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 »Distinguishing Libertarian Philosophy from Political Strategy
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 »Coyning US into War
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 »Scott Galloway’s TED Talk Reveals a Basic Ignorance of Economics
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 »Resisting the Brave New Culture
The culture wars are often depicted in the press as attacks launched by conservatives who are resistant to cultural change. The Guardian, for example, depicts culture wars as “wedge issues” that are “conjured up” by conservatives in a futile attempt to dictate opinions to voters but which only end up “turning young voters to the left in western countries.” In 2004, an interdisciplinary conference in Virginia gathered to discuss the theme “Countering Kulturkampf...
Read More »The First French Communists: The Conspiracy of the Equals
[This article is excerpted from An Austrian Perspective on the History of Economic Thought (1995), volume 2, chapter 9: “Roots of Marxism: Messianic Communism,” section 3, “The Conspiracy of the Equals.” Inspired by the works of Mably and especially Morelly, a young journalist from Picardy decided, amidst the turmoil of the French Revolution, to found a conspiratorial revolutionary organization to establish communism. Strategically, this was an advance on the two...
Read More »A Critique of Latin American Neocons
In attempting to counter Marxists, some libertarians inadvertently align themselves with statist institutions and support immoral war efforts. This concession to evil contradicts the foundational principles laid out by authors like Murray Rothbard and should be challenged.A couple of months ago, I heard such a naïve perspective from an Argentinian libertarian in an X Spaces, reflective of a broader trend within the libertarian liberty movement. Recent foreign...
Read More »Calmer Markets to Start the New Week
Overview: The US dollar is firmer against most G10 currencies to start the new week. The euro is a notable exception. It is only slightly higher but confined to a narrow range around $1.07. On the other hand, most emerging market currencies are firmer, but for a few Asia-Pacific currencies, including those of China, South Korea, and Taiwan. The Mexican peso is consolidating but it is also lower on the day. The tone is largely consolidative. Equities have begun...
Read More »How Washington and the Fed Caused the Commercial Real Estate Crisis
Mainstream financial news today is replete with stories about “distress” in the commercial real estate market. But what is the precise nature of this distress, and what implications does it have for those outside of the respective industry or asset class? More importantly, what set of factors contributed to the distress, and what does that say about its potential alleviation?Broadly, “distress” in the commercial real estate context refers to the inability of a...
Read More »Saudi Arabia Drifts Away from Washington and the Dollar
Earlier this week, those of us who follow news about the US dollar’s global status noticed numerous claims that the US-Saudi petrodollar agreement had “expired” and that the Saudis would now sell oil for many currencies other than dollars. Some versions of the story even claimed the Chinese yuan would replace the dollar. The reports appear to have originated either in India or in publications that cater to crypto investors. Fervor over the story was large enough that...
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