Tag Archives: 6b) Mises.org

The most recent Business Employment Dynamics (BED) summary from the Bureau of Labor Statistics shows that the US economy lost 192,000 private-sector jobs during the third quarter of 2023. According to the BLS: From June 2023 to September 2023, gross job losses from closing and contracting private-sector establishments were 7.8 million, a decrease of 37,000 jobs from the previous quarter, the U.S. Bureau of Labor Statistics reported today. Over this period, gross job...

How does a radical libertarian abolitionist attorney from the North go from passionately defending the United States Constitution–arguing that the document prohibited slavery from its ratification–to declaring the United States Constitution “unfit to exist” two decades later?Lysander Spooner wrote The Unconstitutionality of Slavery in 1845 as a response to William Lloyd Garrison, who opposed the Constitution due to its apparent preservation of slavery. Garrison was a...

Slavery existed for thousands of years, in all sorts of societies and all parts of the world. To imagine human social life without it required an extraordinary effort. Yet, from time to time, eccentrics emerged to oppose it, most of them arguing that slavery is a moral monstrosity and therefore people should get rid of it. Such advocates generally elicited reactions ranging from gentle amusement to harsh scorn and even violent assault.When people...

Last week, we looked at the weakness of the job market that belies all the happy talk from the administration about employment. For instance, we noted the fact that full-time employment is in decline, as is temporary work. We can couple this with the fact that the total number of employed persons in this economy has gone nowhere in eleven months. On top of all this, another indicator of the lackluster jobs economy is the volume of government-job growth compared to...

A thorough review of the existing literature on human rights finds a problem: it takes a book or lengthy chapter to describe them. Because of the complexity, many people misconstrue rights versus other human social engagements, such as obligations, promises, relationships, or privileges. This article summarizes an accurate but concise description of human rights theory, with a few examples, in a more readily accessible fashion that won’t require hefty research or a...

Mises is on the march, and the elites are terrified.For decades, the most powerful institutions, from academia to the corporate press, have made a concerted effort to marginalize the wisdom of Austrian economics. Their control is breaking. From Tucker Carlson to UFC, the name Ludwig von Mises has reached the masses in ways he could have never imagined.Now, we’re looking to take it to the next level.We are releasing our newest documentary, exposing how...

Today is Juneteenth. One hundred fifty-nine years ago, on June 19, 1865, Major General Gordon Granger arrived in Texas and declared that all slaves in the state were free. The following year, in 1866, residents of the town where Granger had issued the order celebrated the anniversary as “Jubilee Day.” Eventually, the name changed to Juneteenth, and in 1979, it became a Texas state holiday. Then, in 2021, President Joe Biden signed a bill designating Juneteenth as a...

With the world moving more and more in the direction of trade protectionism and war, it is worth remembering the origin of the fallacies upon which this movement is based.Michel Montaigne, the sixteenth-century minor politician and writer, is credited with the illogical view that trade and exchange result in one person winning and the other losing. Today this view is called “zero-sum thinking.” The fallacy is the foundation of former President Donald Trump’s...

Last week, a conversation with a waitress disturbed me a lot. She told me that she was homeschooling her sixteen-year old son, who is autistic, because she was afraid that he would be subjected to “tranny” propaganda and encouraged to “transition” to being a woman. Even worse, he might be put in touch with “doctors” who would mutilate him by injecting him with hormones and even castrating him, all without his parents’ knowledge. You might think the waitress was...

In responding to economic fallacies that mainstream free traders make, the American Compass makes some of their own.The American Compass—headed by Oren Cass, who once staffed Mitt Romney’s 2012 presidential campaign—is the modern descendant of Alexander Hamilton. To those unfamiliar with Hamilton beyond the Federalist Papers, that is hardly a compliment.The Compass, whose writers and staffers join a long list of protectionists gunning for a future Trump...