The homeownership rate is now back where it was forty years ago. So what did all that federally-subsidized homebuying over the past decade accomplish? There was a lot of malinvestment, and a lot of politically-favored interest groups that got richer, writes Ryan McMaken. This audio Mises Daily is narrated by Clay
Free markets have provided an abundance of goods and comforts for even low-income households. But constant government intervention in the work, lives, and incomes of the poor continues to create many barriers to economic success, writes Ryan McMaken. See here , here , and here for more information on how the minimum wage makes low skilled
The opposite of secession is annexation wherein governments extend their monopolies over a greater territory. Just as secession naturally limits the power of states, annexation extends it, and should be opposed, writes Ryan McMaken. This audio Mises Daily is narrated by Robert
Presented at Mises Boot Camp, a one-day seminar for anyone seeking to learn the fundamentals of the Austrian school. Download the Syllabus . Recorded at the Mises Institute in Auburn, Alabama, on 25 July
The new Netflix series Marco Polo might have descended into a forgettable story of palace intrigue, but it fortunately explores far more interesting themes of family, loyalty, and how the state demands everyone sell out his values a little more every day, writes Ryan McMaken. This audio Mises Daily is narrated by Robert
Louis Rouanet , a French student who is presently an intern at the Mises Institute, writes: Tricolor flags at the National Assembly were lowered at half-mast today in Paris. On Wednesday, masked gunmen, armed with heavy weaponry, burst into the office of Charlie Hebdo , a satirical newspaper. These terrorists killed 12 people before fleeing.
Norman Singleton, former legislative aide to Ron Paul writes : Today marks twenty years since the passing of “Mr. Libertarian,” Murray Rothbard. Rothbard was Ludwig Von Mises’ top American student, and Mises’ heir as the world’s top Austrian economist. Rothbard was also a top-notch philosopher, historian, and political and social commentator.
Those who are familiar with the history of advertising may remember reading about the conspiracy theory behind new Coke which holds that the Coca-Cola company introduced new Coke as a means of generating interest in old Coke. The removal of old Coke from the market, and the fact that people could no longer buy it, prompted people to demand the
Shawn Ritenour reviews Randall Holcombe’s new Austrian econ textbook Advanced Introduction to the Austrian School of Economics in Libertarian Papers. ( I interviewed Dr. Holcombe about the book in The Free Market .) Ritenour writes : RANDALL G. HOLCOMBE has provided an excellent service to the economics profession with his Advanced
Just in case you have any thoughts that people at the Fed might have become slightly less dovish on inflation, rest assured, they have not. Today on Squawk Box on CNBC, Chicago Fed president Charles Evans averred (Pardon the all caps, but that’s how the transcript came in): EVANS: WELL, I THINK EMPLOYMENT GROWTH HAS BEEN VERY GOOD FOR QUITE A
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. 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.