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The companies behind ChatGPT and Claude have arrived in Zurich Copyright 2023 The Associated Press. All Rights Reserved. Listen to the article Listening the article Toggle...

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 “loss of China” to communism in 1949 was a pivotal moment in American foreign policy, for the fall of the Nationalist government (Kuomintang, KMT) led by Chiang Kai-shek to the Chinese Communist Party (CCP) under Mao Zedong marked a significant shift in the geopolitical landscape of Asia. It was quickly followed by the outbreak of war in Korea, and indeed Washington’s calculations regarding the peninsula became closely entangled with their calculations regarding...

Retail investors are showing distinct behavioral patterns when trading cryptocurrencies compared to traditional assets such as gold and stocks. Traditionally, investors tend to sell their stocks and gold when prices rise. In contrast, when cryptocurrency prices increase, retail investors are more likely to hold or buy more. This aligns with a “momentum-like” strategy, reflecting the belief that rising prices signal greater future adoption and value, a new research...

The newly-released 2025 Sound Money Index has identified Wyoming, South Dakota, and Alaska as the states with the most favorable policies toward constitutional sound money, while Vermont, Maine, and California take the most hostile stances.Released annually by the Sound Money Defense League and Money Metals Exchange, the Sound Money Index is a comprehensive scorecard evaluating how each US state promotes or impedes sound money policies. Ranked policies include sales,...

Many people are familiar with the divisive concepts of Critical Race Theory (CRT). The best-known examples are the notion of “white privilege” and the redefinition of racism as “power plus privilege.” These concepts have been widely rejected, and even banned from public schools in some states. However, less often remarked upon is CRT’s more pernicious rejection of truth and reason. It is not merely that CRT believes truth to be relative, but that it rejects the...

After I saw Oliver Stone’s movie JFK, which posited that the JFK assassination was a highly sophisticated regime-change operation on the part of the U.S. national-security establishment, I read a multitude of books along those lines. Over time, I became convinced that Stone’s thesis was correct. But my conviction was never “beyond a reasonable doubt,” which is the standard of proof required for conviction in a criminal case. Then I encountered Douglas Horne’s...

If there’s one thing the mainstream hates, it’s for you to learn anything that goes against the official version of history:World War II spending ended the Great Depression.The US was founded as a democracy.Three of our best presidents were Abraham Lincoln, Woodrow Wilson, and Franklin D. Roosevelt.This narrative is a tool they use to maintain control, but it collapses if citizens dare to think for themselves.That’s what Mises Institute president Tom DiLorenzo did...

In late November, the seemingly dormant civil war in Syria reignited and Syrian rebel groups began a new drive across western Syria. At first, the rebels captured Aleppo and Hama, and then moved on to the capital Damascus, finally toppling the Assad regime. The fall of the Assad regime—the last secular Arab regime—represents a victory for Islamist, terrorist insurgents and their allies. These terrorists’ allies, most especially the US and the State of...

Overview:  The dollar is offered. Neither the 227k rise in nonfarm payrolls, nor the above 3% Q4 growth that the Atlanta Fed sees the economy tracking, or the uptick in November CPI expected to be reported on Wednesday has been sufficient to dampen speculation of a rate cut next week. The futures market has a nearly 88% chance discounted. The antipodean currencies and Scandis are leading the move, ostensibly encouraged by the pro-growth signals from China's...