Tag Archives: 6b) Mises.org

In around three months’ time, the Biden administration will be out of office. Exits typically prompt reflection. For an outgoing administration, the chief task is to shape the narrative. Secretary of State Antony Blinken’s recent legacy-molding foray grounds the Biden administration’s legacy in the “fierce competition” with the “revisionist powers”—Russia, Iran, North Korea, and China—who want to bring down America and dominate the international order at the US...

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order....

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order....

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order....

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order....

For religions throughout the world, established rules, studies, and practices are instrumental for their legitimacy. Established religious institutions throughout the world train theologians to study the nature of God and their belief system. For the Sunni Muslims, theologians in the Hanafi school consist of legal studies in line with Islam, while others like the Murji’ah sect focus on moral teachings of work and faith. Catholics too prescribe specialized areas of...

Albert Jay Nock’s Our Enemy the State, which was published nearly ninety years ago in 1935, had a great influence on Murray Rothbard, transmitted though his friend and mentor Frank Chodorov, who was Nock’s main follower. The book is rich in insights, some of which I have discussed in a forthcoming review for The Misesian, but there are many more. In what follows, I’ll comment on some of these.Nock distinguishes two ways in which people in a community can co-exist....

For years I have held up Venezuela in my economics classes as an example of bad government policy. Now it appears that the fallout from those policies has led to more crime being exported to cities across the US. Perhaps unsurprisingly, due to our proximity to the border, San Antonio is one of those cities.SAPD, along with “multiple state and federal agencies,” arrested several people in a northside apartment complex last weekend on suspicions of human trafficking,...

Modern Monetary Theory (MMT) posits that booms and busts can be explained by private versus public sectoral balances and the inherent instability of private financial markets. Stephanie Kelton frequently points to this graph of public and private surpluses and deficits:The red bars show the government’s budget as a percent of GDP. When the government spends more than it collects in taxes, it runs a deficit and sells debt. The government’s debt is sold domestically...

Voluntary exchange is the core of all market economies. It is the lifeblood that propels innovation, societal welfare, and progress, creating intricate webs of interconnected transactions that heighten productivity. In pursuit of profits, businesses sell and improve their products to outperform competitors and increasingly capture market shares, spurring the development of novel ideas and solutions. As Michael Matulef puts it, “The constant push for improvement and...