Tag Archives: Featured

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 resilience of the US economy and stickiness of price pressures spurred a reassessment of the trajectory of Fed policy. This sparked a sharp rise in US interest rates and extended the dollar’s advance. The somewhat disappointing April jobs report and a softer CPI report in the middle of May could signal that the interest rate adjustment is over. Federal Reserve Chair Powell played down the likelihood of the need to lift rates again, and as it was in  Q4 23, when...

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....

Many libertarians hold the view that state coercion is wrong, regardless of the ends to which that coercion is deployed. It is wrong for the state to force people apart in an apartheid system, and it is also wrong for the state to force people to engage in “inclusivity” under systems of equity and diversity which force people into contractual relations against their will for example in the context of employment or housing. This is what Lew Rockwell meant when he...

From everything I read you would think we were incapable of solving social problems.In truth, we find matters only getting worse because the proposed solutions almost always involve the culprit—the state—taking more control over our lives.The state is a box we desperately need to think outside of if we’re ever going to establish civil relations among people. We would do well to remember that the state is absolutely not in the business of making our lives better. It...

This article is adapted from a lecture delivered to the Federalist Society: The Federal Reserve is a fundamental problem for the Constitutional order of the American Republic. How can it be that it considered itself able to unilaterally impose permanent inflation on the country, without legislative debate or approval?The shifting theories believed by central banks are among the most important of macro-economic factors. For example, William McChesney Martin, chairman...

HR 7521, called the Protecting Americans from Foreign Adversary Controlled Applications Act, is a recent development in American politics. TikTok has been in the news for the past few years, after the public became aware of its connections to China. The popular social media mobile app is currently owned by ByteDance Ltd, a Chinese company. China and the United States currently have a rocky relationship, leading to fears that the Chinese government could potentially...

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....

Rebellion: How Antiliberalism Is Tearing America Apart—Againby Robert KaganAlfred A. Knopf, 2024; 243 pp.Robert Kagan, a senior fellow of the Brookings Institution, has acquired over several decades a well-deserved reputation as a defender of war. Like Woodrow Wilson, he believes the world must be made safe for democracy. He strongly supported George W. Bush’s war against Iraq, and though the war is widely regarded as a failure, Kagan disagrees. Bush was right, and...

Overview: The greenback is trading with a softer bias ahead of the US jobs report. Solid, even if not spectacular job growth, is expected. However, recent survey data warns of the downside risks. Moreover, counter-intuitively, the dollar has not often rallied this year into the employment data, but frequently has in response. The dollar is softer against the G10 currencies. The Norwegian krone is the strongest, up about 0.6% after the central bank delivered a...