Tag Archives: 6b) Mises.org

In 1975, after nearly a decade of outright conflict, the United States government abandoned its doomed escapade in Vietnam. It left a devastated country and over a million corpses in its wake. The corrupt South Vietnamese regime, already teetering on utter collapse, completely dissolved without American support. And the Communist forces of North Vietnam eagerly descended on Saigon, impatient to implement their antimarket and antiproperty policies. What followed was a...

[William Peterson was the 2006 Schlarbaum laureate, and here is his acceptance speech, delivered October 8, 2005.] Gary Schlarbaum, I thank you for this award and high honor from your grand legacy in loving memory of a genius in our time, Ludwig von Mises (1881–1973). But let me say up front, fellow Miseseans, meet me, Mr. Serendipity, Bill Peterson, here by a fluke, a child of fickle fate. For frankly I had never heard of the famous Mises when I took his course for...

European politicians are eager to be seen as “doing something” to oppose the Russian regime following Moscow’s invasion of Ukraine. Most European regimes have wisely concluded—Polish and Baltic recklessness notwithstanding—that provoking a military conflict with nuclear-armed Russia is not a good idea. So, “doing something” consists primarily of trying to punish Moscow by cutting Europeans off from much-needed Russian oil and gas. The problem is this tactic doesn’t...

Money printing may bring rising wages, but it also brings rising prices for goods and services. And those increases are outpacing the wage increases. Original Article: “Real Wages Fall Again as Inflation Surges and the Fed Plays the Blame Game” According to a new report released Wednesday by the US Bureau of Labor Statistics, the Consumer Price Index increased in March by 8.6 percent, measured year over year (YOY). This is the largest increase in more than forty...

[This article was published in in The Irrepressible Rothbard, available in the Mises Store.] Upon the collapse of centralizing totalitarian Communism in Eastern Europe and even the Soviet Union, long suppressed ethnic and nationality questions and conflicts have come rapidly to the fore. The crack-up of central control has revealed the hidden but still vibrant “deep structures” of ethnicity and nationality. To those of us who glory in ethnic diversity and yearn for...

In a recent episode of “The Problem With Jon Stewart,” the former Daily Show host asks former president of the Kansas City Fed Thomas Hoenig why the Fed couldn’t have bailed out homeowners, or just “quantitative ease” away the Treasury’s debt. Hoenig gives muddy answers, so Bob tries to clarify. Mentioned in the Episode and Other Links of Interest: Jon Stewart’s full interview with Thomas Hoenig Jon Stewart skewers Paul Krugman Jon Stewart interviews Kelton and...

At the end of March this year the difference between the yield on the ten-year Treasury bond and the yield on the two-year Treasury bond fell to 0.010 percent from 1.582 percent at the end of March 2021. Many analysts believe that a change in the shape of the yield spread provides an indication regarding where the economy is heading in the months ahead, with an increase in the yield spread raising the likelihood of a possible strengthening in economic activity in the...

The government’s latest report puts the twelve-month official consumer price inflation rate at 8.5 percent, the highest since December 1981: As economists debate the causes of, and cure for, this price inflation, it’s worth recounting which schools of thought saw it coming. Although individuals can be nuanced, generally speaking the Austrians have been warning that the Fed’s reckless policies threaten the dollar. In contrast, as I will document in this article, two...

[Editor’s note: Earlier this month Dr. Hans-Hermann Hoppe appeared on SERVUS TV for a discussion “On State, War, Europe, Decentralization and Neutrality.” An English translation of the transcript was prepared by Leonhard Paul, a law student from Germany.] Interviewer: I would like to welcome our second guest in the studio. It is the philosopher and economist with an international range Hans-Hermann Hoppe. Nice to meet you, Mr. Hoppe. The dream of a united Europe, the...

What drives customer behavior and customer choices? It’s the existential question for business; you’ve got to know the answer. But it’s a mystery, hard to unlock. The solution to this answer lies in what market researchers call insights, based on the Austrian deductive method that we summarized in episode #164 with Per Bylund (Mises.org/E4B_164). In episode #165, we talk to Darshan Mehta, a lifelong professional in the field, an advisor to global and local brands,...