The Henry Hazlitt Memorial Lecture, sponsored by James M. Rodney, presented at the Austrian Economics Research Conference. Recorded 21 March 2013 at the Ludwig von Mises Institute. Includes an introduction by Joseph T.
[At the invitation of the New York Federal Reserve Bank, Robert Wenzel spoke and had lunch in the bank’s Liberty Room on April 25, 2012. Below are his prepared remarks.] Thank you very much for inviting me to speak here at the New York Federal Reserve Bank. Intellectual discourse is, of course, extraordinarily valuable in reaching truth. In this
On March 16, 2013 an alarm should have gone off in the minds of any who held money in a bank anywhere in the world. On that day, banksters attempted an unprecedented money grab of depositor money held at banks in Cyprus. In a new plan to bail out the government of Cyprus, under the watchful eye of the European Commission, the International
The Royal Swedish Academy of Sciences has awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2019 to Abhijit Banerjee (Massachusetts Institute of Technology) and to his wife Esther Duflo (Massachusetts Institute of Technology) and to Michael Kremer (Harvard University). From the Nobel committee: Despite recent
Futures oil contract trading is generally done by two different groups, speculators and commercial hedgers. Speculators are essentially taking a position on where oil will be at a future time. If they think it will go higher, they will buy an oil contract to profit from what they expect, a higher price. If they believe that oil will be lower, they
The latest data from the Bureau of Labor Statistics shows twelve-month food prices climbing at a 3.9 percent annualized rate for 2020. Overall price inflation for the same period, as measured by the government’s Consumer Price Index, rose 1.4 percent. Bottom line: the goods people are buying during this lockdown period such as food are soaring.
Below is a look from a libertarian perspective at the statements and rulings of the likely Trump nominee for the Supreme Court, Amy Coney Barrett. President Trump is expected to officially announce his choice for the Supreme Court on Saturday afternoon. The good from a libertarian perspective: Barrett wrote in 2017 that Chief Justice John
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.