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Overview: The US dollar is mostly softer ahead of the September CPI. The euro and Canadian dollar have recorded new lows for the move. The greenback extended its gains against the yen to JPY149.55 but has fallen to new session lows in the European morning near JPY148.85. Given the pushback against Fed Chair Powell's 50 bp cut last month revealed in the FOMC minutes, it will take more than a soft headline CPI today to renew speculation of another large move. In fact,...

Employees have few illusions about their salaries in 2025 Keystone-SDA Listen to the article Listening the article Toggle language selector...

Competition Commission closes investigation against Novartis Keystone-SDA Listen to the article Listening the article Toggle language selector...

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....

Companies attach great importance to cash Keystone-SDA Listen to the article Listening the article Toggle language selector...

Over the weekend, the Commander of the US Central Command (CENTCOM), General Michael Kurilla, arrived in Israel to “coordinate” with the Israeli military and plan a military strike against Iran. Think about that for a moment: one of the highest-ranking officers in the US military is planning a war in a foreign country against another foreign country which will be fueled by American weapons, American intelligence, and American tax dollars.Did that foreign country –...

As has often been noted, “majority rule” in the political sense does not exist in the way it is presented by the dominant institutions of Western so-called “democracies.” The Western public’s resistance to criticism of “democracy” is, therefore, remarkable.The staying power of representative democracy in the West can be explained as follows: Firstly, democracy is widely but uncritically seen as a progressive and enlightened political system that replaced monarchies,...

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....

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....

I was asked the other day why parents and students do not have more say in their education in the government system, and my reply was simply “because that is the goal.” Specifically, the system exists to perpetuate itself and to propagandize large numbers of children each year so that they believe and pass on to their children the myths that permit government predation. In order to do so, the system and those in it must quash individuality of any significant form and...