This weekend a wannabe-assassin tried to kill former President Donald Trump, injuring him and two others and killing another man: Core Comperatore, who shielded his wife and daughter from gun fire. The man responsible is reported to be Thomas Matthew Crooks, who missed Trump’s head by mere inches. Crooks shot from atop a building to Trump’s right, somehow not being halted by the Secret Service. Tensions have been high since seeing it as a gross act of violence from...
Read More »The Regime No Longer Wants Biden
After the first presidential debate on June 27, 2024, the media did something no one suspected: they began running headlines questioning President Biden’s mental capacity. CNN named its first analysis, titled “Biden’s disastrous debate pitches his reelection bid into crisis.” The author claimed that “objectively, Biden produced the weakest performance since John F. Kennedy and Richard Nixon started the tradition of televised debates in 1960.”In the same analysis, the...
Read More »How Corporate Bailouts Inflate the Money Supply
Many claim the problem with fractional reserve banking is that it loans money into existence. It does, but under normal circumstances the money created by commercial banks disappears when loans are repaid or defaulted on, which therefore doesn’t create a permanent inflation of the money supply. Government intervention, however, converts temporary money into permanent money through bailouts like TARP. They purchase loans that would have been defaulted on, preventing...
Read More »Warmongers Win in The French Legislative Election while Everyone Else Loses
After the recent election in France, the mainstream media is jubilant at the defeat of the far-right coalition. Polls up until election day predicted a likely win for the right-wing National Rally and its allies. This was not the case. While the National Rally won the most vote share, due to strategic voting and election runoffs, the right-wing coalition won third place in the National Assembly. Macron’s centrist coalition, Ensemble, won second place, with the...
Read More »Joe Biden’s Meltdown and Its Implications
My wife and I comprised an “Oreo family” at one time. We were the filling between raising children and helping parents age. The Kids are good, they are happy, and have satisfying careers that fit their talents. All our parents have passed.As our parents aged, one with Alzheimer’s and another with Lewie Body Syndrome, we shared parents on the dementia spectrum. We shared the collective grief and dismay of watching our parents pass with extraordinarily little...
Read More »The Goose That Laid the Golden Eggs
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....
Read More »The Absurdity of Intellectual Property Laws
In a previous article, I explored the absurdity of intellectual property, the unfair and inefficient monopoly privilege it confers on those savvy enough to play the legal system well. By being nonscarce, nonrivalrous objects like ideas or sound waves strung together in a specific order, they can’t be property economically speaking. Nobody can “own” vibrations or reasonably punish me for using your grandmother’s recipe for meat stew. (This is also the reason cultural...
Read More »The Limitations of Economic Laws
A quotation from Die Transvaler in 1958, cited by Walter E. Williams in his book “South Africa’s War Against Capitalism,” illustrates a widespread misunderstanding about the nature and purpose of the laws of economics. The political choice to be made by Afrikaner nationalists during the apartheid years was whether to pay a price in terms of economic progress by rejecting free markets, freedom of association and contractual freedom as a trade-off necessary to...
Read More »The Impact of Interest Rates on Economic Growth: An Austrian Perspective
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....
Read More »It All Began When the Government Tried to Make Housing More Affordable
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....
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