The new Sacagawea dollar coin is an offense, starting with its color. It is supposed to summon the memory of the gold standard, when the dollar was something besides a government-issue piece of paper. Money was just another name for a real commodity that facilitated exchange and held its value independent of government’s blessing. Liberty thrived
In economics, people often mix up cause and effect. Observe, for example, that both wages and labor market regulations have increased for most of this century. Did the laws and court decisions cause wages to rise? Or did wages rise despite the interventions; might they be even higher without regulation? Adopting the view that government can
Somehow, someway, it always comes back to the central bank. With economic anxiety growing, trouble in Latin America , frustration at the length of the recession, suspicions that matters are going to get worse before they are better, and, above all, terror that stock prices could fall ever further, Alan Greenspan is letting it be known that rate
Many states have enacted higher minimum wage laws than are imposed by the federal government. The federal minimum is $5.15 per hour, whereas in Washington State it will soon be $7.16. A proposal in Madison, Wisconsin , would raise it to $7.75. “Living wage” legislation in 110 local governments imposes wages as high as $10. Senator Kennedy is
In 2012, Barack Obama warned that the United States would fall into a depression if Ron Paul’s plan to cut $1 trillion from the federal budget were enacted. Wait, I beg your pardon. It wasn’t Obama who warned that budget cuts would lead to a depression. It was Mitt Romney. Romney went on to become the nominee of the self-described free-market
[ The Last Gold RushEver!: 7 Reasons for the Runaway Gold Market and How You Can Profit from It , by Charles Goyette and Bill Haynes. Post Hill Press, 2020. 240 pages.] In this magnificent book, Charles Goyette and Bill Haynes offer readers something you will get nowhere else. They expose the deep state’s awful plans for us. These plans will
En 2012, Barack Obama advertía de que Estados Unidos caería en una depresión si fuera aprobado el plan de Ron Paul para recortar un billón de dólares del presupuesto federal. Esperen, perdonen. No fue Obama quien advirtió de que los recortes presupuestarios llevarían a una depresión. Fue Mitt Romney. Romney iba a convertirse en el nominado del
[ The Last Gold RushEver!: 7 Reasons for the Runaway Gold Market and How You Can Profit from It , por Charles Goyette y Bill Haynes. Post Hill Press, 2020. 240 páginas]. En este magnífico libro, Charles Goyette y Bill Haynes ofrecen a los lectores algo que no obtendrán en ningún otro lugar. Exponen los horribles planes del Estado profundo para
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.