MISES Institute
24.04.202518:14
March home sales drop to their slowest pace since 2009
Sales of previously owned homes in March fell 5.9% from February to 4.02 million units. That’s the slowest March sales pace since 2009.
#Notes_in_the_Margin
@Mises_Institute
Sales of previously owned homes in March fell 5.9% from February to 4.02 million units. That’s the slowest March sales pace since 2009.
#Notes_in_the_Margin
@Mises_Institute
19.04.202519:25
Mercantilism Smells Like Stagflation
Power & Market - Douglas French
After two days of panic selling of stocks, recession and stagflation have become part of the conversation. Joshua Zietz wrote for Politico, “Stagflation — “the s-word rippling through Wall Street and Main Street,” as Axios put it earlier this week — is a calamitous anomaly whereby the economy manifests low growth and high inflation at the same time. Anyone who remembers the 1970s will recall that it caused an economic crisis in the United States, ushering in a turbulent era of high prices, interest rates and unemployment — and considerable instability and pain.”
@Mises_Institute
Power & Market - Douglas French
After two days of panic selling of stocks, recession and stagflation have become part of the conversation. Joshua Zietz wrote for Politico, “Stagflation — “the s-word rippling through Wall Street and Main Street,” as Axios put it earlier this week — is a calamitous anomaly whereby the economy manifests low growth and high inflation at the same time. Anyone who remembers the 1970s will recall that it caused an economic crisis in the United States, ushering in a turbulent era of high prices, interest rates and unemployment — and considerable instability and pain.”
@Mises_Institute
19.04.202511:22
🎧 Randall Wray’s MMT Lecture Distorts History
Robert P. Murphy
The Modern Monetary Theory (MMT) crowd prides itself on fidelity to actual history. But Murphy shows how leading MMT guru Randall Wray completely distorts his discussion of two historical episodes in his college lecture.
🎥 Watch on YouTube
#The_Human_Action_Podcast
Robert P. Murphy
The Modern Monetary Theory (MMT) crowd prides itself on fidelity to actual history. But Murphy shows how leading MMT guru Randall Wray completely distorts his discussion of two historical episodes in his college lecture.
🎥 Watch on YouTube
#The_Human_Action_Podcast
18.04.202517:27
Don’t Pay Down the National Debt. Just Stop the Deficit Spending
Mises Wire - Ryan McMaken
For now, the number one thing we can to do make the federal debt less costly and more manageable is to just stop making it bigger.
Mises Wire - Ryan McMaken
For now, the number one thing we can to do make the federal debt less costly and more manageable is to just stop making it bigger.
17.04.202520:46
🎧 Trump Wants Even More Military Spending
Ryan McMaken and Zachary Yost
Donald Trump says he plans for a big 12% jump in military spending, he has threatened war with Iran, and has escalated the war with the Houthis. None of this has anything to do with defending the United States.
#RADIO_ROTHBARD
Ryan McMaken and Zachary Yost
Donald Trump says he plans for a big 12% jump in military spending, he has threatened war with Iran, and has escalated the war with the Houthis. None of this has anything to do with defending the United States.
#RADIO_ROTHBARD
17.04.202518:27
The “Ratchet Effect”: Why It’s So Hard to Shrink the Government
Mises Wire - Jane L. Johnson
Economist Robert Higgs described the "ratchet effect" in which government either creates a crisis or responds to one, leading to a permanent expansion of government power. After the crisis ends, government retreats—but not to the point where is was pre-crisis.
Mises Wire - Jane L. Johnson
Economist Robert Higgs described the "ratchet effect" in which government either creates a crisis or responds to one, leading to a permanent expansion of government power. After the crisis ends, government retreats—but not to the point where is was pre-crisis.
23.04.202516:18
Trump the Inflationist: He Wants More Easy Money from the Fed
Mises Wire - Ryan McMaken
At this point it's clear that any hopes that Trump was going to be a hard-money guy who would rein in monetary inflation was pure wishful thinking.
Mises Wire - Ryan McMaken
At this point it's clear that any hopes that Trump was going to be a hard-money guy who would rein in monetary inflation was pure wishful thinking.
19.04.202512:42
Technology Transfer Can Help Transform Developing Countries
Power & Market - Lipton Matthews
Discussions on economic development in developing countries often overlook a critical factor: technology transfer. Yet, history demonstrates that technological diffusion is essential to economic growth. While innovators undoubtedly shape industries, it is often the imitators who reap the greatest rewards. These late-comers learn from pioneers, adopting and refining existing technologies to enhance productivity.
@Mises_Institute
Power & Market - Lipton Matthews
Discussions on economic development in developing countries often overlook a critical factor: technology transfer. Yet, history demonstrates that technological diffusion is essential to economic growth. While innovators undoubtedly shape industries, it is often the imitators who reap the greatest rewards. These late-comers learn from pioneers, adopting and refining existing technologies to enhance productivity.
@Mises_Institute
19.04.202511:21
Realism as a Libertarian Foreign Policy
Mises Wire - Aaron Sobczak
What is a proper libertarian foreign policy? Murray Rothbard wrote that first and foremost, a peaceful and realistic policy means not invading other countries and working to end wars as quickly as possible.
Mises Wire - Aaron Sobczak
What is a proper libertarian foreign policy? Murray Rothbard wrote that first and foremost, a peaceful and realistic policy means not invading other countries and working to end wars as quickly as possible.
18.04.202517:05
Public Unreason: Making Sense of Nicholas Wolterstorff
Friday Philosophy - David Gordon
In Nicholas Wolterstorff‘s Understanding Liberal Democracy, he assails a vastly influential school of thought in a way that libertarians will find useful.
Friday Philosophy - David Gordon
In Nicholas Wolterstorff‘s Understanding Liberal Democracy, he assails a vastly influential school of thought in a way that libertarians will find useful.
17.04.202520:41
Standing at the Edge of the Iran War Cliff
Power & Market - Ron Paul
Millions of people around the world were at the edge of their seats over the weekend, waiting to hear whether Trump special envoy Steve Witkoff’s indirect talks with the Iranian foreign minister would ratchet down tensions or would break down and bring on a major Middle East war.
@Mises_Institute
Power & Market - Ron Paul
Millions of people around the world were at the edge of their seats over the weekend, waiting to hear whether Trump special envoy Steve Witkoff’s indirect talks with the Iranian foreign minister would ratchet down tensions or would break down and bring on a major Middle East war.
@Mises_Institute
17.04.202518:27
The Federal Government Is Still on Track for a $2-Trillion-Plus Deficit
Power & Market - Ryan McMaken
According to the Treasury Department’s monthly report on spending and tax revenue, the US Federal government is still very much on track to finish the fiscal year with more than two trillion dollars in new debt. Nor is there any sign so far of any significant change in spending patterns since Donald Trump was sworn in in late January.
Power & Market - Ryan McMaken
According to the Treasury Department’s monthly report on spending and tax revenue, the US Federal government is still very much on track to finish the fiscal year with more than two trillion dollars in new debt. Nor is there any sign so far of any significant change in spending patterns since Donald Trump was sworn in in late January.
23.04.202516:17
Marxism’s Fragile Foundation: The Labor Theory of Value
Mises Wire - Richard W. Fulmer
Despite its many logical flaws, Marxism remains popular in many academic and political circles. However, Marx‘s Labor Theory of Value still undergirds the entire Marxian structure, and debunking it destroys his entire system.
Mises Wire - Richard W. Fulmer
Despite its many logical flaws, Marxism remains popular in many academic and political circles. However, Marx‘s Labor Theory of Value still undergirds the entire Marxian structure, and debunking it destroys his entire system.
19.04.202511:33
In this episode, Mark Thornton explores the looming threat of hyperinflation in the US. With the national debt soaring past $33 trillion and future obligations exceeding $100 trillion, can America avoid a financial crisis where prices skyrocket out of control?
Mark examines historical hyperinflations in leading economies like France and Germany, and how excessive government spending and debt played a role. Drawing on the insights of Ludwig von Mises, Mark dissects the three phases of inflation and what happens when the public loses faith in holding money.
Is hyperinflation merely an accounting problem, or does it portend economic ruin and societal breakdown? Tune in to find out, and to explore the potential consequences for our future.
#MINOR_ISSUES
@Mises_Institute
Mark examines historical hyperinflations in leading economies like France and Germany, and how excessive government spending and debt played a role. Drawing on the insights of Ludwig von Mises, Mark dissects the three phases of inflation and what happens when the public loses faith in holding money.
Is hyperinflation merely an accounting problem, or does it portend economic ruin and societal breakdown? Tune in to find out, and to explore the potential consequences for our future.
#MINOR_ISSUES
@Mises_Institute
19.04.202511:20
Mises’s “Fight Against Error”
Mises Wire - Jorge Besada
Ever the economist, Ludwig von Mises believed that many problems plaguing humanity stemmed from economic ideologies that were flawed. He also believed that the best tool for fighting against wrongheaded economic viewpoints was the application of reason.
Mises Wire - Jorge Besada
Ever the economist, Ludwig von Mises believed that many problems plaguing humanity stemmed from economic ideologies that were flawed. He also believed that the best tool for fighting against wrongheaded economic viewpoints was the application of reason.
18.04.202510:36
Tariffs Mean Lost Jobs
Mises Wire - Joshua Mawhorter
The goalposts are continually changing (more like fallacy-hopping), but one would-be goal of tariffs needs to be confronted—tariffs for domestic job protection.
Mises Wire - Joshua Mawhorter
The goalposts are continually changing (more like fallacy-hopping), but one would-be goal of tariffs needs to be confronted—tariffs for domestic job protection.
17.04.202520:39
Trump’s Insane Tariff Policy
Mises Wire - Llewellyn H. Rockwell Jr.
The last excuse that diehard defenders of President Trump’s tariff policies have advanced now lies in ruins.
Mises Wire - Llewellyn H. Rockwell Jr.
The last excuse that diehard defenders of President Trump’s tariff policies have advanced now lies in ruins.
17.04.202518:27
The Great Pretenders: The 50th Anniversary of Hayek’s Nobel Prize Speech
Power & Market - Alex J. Pollock
The economic sage saw that the attempts of central bankers to control the markets is based on a ‘pretense of knowledge.’
@Mises_Institute
Power & Market - Alex J. Pollock
The economic sage saw that the attempts of central bankers to control the markets is based on a ‘pretense of knowledge.’
@Mises_Institute
23.04.202511:11
Stop All Federal Funding of Universities
Mises Wire - Connor O'Keeffe
President Trump‘s threat to withhold $9 billion from Harvard University is being framed in the legacy media and academia as a threat to Harvard‘s academic freedom. But there is a pertinent question no pundits are even asking: Why are taxpayers being forced to give Harvard $9 billion?
Mises Wire - Connor O'Keeffe
President Trump‘s threat to withhold $9 billion from Harvard University is being framed in the legacy media and academia as a threat to Harvard‘s academic freedom. But there is a pertinent question no pundits are even asking: Why are taxpayers being forced to give Harvard $9 billion?
19.04.202511:23
As the World Seeks Peace, the EU Looms for War
Mises Wire - Ulrich Fromy
Western Europe has been at peace for the past 80 years. Unfortunately, EU leaders have not appreciated the benefits of peace and look to promoting war. The memories of World War II have faded, but the EU seems determined to create new bad memories.
Mises Wire - Ulrich Fromy
Western Europe has been at peace for the past 80 years. Unfortunately, EU leaders have not appreciated the benefits of peace and look to promoting war. The memories of World War II have faded, but the EU seems determined to create new bad memories.
19.04.202510:51
Beyond England: A Classical Liberal Critique of Hayek’s “The Origins of the Rule of Law”
Mises Wire - Joseph Solis-Mullen
In Chapter 11 of The Constitution of Liberty, Friedrich Hayek offers a sweeping genealogy of liberty, locating its true birth in the constitutional evolution of seventeenth-century En
Mises Wire - Joseph Solis-Mullen
In Chapter 11 of The Constitution of Liberty, Friedrich Hayek offers a sweeping genealogy of liberty, locating its true birth in the constitutional evolution of seventeenth-century En
17.04.202520:51
President Trump has threatened to use the armed forces to go after the drug cartels in Mexico. Escalating the disastrous War on Drugs by incorporating the failed strategies of the War on Terror is a terrible idea.
This episode is available as an article here.
#Guns_and_Butter
@Mises_Institute
This episode is available as an article here.
#Guns_and_Butter
@Mises_Institute
17.04.202520:38
Fancy Houses, Wealth Inequality, and a Lesson in Humility
Mises Wire - Joakim Book
We are bombarded with claims that capitalism causes inequality, yet what it really mean? In truth, in a free market economy, differences in income, even large differences, don‘t mean much since most people have a high standard of living.
Mises Wire - Joakim Book
We are bombarded with claims that capitalism causes inequality, yet what it really mean? In truth, in a free market economy, differences in income, even large differences, don‘t mean much since most people have a high standard of living.
17.04.202514:34
Free Markets, Entrepreneurial Error, and the Nico Iamaleava Saga
Mises Wire - William L. Anderson
College football has finally experienced an athlete‘s holdout in order to leverage a hoped-for payday. In the case of Nico Iamaleava, he tried to leverage more money from the University of Tennessee but failed spectacularly. There are economic lessons to be learned here.
Mises Wire - William L. Anderson
College football has finally experienced an athlete‘s holdout in order to leverage a hoped-for payday. In the case of Nico Iamaleava, he tried to leverage more money from the University of Tennessee but failed spectacularly. There are economic lessons to be learned here.
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