On Thursday, the Senate HELP Committee is set to vote on the nomination of Lori Chavez-DeRemer, Trump’s pick for Labor Secretary. Chavez-DeRemer was a Republican representative from Oregon who made a name for herself for being very pro-labor union compared to other members of her party.Trump’s nomination of Chavez-DeRemer is seen as one part of a broader political shift that now paints the GOP as a party chiefly concerned with the well-being of the American working...
Read More »The New GOP-Organized Labor Alliance Will Not Help the Working Classes
On Thursday, the Senate HELP Committee is set to vote on the nomination of Lori Chavez-DeRemer, Trump’s pick for Labor Secretary. Chavez-DeRemer was a Republican representative from Oregon who made a name for herself for being very pro-labor union compared to other members of her party.Trump’s nomination of Chavez-DeRemer is seen as one part of a broader political shift that now paints the GOP as a party chiefly concerned with the well-being of the American working...
Read More »The Trump 2.0 Put: Got Bonds?
During Donald Trump's first term, some investors bought into the Trump 1.0 Put. The trade was based on the market's belief that Trump believed the stock market's performance was a referendum on his presidency. Accordingly, investors thought that Trump would do everything he could to backstop the stock market if it fell. Thus, some investors thought it worthwhile to sell puts, collect the proceeds, and sit back comfortably, not fearing losses. According to a...
Read More »The Trump 2.0 Put: Got Bonds?
During Donald Trump's first term, some investors bought into the Trump 1.0 Put. The trade was based on the market's belief that Trump believed the stock market's performance was a referendum on his presidency. Accordingly, investors thought that Trump would do everything he could to backstop the stock market if it fell. Thus, some investors thought it worthwhile to sell puts, collect the proceeds, and sit back comfortably, not fearing losses. According to a...
Read More »Behavioral Economics: Managing Your Inner Voice
The combination of extremely rich equity valuations, high interest rates, and a new President taking bold actions will likely continue to whip stocks around for the foreseeable future. Alongside those volatility-provoking factors is that the S&P 500 just posted two annual twenty-plus percent gains in a row. Accordingly, seeing average or below-average returns this year and volatility spikes should not be surprising. If we are correct about volatility, it's...
Read More »Behavioral Economics: Managing Your Inner Voice
The combination of extremely rich equity valuations, high interest rates, and a new President taking bold actions will likely continue to whip stocks around for the foreseeable future. Alongside those volatility-provoking factors is that the S&P 500 just posted two annual twenty-plus percent gains in a row. Accordingly, seeing average or below-average returns this year and volatility spikes should not be surprising. If we are correct about volatility, it's...
Read More »The New GOP-Organized Labor Alliance Will Not Help the Working Class
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....
Read More »The New GOP-Organized Labor Alliance Will Not Help the Working Class
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....
Read More »The Gold at Fort Knox Was Stolen from Americans
In recent days, President Donald Trump, Elon Musk, Senator Rand Paul, and some others have pressed for an audit of the US gold reserves, with a special focus on the gold at Fort Knox. This is perfectly reasonable given that the US gold reserves—which are the property of the US Treasury and not the Federal Reserve—have not undergone even a partial audit in at least forty years.Part of the reason for the audit is to discover if any of the gold has been stolen. The US...
Read More »Listen to Talks From the Tampa Mises Circle
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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