President Biden may have recently made history as the first president to discuss snack chips in the State of the Union message. He used snack chips to illustrate the phenomenon of shrinkflation. Shrinkflation occurs when businesses reduce the amount of goods sold in order to avoid raising prices. President Biden pointed out that businesses hope
The clash between the Biden Administration and Texas spilled out into the open last week, when the US Supreme Court ruled that Federal authorities could remove razor wire that Texas Governor Greg Abbott had been installing along the border with Mexico to stop the millions of illegal immigrants from crossing over to the United States. This time
A rare instance of an unexpected consequence of a bad policy advancing liberty is the growth in private schools enrollment and homeschooling that occurred as a result of the covid lockdowns. An October 2023 study by Eloise Burtis and Sofoklis Goulas of the Brookings Institution found that 79 percent of American school-age children were enrolled in
There has been much written and said about Tucker Carlson’s interview with Russian President Vladimir Putin last week. As of this writing the video on Twitter alone has been viewed nearly 200 million times, making it likely the most-viewed news event in history. Many millions of viewers who may not have had access to the other side of the story
Protecting democracy and the Constitution from Donald Trump and the “MAGA extremists” is a major theme of President Biden’s reelection campaign. As is often the case in American politics, President Biden is just as, if not more, guilty of posing an “existential threat” to the Constitution as those he smears as “extremists.” For example, President
This weekend’s late-night spending vote in Congress seems like another in an endless series of sequels to a bad suspense movie. Just at the brink of “disaster,” just before the stroke of midnight, Congress pulls off a miracle and passes an omnibus bill to save us from a “government shutdown!” The heroes have saved the day! Unfortunately, this
Last month, the US Senate passed a resolution saying the over 34 trillion dollars (and growing) national debt threatens national security. A few days later, a bipartisan majority of the Senate voted for a 1.2 trillion dollars spending bill. In addition to the usual increases in war and welfare spending, the bill funds gender transitioning for
Even Republican stalwarts like current Senate Minority Leader Mitch McConnell are starting to notice that something is shifting in the party. While McConnell announced recently that he would step down as Republican leader in the US Senate, in an interview last week he was adamant that he would continue to serve out his term in the Senate with one
In the closing days of 2023, the Biden Administration once again announced a large military aid package for Ukraine, this time a “mere” quarter of a billion dollars. Without a new authorization of funds from Congress, it is said to be the last bit of money left over from the more than $100 billion already authorized by Congress for the proxy war
A clip from the 1990 movie Home Alone where the lead character purchases groceries, household goods, and toys recently went viral because he paid a total of $19.83 whereas today the same purchase would cost over three times as much. Ironically, while this evidence of the Federal Reserve’s failure to maintain the dollar’s value was going viral,
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.