Tag Archives: Featured

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....

One of the most destructive fallacies of critical race theory is its insistence that racial disparities are caused by discrimination. The CRT premise is that any gap in racial attainment calls for an explanation, and—in the absence of any convincing explanation—they are compelled to conclude that such gaps are caused by discrimination.Many readers will be familiar with Thomas Sowell’s refutation of that argument. In arguing that disparities do not prove...

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....

The rising cost of Switzerland’s compulsory health insurance is a major political issue. The government has hatched a plan aimed at improving incentives in the hope it will reduce the seemingly never ending rise in health insurance premiums. However, a number of people sceptical of the plan’s ability to deliver the saving have organised a vote against it, which takes place this weekend. Photo by Harald Hechler on Pexels.comThe plan is focused on how various...

Henry Hazlitt said that to cure inflation, stop inflating, but surprisingly, most economists and politicians don’t want a cure. They believe a little inflation is not only good, but necessary. According to this view the real boogeyman is deflation—“a general decline in prices,” per Ben Bernanke—and government’s monopoly money-manager is dedicated to doing everything possible to keep prices forever rising.Not everyone cherishes having their money driven into the abyss...

Over recent weeks, mercury found in the tinned tuna sold across Europe has sparked a debate about the product. This week, RTS revealed the mercury levels of much of the tinned tuna sold in Switzerland. Photo by Towfiqu barbhuiya on Pexels.comRecent tests across Europe revealed that all of the nearly 150 brands of tuna tested contained mercury, with around 10% containing more than the legal limit of 1mg per kilogram. Tests conducted by RTS in Switzerland also...

Commercial real estate continues to suffer despite the Federal Reserve’s attempt at ameliorating the capital markets with a 50-basis point rate cut in September.The pain is especially apparent in the so-called “CRE-CLO” bond market. CRE-CLO bonds are packaged commercial real estate mortgages comprising short-term floating rate loans. These bridge loans were recently, and most notably, used to facilitate the biggest apartment investment bubble in history, but were...

War and Individual Rights by Kai Draper; Oxford University Press, 2016, xii + 254 pp.Many people make fun of analytic philosophy because of its use of imaginary cases, often elaborated with what seems perverse ingenuity. It is better, critics claim, to stick close to reality. While there is much to be said for this, the analytic method is frequently insightful, as I’ll try to show. War and Individual Rights is the best analytic discussion of the just war, both the...

  Erzwungene Transformation – das große Missverständnis 22. November 2024 – von Rainer Fassnacht Zur Bedeutung des Wortes Transformation ist im Duden zu lesen „das Transformieren; das Transformiertwerden“. Diese Erklärung weist aus Sicht der Sprache auf einen Doppelcharakter hin – der Mensch kann selbst aktiv gestalten oder ein Objekt für die Umgestaltungswünsche anderer Menschen sein. Genau dieser Doppelcharakter zeigt sich auch, wenn Ökonomen von...

Before anyone gets their hopes up about a reduction in government expenditures resulting from the upcoming Department of Government Efficiency (DOGE), remember that, once rolling, a log rolls in one direction—downhill—until stopped. But have any of us ever tried stopping a log as it accelerates down a hill?The LogAh, the log. Speaking with the voice of a legislator, it blocked your path—your desired line-item, buried deep in a spending bill, which was on its way to...