Obamacare's forced electronic medical recordkeeping is denying patients the care they need. Original Article: Physician Burnout: Another Consequence of Medical Socialism [embedded content] Tags: Featured,newsletter
Read More »October 2023 Monthly
There are four large macro forces shape the investment and business climate here at the start of the last quarter of the year. First, the US economic outperformance has been stark. This has helped underpin US rates and bolsters the dollar. The divergence is likely to narrow in coming months as US growth slows rather than stronger growth prospects in other high-income countries. Second, Beijing has taken numerous measures, which although stopping well shy of the...
Read More »The Data Shutdown—Smokescreen?
This episode examines the impending Government Shutdown, which will suspend new releases of the government's "vital" economic statistics. How will the "Data Dependent" Fed manage its policy behind the cloak of missing data? Mark suggests it's best to consider that the Fed is playing its typical confidence game. Be sure to follow Minor Issues at Mises.org/MinorIssues. [embedded content]...
Read More »Last Day to Double Your Gift
The Mises Institute sends a big THANK YOU to everyone who already donated to our Fall Campaign this week. Your support helps us continue to make the sound economic principles of Mises, Rothbard, Hazlitt, and Hayek free to the world at a time when they are needed more than ever. If you haven’t had time to donate, please do so today. Hunter Lewis, a generous donor and author of numerous books, is passionate about educating a future generation of students and has...
Read More »Will Dollarization Work in Argentina?
In Argentina, the libertarian presidential candidate Javier Milei made headlines when he came in first in the primary on August 13. His economic program calls for a strong reduction in government spending and the role of government in general and would, if implemented, greatly improve the conditions of economic life in Argentina. There is, however, one weak point—namely, his proposed monetary reform. Faced with high inflation rates and a depreciating peso, Milei...
Read More »Is the Money in Your Checking Account Yours or the Bank’s?
When Silicon Valley Bank and other banks failed earlier this year, the debate over the sustainability of fractional reserve banking resurfaced. Under fractional reserve banking, banks keep only a fraction of customers’ deposits in reserve. The difference is bank credit, such as government debt, mortgages, business loans, and many other kinds of loans. This practice leaves the bank open to a run, in which panicky depositors attempt to withdraw their funds from the...
Read More »Assessing the BRICS Expansion: Debunking Expectations
At the conclusion of the BRICS summit in Johannesburg on August 24, 2023, it was announced that the five-country grouping of Brazil, Russia, India, China, and South Africa, had invited six more countries to join: Saudi Arabia, the United Arab Emirates, Iran, Egypt, Ethiopia, and Argentina. The new memberships, which will take effect in January 2024, were called “historic” by Chinese leader Xi Jinping, while Vladimir Putin, unable to travel due to an International...
Read More »Totalitarian Ideals and Not Living by Lies
More than forty years ago, Aleksandr Solzhenitsyn urged his fellow Russians “not to live by lies.” In our politicized age, his words ring truer than ever. Original Article: Totalitarian Ideals and Not Living by Lies [embedded content] Tags: Featured,newsletter
Read More »Living Libertarian: Brief Biographies
Libertarian Autobiographies: Moving toward Freedom in Today’s Worldedited by Jo Ann Cavallo and Walter E. BlockPalgrave Macmillan, 2023; xx + 533 pp. Jo Ann Cavallo and Walter Block have done those interested in libertarianism a great service, but they have set the reviewer of their book an impossible task. They have gathered together eighty short accounts in which well-known libertarians describe their various paths toward their political and economic beliefs. In...
Read More »The Problem With “Classical Liberals”
On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop take a look at "classical liberalism," a term that has come to mean a variety of different things in recent years. What is the history of classical liberalism? Is classical liberalism distinct from radical libertarianism? Is it ultimately a moderate form of leftism? Ryan and Tho address these questions and more during the Mises Institute's Fall Fundraising Campaign. If you're a fan of Radio...
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