Students are running out of reasons to pursue higher education. Here are four trends documented in recent articles: Graduates have little to no improvement in critical thinking skills The Wall Street Journal reported on the troubling results of the College Learning Assessment Plus test (CLA+), administered in over 200 colleges across the US.
The Bureau of Economic Analysis released January figures for Personal Consumption Expenditures (PCE) today, including the price index based on that data. News headlines report the year-over-year percent change in the PCE price index: 2.4%. This gives the impression that price inflation is heading towards the Federal Reserve’s supposed target of
“Additional units of a homogeneous good must go toward less important ends.” Is this an ethical claim? Does it fall under political science? Or is it an economic law? According to Robert Reich, economics, properly considered, is in a mush with politics and morality. He has started a new ten-week series debunking economic myths, and the first one
Ludwig von Mises’s Economic Policy: Thoughts for Today and Tomorrow has become quite popular recently. The Mises Book Store has sold out of its physical copies, and the PDF, which is available online for free , has seen over 50,000 downloads in the past few days. This surge in interest in Mises’s ideas was started by UFC fighter Renato Moicano,
The Libertarian Party candidate for governor of North Carolina posed this question on Twitter a few days ago: The question is poorly worded, but that is mainly the fault of the way the term “inflation” has fared in common parlance. Ross probably got the poll results he desired – he was trying to reinforce the idea that increasing the supply of
In the final stretch of any presidential campaign, the goal is to attract any remaining undecided voters. This usually means that candidates moderate and soften their messaging, especially in comparison to the proposals and rhetoric used to attain the nomination of their respective parties earlier in the campaign. This was on full display in last
In Paul Krugman’s latest column , he claims that Kamala Harris hasn’t advocated for price controls, only a ban on price gouging on groceries. Of course, these are the same thing. Krugman’s own principles text defines price controls as “legal restrictions on how high or low a market price may go.” A ban on price gouging is a legal restriction on
You would think that the growing popularity of homeschooling in the United States would be in more news headlines. Estimates from the National Home Education Research Institute (NHERI) reveal a staggering increase in the number of homeschool students since the 1970s— by a factor of 238 . Of course, there was a surge in homeschooling during the
In 301 AD, Roman emperor Diocletian implemented price ceilings on over 1,200 goods. The silver coinage had been debased over the past 250 years, and the citizens were understandably unhappy about high prices. In 50 AD, each denarius had about 3.9 grams of silver, but then the empire debased the coins, sometimes in dramatic steps and sometimes more
“It says here in this history book that, luckily, the good guys have won every single time. What are the odds?” —Norm MacDonald A segment of Tucker Carlson’s recent interview with Darryl Cooper is making the rounds on social media. Cooper questioned Winston Churchill’s hero status, which is a big no-no, especially among conservatives. The accepted
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.
