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The US consumer sentiment index, compiled by the University of Michigan, fell to 69.5 in August from 71.6 in July. A weakening consumer sentiment index is seen as indicating a potential downturn in consumer spending and the economy in general. Most economic commentators agree that individual consumption rather than saving is the key to economic prosperity. Saving, they believe, hinders economic growth because it coincides with weakening demand for goods. In this...

Join the Mises Club Carolinas for their next Meetup on Saturday, October 7 in Spartanburg, SC. Timothy and Sarah Terrell will host the event at Initial Q Smokehouse from 4:00 - 8:00 p.m. The topic is "Education and Career Preparation from an Austrian Perspective."  To register or for more information, please contact Kent Misegades, [email protected]. [embedded content]...

Rothbard Graduate Seminar is an intense study of Misesian and Rothbardian economic analysis with applications to current research and related fields. Participants discuss a common set of readings with each other and Mises Institute faculty, who give advanced lectures on the material. The goal is to equip graduate students with a solid understanding of the ideas of Mises and Rothbard, so that they may apply it to their graduate studies and research. The core text for...

Recorded in Nashville, Tennessee, on September 23, 2023. The Liberty Movement’s Pro-War Fifth Column | Ted Galen Carpenter Video of The Liberty Movement’s Pro-War Fifth Column | Ted Galen Carpenter [embedded content] Tags: Featured,newsletter

Recorded in Nashville, Tennessee, on September 23, 2023. Limitless Money and the Limitless Fed | Jonathan Newman Video of Limitless Money and the Limitless Fed | Jonathan Newman [embedded content] Tags: Featured,newsletter

The Nigerian government should have seen the economic disaster the eNaira would cause. They didn’t, and chaos and rioting followed. Original Article: How a CBDC Created Chaos and Poverty in Nigeria [embedded content] Tags: Featured,newsletter

Last week, prosecutors for the Southern District of New York unsealed an indictment against New Jersey senator Robert Menendez. The senator, his wife, and several businessmen are accused of providing “sensitive U.S. Government information” and taking steps that “secretly aided the Government of Egypt” in exchange for cash, gold bars, a luxury convertible, and more. Senator Menendez has dismissed the charges and refuses to resign from Congress. In a statement Friday,...

The best people in the world support the Mises Institute. Will you join them? Who are they? People just like you. People who happen to care deeply about human liberty and human flourishing. People who care about real economics. People who oppose state power, central banks, and war. People who care about truth and honest history. They come from all walks of life. Some give $20, some give more. But they are all people like you, people who understand the threat statism...

Overview: The S&P 500 hit three-month lows yesterday, while the Conference Board's measure of consumer confidence fell to a four-month low. New home sales fell to their lowest level in five years. The US federal government appears headed for a partial shutdown on October 1. Still, the greenback rides high. It is extending its gains against several G10 currencies, including the euro and sterling. The Swiss franc is moving lower for the 12th consecutive session....

In February 2024, the Mises Institute will hold its next Mises Book Club, our new program to promote deep reading in Austrian economics.  In celebration of the 80th anniversary of F. A. Hayek's Road to Serfdom, this classic work in political philosophy, intellectual and cultural history, and economics will be the focus of the next meeting.  For eight riveting weeks, ten to fifteen specially selected undergraduate students will partake in rich discussions led by a...