Tag Archives: 6b) Mises.org

In the old days, the Federal Reserve operated in obscurity "behind the curtain". Today, they are front-and-center for the stock market. Total credit card debt in the US is now over $1.1 Trillion. In this episode, Mark looks at the disconnect between the Fed, the stock market (featured in the last episode), and the Real Economy. Be sure to follow Minor Issues at Mises.org/MinorIssues. Get your free copy of Dr. Guido Hülsmann's How Inflation Destroys...

Natural rights are often regarded with deep suspicion by lawyers and economists, who are wary of the wild and extravagant demands framed in the language of human rights. A good example is the United Nation’s list of fundamental human rights, which Antony Flew derides as absurd in “Could There Be Universal Natural Rights?”: “A right to social security” (Article 22) . . . “the right to . . . periodic holidays with pay” (Article 24) . . . “the right to a standard of...

The Western ruling elite has become oligarchic in nature; its political and economic influence is disproportionate and even harmful to society. It is necessary, therefore, to review its historical evolution and expose its current goals. Firstly, it must be recognized that it is natural and necessary for society to have an elite. Murray Rothbard wrote about the ideal of “natural aristocrats” who “live in freedom and harmony with their fellows, and rise by exercising...

The preliminary schedule for the conference is here. Students apply here for a scholarship. The Austrian Economics Research Conference is the international, interdisciplinary meeting of the Austrian school, bringing together leading scholars doing research in this vibrant and influential intellectual tradition. 2024 marks the 50th anniversary of the South Royalton Austrian Economics Conference. In honor of this landmark event, there will be sessions and lectures...

On February 13, 2024, Bob participated (with Jim Rickards, Brent Johnson, and Michael Every) in a ZeroHedge debate on the fate of the USD. In this episode of the Human Action podcast, Bob highlights some of the key issues and explains why he thinks his side won. Murphy Gives Post-Game Analysis of ZeroHedge Dollar Debate Video of Murphy Gives Post-Game Analysis of ZeroHedge Dollar Debate The ZeroHedge Debate:...

In Artis Shepherd’s recent article, which I highly recommend, he aptly detailed the numerous benefits of homeschooling and data showing that homeschooled students—far from being socially stunted, academically insular young people—are actually generally high-achieving, socially adroit young adults ready to provide value in the world. Thus, in this commentary, I want to address a common argument against homeschooling: namely, that homeschooling is a breeding ground for...

US fiscal realities are well known. Total federal debt outstanding has now reached $34 trillion, up from $98 billion in 1981, $5.67 trillion in 2000, $13.56 trillion in 2010, and $26.95 trillion in 2020. And at 120 percent of the US economy’s productive capacity (gross domestic product), the federal debt matches that at the end of World War II. That $34 trillion, when spelled out, is the number thirty-four followed by twelve (count ’em) zeros separated by four...

In recent months, stories from both the legacy media and the independent media have continued to pile up on how undocumented foreign nationals—also known as “migrants” and “illegal aliens”—are able to take advantage of a vast network of taxpayer funded benefits in daycare, medical care, housing, and more. For example, both the New York Post and Denver Post report that these foreign nationals have “overwhelmed” the Denver Health hospital system in Denver, and that the...

Government and state are terms typically used synonymously these days. But if a state is an institution with a monopoly on the allowable use of aggression in a given territory, is a government always this as well? We know governing is needed in lots of private non-monopoly-wielding institutions, from large manufacturing corporations to local tennis clubs. So if we think outside the state, we can find ways that private governments can be established and developed to...

On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop are joined by Doug French to discuss the health of US banks, the specific dangers of commercial real estate debt, and the risks of industry consolidation. Discussed on the Show “The Fed Claims the Banking System is “Sound and Resilient.” The Banks’ Balance Sheets Say Otherwise” by Douglas French: Mises.org/RR_173_A “The Fed Prepares for a Bank Crisis While Telling Americans the Economy is Strong” by...