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Tag Archives: Featured

Praxeology

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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Subjective Value and Market Prices

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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Between “terrorist acts” and international support: Maduro’s theater elections

In the early hours of Monday, July 29, the announcement of the election results in Venezuela echoed. Nicolas Maduro, is declared the winner in Venezuela’s presidential election by the electoral authority, setting up a high-stakes showdown that will determine whether the South American nation transitions away from one-party rule. Opposition leader Maria Corina Machado, banned from running for office, said opposition candidate Edmundo Gonzalez won 70 percent of the...

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Is increased consumer spending good for the economy?

Just about every so-called business periodical touts an increase in consumer spending as “good for the economy.” But is this really so? Can we really spend our way out of a recession? Lord John Maynard Keynes thought so, and his teachings have become the standard narrative just about everywhere in the world.Probably the most influential economic treatise of all time is Keynes’ “General Theory of Employment, Interest and Money,” published in 1936 at...

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The Birth of the Austrian School

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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Are apartment syndicators incompetent or crooked? The answer is yes

From roughly 2020 to 2022, “syndicators” took over the apartment investment market. During that time, this group of dimwitted rent seekers used bridge loans to finance their apartment acquisitions. At 85% leverage, the bridge loans left only a sliver of equity to raise, for which these syndicators used third parties or online platforms built for anonymous fundraising from average Americans with cash to burn and no place to earn a yield in the zero interest rate...

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Market Boosts Odds of a BOE Rate Cut this Week

Overview: The US dollar is mostly firmer today ahead of what promises to be an eventful week. Sterling is bearing the brunt today, off a little less than half-of-a-cent as expectations creep up of a rate cut this week and Chancellor of the Exchequer Reeves plays up the poor state of public finances left by the Conservative government. Sterling (and the euro's) five- and 20-day moving averages have crossed. The yen is mostly within the pre-weekend range. Outside a of...

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Entrepreneurship

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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Banking

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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Deconstructing Mileinomics

Javier Milei, economist and president of Argentina, is a complicated character whose background and views have deserved heated discussion. This article will look briefly at Milei as an Austrian economist — the question of his libertarianism was settled elsewhere. One further point before starting: This is an article about economic thought. An assessment of his policies will be touched only shortly in the closing remarks and hopefully in another article.Milei, Smith...

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