I put for the general inclination of all mankind, a perpetual and restless desire of power after power, that ceaseth only in death. —Thomas Hobbes, The Leviathan California continues to attack businesses and entrepreneurial freedom. Leviathan has awakened, this time with Assembly Bill 257, promoting a state-controlled trade union for all
Continued inflation inevitably leads to catastrophe. —Ludwig von Mises Consumers’ behaviors cause the consumer price index (CPI) broad heading of food to understate the real or wallet level of inflation. It is much worse than the top line statistic—it is a serious offense to the poor and fixed-income citizens. The CPI measures nominal dollar
Modern secular society embraces a new religion complete with prophets, crusaders, commandments, contrition, and even a holy land: East Anglia, United Kingdom. These congregants will behave idiosyncratically in the economy. The activist green movement increasingly parallels Western religious structure, even generating a modern version of the
A student goes into a bank. He tells the personal loan banker, “I want to borrow $7,500 per year for the next four or five years.” “That’s at least $30,000 over time,” the banker says. “Personal loans have a 10 percent interest factor.” “For my loan,” says the student, “I need an interest rate close to a home mortgage, like 6 percent. Also, I
The “first” Children’s Crusade of 1212 ended in tragedy for those taking part. The “second” crusade is not going to produce any happy endings, either. Original Article: “Climate Activism: The Second Children’s Crusade” This Audio Mises Wire is generously sponsored by Christopher
Even after two years of “transitory” inflation, America’s ruling classes insist that prices are falling and that all of this is temporary. We don’t believe them. Original Article: “ The Ruling Classes Are Inflation Deniers and the Ship of Fools Sails On”
The State of California, unable to unionize fast food workers, now is trying to create workers councils that will set labor policies for fast food restaurants. This will not end well.Original Article: “ Leviathan Is on the Menu
Pongo por inclinación general de toda la humanidad, un perpetuo e inquieto deseo de poder tras poder, que sólo cesa con la muerte. —Thomas Hobbes, El Leviatán California sigue atacando a los negocios y a la libertad empresarial. El Leviatán ha despertado, esta vez con la Ley de la Asamblea 257, que promueve un sindicato controlado por el Estado
La inflación continuada conduce inevitablemente a la catástrofe. —Ludwig von Mises El comportamiento de los consumidores hace que el índice de precios al consumidor (IPC), rúbrica amplia de alimentos, subestime el nivel real o de cartera de la inflación. Es mucho peor que la estadística de la línea superior: es una grave ofensa para los ciudadanos
La sociedad secular moderna adopta una nueva religión con profetas, cruzados, mandamientos, contrición e incluso una tierra santa: East Anglia, Reino Unido. Estos fieles se comportarán de forma idiosincrásica en la economía. El movimiento ecologista activista se asemeja cada vez más a la estructura religiosa occidental, generando incluso una
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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. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.