Now available from the Spring 2023 issue of the Quarterly Journal of Austrian Economics : Abstract: This article reviews numerous arguments Austrian scholars have made against the efficient market hypothesis and asserts that these arguments are sufficient grounds for dismissal of many of the theoretical justifications which have been advanced in
Remember savings bonds? They were popular before the central bank made sure that safe, low-interest investments became a thing of the past. Original Article: “ The US Savings Bond Scam “. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros.
One of the silver linings to this year’s lockdowns and cultural revolution, as many commentators here and elsewhere have pointed out, is that many parents are finally waking up to the reality of our educational institutions. Original Article: “ Schools Are at the Core of the Left’s Hegemony “. This Audio Mises Wire is generously sponsored by
The commandment “Thou shalt not steal” was not to be abolished outright. That would offend too many. So the commandment was simply modified to “Thou shalt not steal—except by majority vote.” This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros. Original Article: “ Howard Buffett: Against Legal Plunder
Howard H. Buffett is a relatively obscure figure today, unfortunately. He remains well known only to a small crowd of libertarians ( many of them at the Mises Institute ), goldbugs , and perhaps the most elderly residents of Omaha, Nebraska. A quick, online query on Buffett—using any popular search engine or encyclopedia—would inform the reader,
Very insightful commentary has been made of late, much of it by fellows or fellow travelers of the Mises Institute, regarding the effects that monetary policy is having upon the lives of ordinary people and the potentially disastrous future consequences which may be wrought upon the same. This article will introduce, and lament, the reality of
Austrian economics puts forth the axiom of human action—a nonfalsifiable, self-evident truth. From this axiom, it derives logical conclusions—truths—about individual human behavior, social order, and cooperation, i.e., markets. The conclusions drawn by this logical analysis are such that the optimal allocation of resources, the optimal modes of
[Editor’s note by Trevor Daher: On June 15, 1948, Howard Buffett rose once again on the floor of the House of Representatives to passionately defend the cause of human liberty. Being debated in Congress this time was the Selective Service Act of 1948, whereby Congress would establish the Selective Service System and force young men to register for
In August of 1963, Human Events published an article written by Howard Buffett entitled “’Thou Shalt Not Steal!’ But Government Confiscation Has Been Legalized.” Buffett began it with satire, suggesting that the Seventh Commandment (eighth in some religions) had become obsolete. Indeed, throughout history, he said, the commandment had “always
Ryan McMaken wrote an excellent piece recently, explaining “3 Reasons the Left Keeps Winning.” The article was short and sweet, but its points were profound and insightful. The first two reasons McMaken gave for the victory of the Left are, one could say, fraternal twins: “The Left Understands the Importance of Ideas and Ideologies” and “The Left
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.