Mises Institute Media Bias

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The Killing and Destruction Must Stop: It Is Time to End the Ukraine War

Earlier this month, CNN published the results of a poll that found that most Americans oppose sending more money and military aid to the Ukrainian government. A closer look reveals that Republican voters are behind the results. Around seven in ten Republicans oppose sending more support to Ukraine.

Mises Institute     Aug 23, 2023

The Fed: Harming the Economy for over a Century

Since its founding in 1913, the unelected central planning bureaucrats at the Federal Reserve have been given the incredible privilege of legally creating money out of thin air, which mere mortals like us are not allowed to do. They have also been given the tremendous responsibility of maintaining (1) maximum employment, (2) a stable price level, and (3) low interest rates.

Mises Institute     Aug 22, 2023

Help Us Get What Has Government Done to Our Money? into the Hands of Students!

The weaponization of money is the issue of our time. The politicization of the dollar doesn’t only make us poorer; it empowers the evilest actors in society and undermines the most important foundations of civilization.

Mises Institute     Aug 22, 2023

The Great Phony Disinflation Enters Its Finale

“La commedia è finita!” summarizes where the United States and Europe now stand in the Great Phony Postpandemic Disinflation. Why phony? Reported consumer price index (CPI) inflation has been falling in the US and Europe; but this has little to do with the advertised monetary tightening by the Federal Reserve, European Central Bank (ECB), and Bank of England. Rather, the decline in reported CPI inflation is consistent with a natural downward rhythm of prices, reflecting fading pandemic restraints on supply. In a good money system, the essence of which is the absence of monetary inflation, average consumer prices (as represented by the CPI) would have long ago returned to their prepandemic levels.

Mises Institute     Aug 21, 2023

The Coming Collapse of the Global Ponzi Scheme

Mises Institute     Aug 21, 2023

Crash Landing

Will we get asoft landing or a hard landing in the economy? Or, should we hope for a crash landing? Mark Thornton explains. See also "Soft Landing? Not Likely" featuring Bob Murphy and Jonathan Newman on the Human Action Podcast: Mises.org/HAP407 Be sure to followMinor Issues at Mises.org/MinorIssues.

Mises Institute     Aug 19, 2023

No, Small Countries Are Not at an Economic Disadvantage

Some analysts contend that size can be a deterrent to economic prosperity, so as a result, small states are particularly vulnerable to economic and environmental shocks. Usually, small states are discussed in light of their limitations and challenges. Even leaders of small countries earnestly paint size as an obstacle to future progress. The idea that smallness is an impediment to be overcome has become gospel in some quarters.

Mises Institute     Aug 19, 2023

Dollar Hegemony Is Ending Due to Geopolitical Changes

politics

Mises Institute     Aug 19, 2023

The State Protects Itself While Crime against Ordinary People Surges

In all the media and regime frenzy over the Janaury 6 riots and the Pentagon Leaker in recent months, it is interesting to examine the contrast between how the regime treats "crimes" against its own interests, and real crime committed against ordinary private citizens.

Mises Institute     Aug 19, 2023

Beyond Crisis: The Ratchet Effect and the Erosion of Liberty

The Constitution “is not a suicide pact,” said Justice Arthur Goldberg in the court’s opinion in the 1963 Supreme Court case of Kennedy v. Mendoza-Martinez. His statement highlights a fundamental truth: in times of crisis, governments often feel compelled to take extraordinary measures to protect their citizens and maintain order.

Mises Institute     Aug 18, 2023

A Recession Coming in 2023? With Dr. Murray Sabrin

On this episode of Good Money with Tho Bishop, Dr. Murray Sabrin joins the show. Dr. Sabrin shares his story of how he became an Austrian economist and discusses his analysis predicting a recession later in the year. Tho and Dr. Sabrin also talk about this week's anniversary of Nixon closing the gold window.

Mises Institute     Aug 18, 2023

Saving Marxism from the Labor Theory of Value: It Is Still Bad Theory

Capitalism—Its Nature and Its Replacement: Buddhist and Marxist Insightsby Graham PriestRoutledge, 2021; 312 pp. The title of this book seems at first sight puzzling: what has Buddhism to do with Marxism? When we learn that the author accepts Karl Marx’s analysis of capitalism and also wishes to replace capitalism with a type of socialism, we might be tempted to toss the book aside. It would be a mistake to do so. The author is a distinguished logician and the book contains an interesting account of Marxist economics. In this week’s column, I’ll discuss one of Priest’s main arguments. I won’t have anything to say about Buddhism.

Mises Institute     Aug 18, 2023