  Original Article: Why the "Just Wage" Theory Doesn't Make Much Sense [embedded content]...

If we search the news from 2007, we can find plenty of headlines with the IMF and the Federal Reserve predicting a soft landing. No one seemed to worry about rising imbalances. The main reason is that market participants and economists like to believe that the central bank will manage the economy as if it were a car. The current optimism about the U.S. economy reminds us of the same sentiment in 2007. Many readers will argue that this time is different, and we will...

The US consumer sentiment index, compiled by the University of Michigan, fell to 69.5 in August from 71.6 in July. A weakening consumer sentiment index is seen as indicating a potential downturn in consumer spending and the economy in general. Most economic commentators agree that individual consumption rather than saving is the key to economic prosperity. Saving, they believe, hinders economic growth because it coincides with weakening demand for goods. In this...

Join the Mises Club Carolinas for their next Meetup on Saturday, October 7 in Spartanburg, SC. Timothy and Sarah Terrell will host the event at Initial Q Smokehouse from 4:00 - 8:00 p.m. The topic is "Education and Career Preparation from an Austrian Perspective."  To register or for more information, please contact Kent Misegades, [email protected]. [embedded content]...

Rothbard Graduate Seminar is an intense study of Misesian and Rothbardian economic analysis with applications to current research and related fields. Participants discuss a common set of readings with each other and Mises Institute faculty, who give advanced lectures on the material. The goal is to equip graduate students with a solid understanding of the ideas of Mises and Rothbard, so that they may apply it to their graduate studies and research. The core text for...

Recorded in Nashville, Tennessee, on September 23, 2023. The Liberty Movement’s Pro-War Fifth Column | Ted Galen Carpenter Video of The Liberty Movement’s Pro-War Fifth Column | Ted Galen Carpenter [embedded content] Tags: Featured,newsletter

Recorded in Nashville, Tennessee, on September 23, 2023. Limitless Money and the Limitless Fed | Jonathan Newman Video of Limitless Money and the Limitless Fed | Jonathan Newman [embedded content] Tags: Featured,newsletter