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Tag Archives: newsletter

The Meaning of Revolution

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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Das ist reine Polizeiwillkür!

Art. 33 VRV untersagt “namentlich in Wohn- und Erholungsgebieten und nachts” … “fortgesetztes unnötiges Herumfahren in Ortschaften”. Die Verzeigungen fanden unseres Wissens am Tag statt in einem dünn besiedelten Gebiet. Das Kurvenfahren gehört beim Motorrad zum Schwierigsten und sollte regelmässig geübt werden, vor allem von unerfahrenen Lenkern wie in diesem Fall (17 und 21). Das ist keinesfalls “unnötiges Herumfahren”, sondern dient der Verkehrssicherheit. Die LP wehrt sich dezidiert...

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Sommerlektüre: Schaut mal beim libinst rein!

Die Sommerferien neigen sich schon bald dem Ende zu. Der Roman ist zu Ende gelesen. Zeit für etwas freiheitliche Inspiration! Das Liberale Institut organisiert seit 1979 Anlässe, pulibziert Bücher und liefert Denkanstösse: Zum reinhören gibts auch ein paar Videos auf dem libinst-Youtube-Channel oder hier: Hier kann der Newsletter des Liberalen Instituts abonniert werden.Wir wünschen eine gute Lektüre!

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Exploitation in the fashion industry?

Recently, there has been a scandal in the luxury fashion industry concerning “unethical business practices,” and without going into the history or nature of these industries, somethings are particularly disconcerting about the scandalizing itself. The practices may be causes of disturbance; however, that is not our aim in this article. What I seek to put under scrutiny is the journalistic slandering of these corporations.Perhaps a skeletal summary would be useful...

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Fragile Turn Around Tuesday

Overview: Calmer markets are prevailing today, but an unease remains, and market moves continue to be sharp even if less dramatic. Still, it is in these somewhat less volatile conditions that the US dollar is doing better. It is firmer against all the G10 currencies today. The yen and sterling are the weakest, nursing 0.4%-0.5% losses, while the Norwegian krone and the Canadian dollar are faring the best, off 0.05%-0.15%. Emerging market currencies are also mostly...

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Yen Carry Trade Blows Up Sparking Global Sell-Off

On Monday morning, investors woke up to plunging stock markets as the “Yen Carry Trade” blew up. While media headlines suggested the sell-off was due to fears of a recession, slowing employment growth, or fears over Israel and Iran, such is not the case. As previously noted, headline events like the economy, employment, or geopolitical conflict are quickly evaluated and hedged by market participants. However, as we saw on Monday, what sparks a global sell-off is...

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The rule of law and property rights

Respect for the rule of law cannot simply mean a moral obligation to obey legislation. History is replete with too many examples of tyrannical legislation for that notion to pass muster. But if the rule of law does not mean obeying whatever legislators enact, what does it mean?Murray Rothbard argued that this question must be answered by reference to ethical guidelines, which he constructed around the concepts of self-ownership and property rights. Rothbard...

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Yen Slumps, Germany Contracts, and the Week’s Key Events Still Lie Ahead

Overview: An unexpected decline in Japan's unemployment did not prevent a retreat in the yen to a four-day low ahead of tomorrow's data and conclusion of the BOJ meeting. The dollar has probed the JPY155 area where nearly $3.5 bln options expire today. An unexpected contraction Germany's Q2 GDP was offset in the aggregate by better French, and especially Spanish figures, leaving the euro consolidating in a narrow range (~$1.0815-$1.0835). The greenback is softer...

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