Tag Archives: 6b) Mises.org

The 2024 Republican platform promises that, if Donald Trump returns to the White House and Republicans gain complete control of Congress, they will reduce inflation. The platform contains some proposals, such as reducing regulations and extending the 2017 tax reductions, that may help lower prices in some sectors and spur economic growth. However, the GOP platform does not address how the Federal Reserve’s enabling of spendaholic politicians contributes to price...

Democracy is not the best political system, and its defects have been amply exposed in Hans-Hermann-Hoppe’s great book, Democracy: The God That Failed. But we do live in a democracy, for better or worse, and in this system, the winner of an election is entitled to take power. The Left doesn’t accept this. If they oppose a candidate, they will subject him to venomous hatred and suggest that it would be a good thing if he was killed. We saw this is the barrage of...

As South Africa and most countries of the West attempt to enforce a state-led program of resource allocation based on race under the aegis of “equity,” it is timely to reevaluate the lessons to be learned from Walter Williams’ account of “South Africa’s War Against Capitalism.” In this book, Williams studies the economic effects of enforcing “a pervasive system of legalized racial discrimination.”His main aim is to counter the widespread view that racial...

In discussing the Mises Institute’s June 24th full-page Wall Street Journal ad entitled “Who Needs the Fed?” on talk radio recently most of the interviewers naturally expressed skepticism over whether the Fed could ever actually be abolished and a gold-and-silver standard reinstituted. It reminded me of something Murray Rothbard said about this. If the government had monopolized say, shoe production a hundred years ago and someone suggested the privatization of shoe...

Recently, the Biden administration introduced plans to limit increases in apartment rents to 5% annually. Far from a straightforward cap, this plan contains various nuances, which I will explain below. Nevertheless, the basic fraud on display here is twofold.First, the state continues to ignore private property rights while manipulating markets with price controls – an attempt to commandeer the market’s fundamental role of price discovery and place it in the hands of...

The cost of a hoaxThe scandal surrounding Canada’s Kamloops Indian Residential School (1890-1969, British Columbia) is an ultracautionary tale about the damage inflicted by self-interested politicians and activists, backed by a media that toes the line. The 2021 scandal sprang from the alleged discovery of 215 graves of indigenous children. They were said to have died under suspicious circumstances at the Catholic-run school and then buried in unmarked graves behind...

The assimilation of degrowth ideas into the mainstream portends dire consequences for economic well-being. Degrowth is trumpeted as the solution to averting a climate catastrophe, but it will reverse the economic fortunes of practitioners. Sustained economic growth became the norm recently in history, and surely most people don’t want a return to a preindustrial era with episodic growth and lower living standards. The typical person today would be reluctant to trade...

If you read the latest OECD publication, “Employment Outlook 2024: The Net Zero Transition and the Labour Market,” you would imagine that the world has not gone through the largest monetary and fiscal stimulus in decades.The results are so poor, they are embarrassing. Furthermore, the report illustrates the impoverishment of citizens and subtly suggests that achieving the net zero goal will present an even greater challenge. Translation: You will be even...

[unable to retrieve full-text content]Jason Purcell joins Bob to discuss his historical analysis of yield curves (in both UK and US) going back to the 1870s, which shows that central banks do indeed manipulate short-term interest rates. [embedded content] Tags: Featured,newsletter

National Conservatives are a growing movement on the political right. They are largely united by their belief in the failings of liberalism, in protectionist trade policy, a halt to mass migration, and a more Christianized nation. The attendees of this year’s conference, hosted by the Edmund Burke Foundation, focused on many topics: free trade, their desire to decouple from China, weaponization of government, bureaucracy in government, and even the building of...