Tag Archives: 6b) Mises.org

ATO’s post–Cold War history is that of an organization far past its “sell-by” date. Desperate for a mission after the end of the Warsaw Pact, NATO in the late 1990s decided that it would become the muscle behind the militarization of “human rights” under the Clinton Administration. Gone was the “threat of global communism” which was used to justify NATO’s 40-year run, so NATO re-imagined itself as a band of armed Atlanticist superheroes. Wherever there was an...

Canada created its central bank during the Great Depression, ostensibly to stabilize the currency and protect the banking system. Today, that system is falling apart, thanks to inflationary central bank policies. Original Article: "Canada’s Legal Counterfeiting Ring Is a Product of Progressive Democracy" [embedded content]...

It is widely held that a growing economy requires a growing money stock because economic growth increases demand for money. Many economists also believe that failing to accommodate the increase in the demand for money leads to a decline in consumer prices. This could destabilize the economy and produce an economic recession or even a depression. Some economists who follow Milton Friedman—also known as monetarists—want the central bank to target the money supply...

A bedrock of Austrian economics and libertarianism has been free trade. Unfortunately, some people who claim to value liberty no longer value unhampered exchange. Original Article: "Are Libertarians Abandoning Free Trade?" [embedded content] Tags: Featured,newsletter

Socialists have managed to acquire the loyalty of a coalition of disparate groups by championing the principle of personal liberty. Especially in the United States, many women, disabled, gay people, transgender people, racial and ethnic minorities, and immigrants are among the proud supporters of the socialist cause, foolishly believing that capitalism or the free market is antithetical to their livelihood or lifestyles. They could not be more wrong. Unfortunately,...

Even after two years of "transitory" inflation, America's ruling classes insist that prices are falling and that all of this is temporary. We don't believe them. Original Article: "The Ruling Classes Are Inflation Deniers and the Ship of Fools Sails On" [embedded content] Tags: Featured,newsletter

Members of the U.S. House of Representatives are set to vote this week on new legislation that would greatly increase the federal government's power over private businesses, workers, and US citizens. Unfortunately, much of the GOP majority is supportive of the legislation—the “Border Security and Enforcement Act of 2023” (HR 2640)—because it is being marketed as a bill "to secure the border."  Much of the bill contains reasonable provisions such allowing state...

Speculation is still swirling about why Tucker Carlson was cancelled by Fox News. The major mainstream outlets have credited his dismissal to a few leaked text messages and video footage revealing Carlson making “crude and offensive” comments off air. Some outlets pointed to the lawsuit brought against Fox and Carlson by Abby Grossberg. Still others claim that the Dominion Voting defamation suit was the impetus for the ouster. I have given a different explanation....

In the previous two articles in this three-part series on bipartisan comprehensive political reform, we dealt with the excuses for extortion and evasion such claims for reform provide and with the fact that such claims often lead to more comprehensive ignorance being applied to social problems. Now, we turn to the question of comprehensive reform versus piecemeal reform. When it comes to bipartisan comprehensive political reform, beyond its rhetorical use to enable...

Behind closed doors, the report is already making the rounds in expert circles: if you follow the rules of sound commercial accounting, the United States Federal Reserve (Fed) has lost its equity and is, as common language would have it, bankrupt. What happened? During spring 2020 (i.e., in a period of extremely low interest rates), the Fed purchased large amounts of government bonds and mortgage bonds to support the economy and financial markets during the covid...