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Tag Archives: Featured

The Secret Economic Theory Behind the $100,000 Birkin Bag

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....

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Peace as a Prerequisite for Civilization

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....

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Exchange is Not a Zero-Sum Game

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....

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Free Markets Don’t Need Government Regulation

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....

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Copernicus Was Also Right in 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....

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No, Affirmative Action and Merit Are Not Compatible

Supporters of affirmative action often claim that taking race or sex into account is compatible with merit-based selection. In the wake of the United State Supreme Court ban on affirmative action in college admissions, and with diversity, equity and inclusiveness schemes banned in several states, the question now arises whether promoting racial or sexual “diversity” as a component of merit remains permissible. Proponents of this type of identity-based diversity...

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Get the Government out of the Classroom

President-elect Trump has nominated former World Wrestling Entertainment CEO Linda McMahon for Secretary of Education. President-elect Trump promised that, if confirmed, Mrs. McMahon would “spearhead” the effort to “send education back to the states.” This has led some people to wonder if Linda McMahon may be the last Secretary of Education.The Constitution does not give the federal government any role in education. Instead, education is left in the hands of state...

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Biden’s Last Gasp Threatens to Destroy the World

Lame duck “President” Joe Biden and his gang of neocon controllers, overcome by hatred of Donald Trump and the near certainty that, if they do not act now, the Ukraine War will soon be settled, have set in motion a process that could destroy the world in a nuclear Armageddon.As everybody knows, Donald Trump wants to terminate the Ukraine war, and he wants to accomplish this by negotiating a settlement in which Ukraine would give up some disputed territory also...

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Trump’s Tariff Talks Wobble Forex Market, Close Neighbors Suffer Most

Overview: As some market pundits were debating about a possible grand deal between the US and China. In exchange for a lighter tariff regime, Beijing would accept yuan appreciation. As far-fetched as such scenario may be, it was predicated on ideas that people like the Bessent, the Treasury Secretary-nominee, was pragmatic. Trump's comments hit in early Asia Pacific turnover specifically cited a 25% tariff on all product from Canada and Mexico and 10% more on China...

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The Economic and Social Consequences of Rent Control

Economic liberalism advocates for a clear separation between government and commerce, allowing the market to operate independently without state interference. This philosophy, termed “laissez-faire,” posits that individuals pursuing their self-interest ultimately benefit society without central organization, planning, or control. However, government intervention disrupts natural market processes.In a capitalist society, all firms should enjoy equal rights in...

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