Tag Archives: Featured

We are familiar with the five stages of grief. However, it is not a stretch to apply those stages to what is happening to the banking system. Right now, we are in the second stage: anger. Original Article: "The Five Stages of Bank Failure Grief" [embedded content] Tags: Featured,newsletter

A "soft landing" is impossible unless the government cuts both taxes and government spending at the same time interest rates are rising. This won't happen, so get ready for a hard landing.  Original Article: "Crowding Out: The Fed May Be Killing the Private Sector to Save the Government" [embedded content] Tags:...

Although the Bank of England is largely responsible for inflation in the UK, its leaders blame British consumers and workers for the price increases. Original Article: "Bank of England Economist: Britons Need to Accept That They’re Poorer" [embedded content] Tags: Featured,newsletter

True to the historic pattern, the US debt ceiling was used by the party not in control of the executive branch to exact spending concessions. Despite the extreme partisanship, the brinkmanship tactics, and fears that this time would be different, there was no default. As Bismarck once quipped, "Laws are like sausages and it is best not seen them being made." Still, as a consequence, the rebuilding of the Treasury's account and bill issuance is seen tightening...

While talk of high gas prices is no longer a headline issue, energy economics is still a vitally important aspect of understanding the economy, including the business cycle. Mark explains the basics, tells us where we now stand, and what the major implications are for the near future. Be sure to follow Minor Issues at Mises.org/MinorIssues. [embedded content]...

A concrete example of an anarchic order existed within Spain, on the current border between Spain and Portugal, in the kingdoms of Castilla and Galicia. By “anarchy” I mean the abolition of centralized power, not the abolition of authority as leftists conceive it to be. One such regime was called Coto Mixto. It was a small territory located in the basin of the Salas River. Coto Mixto’s residents avoided the control of Spain and Portugal from approximately 1143 to...

The Free Market 12, no. 9 (September 1994) In recent years, Americans have been subjected to a concerted assault upon their national symbols, holidays, and anniversaries. Washington's Birthday has been forgotten, and Christopher Columbus has been denigrated as an evil Euro-White male, while new and obscure anniversary celebrations have been foisted upon us. New heroes have been manufactured to represent "oppressed groups" and paraded before us for our titillation....

[This article is adapted from a lecture delivered at the Reno Mises Circle in Reno, Nevada. on May 20, 2023.] It is not an exaggeration to say that property rights are a prerequisite for civilization. As Ludwig von Mises wrote in The Free and Prosperous Commonwealth: Private property creates for the individual a sphere in which he is free of the state. It sets limits to the operation of the authoritarian will. It allows other forces to arise side by side with and in...

Fellowships in Residence at the Mises Institute in Auburn, Alabama, are available to graduate students and post-docs interested in scientific research in the Austrian school and libertarian political economy. These Fellowships offer a unique opportunity for full-time research and writing in a particular area of specialization under the guidance of Institute faculty. The program targets students seeking careers as academic educators and researchers, though students...

Noam Chomsky's latest offering—a series of interviews—presents the best (and worst) of one of America's premier public intellectuals. Original Article: "There's No Place like Noam" [embedded content] Tags: Featured,newsletter