Tag Archives: 6b) Mises.org

Adam Tooze’s The Wages of Destruction (2006) has remained since its publication one of the most influential studies of the Nazi economy. Tooze, an economic historian who teaches at Columbia University, writes from a leftist perspective and does not appear to be familiar with the work of Ludwig von Mises, but the interpretation he offers of the aims of Nazi economic policy is the same as that of Mises. In what follows, I will first discuss Mises’s analysis and then...

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....

The “ease of doing business” rankings is a list of countries ranked according to how easy it is to register, start, and maintain a business in that country. While its methodology is not perfect, it does attempt to take into account several important factors such as cost and time to start a business, property registrations, tax burdens, and the enforcement of contracts. It should be no surprise that the countries that hover around the top of these rankings are some of...

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....

In the recent criminal prosecutions of Donald Trump and Hunter Biden, prosecutors and others emphasized that “no one is above the law.”Really? No one?How about retired Lt. Gen. James R. Clapper, Jr.? When he was serving as the Director of National Intelligence, he got caught lying under oath to Congress after he falsely denied that “the NSA was collecting data on millions or hundreds of millions of Americans.”Imagine Clapper’s surprise when Edward Snowden revealed...

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....

On May 14, Alexey Pertsev, one of the lead developers of Tornado Cash (TC), was found guilty of money laundering by a Dutch court and sentenced to sixty-four months in prison. TC is a privacy-preserving protocol developed for the Ethereum blockchain: it allows users to deposit funds in a TC pool and withdraw them to a different address, thus making it impossible for external observers to track financial activity. TC is completely noncustodial, meaning that users are...

In his book, Democracy: The God That Failed, Hans-Hermann Hoppe talks about the neoconservative movement in the U.S. emerging in the late 1960s and early 1970s, when the left became increasingly involved with Black Power, affirmative action, pro-Arabism, and the counterculture of those times. In opposition to all this,many traditional left-wing (frequently former Trotskyite) intellectuals and cold war “liberals,” led by Irving Kristol and Norman Podhoretz, broke...

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....

Gresham’s law states that bad money drives out good money. Gresham’s law goes something like this: overvalued money that has less actual value circulates in a market economy, and the undervalued money with the same face value but whose metal has more value is hoarded and thus goes away. People move the good money out of an economy for future use in better markets, while the bad money is circulated and takes over as a common economic good. What does Gresham’s law have...