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oil barrels in factory

Oil Export Bans Make for Crude Politics

Blog3 hours ago

In the wake of the Arab Oil Embargo of 50 years ago, Congress banned U.S. export sales of crude oil. The results were different than what government "experts" imagined.

fed

The Fed Holds the Fed Funds Rate Steady—Because it Doesn't Know What Else To Do

Blog09/25/2023

If we read between the lines, it is apparent that the Fed is hoping that price inflation will fall to politically acceptable levels without any additional tightening, and without a recession.  But "hope" is all the Fed has. 

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Big GovernmentPoliticsWar and Foreign Policy

The US Military Is Laying the Groundwork to Reinstitute the Draft

Blog09/25/2023

Not satisfied with the futile and destructive wars it has fought in this century, leaders of the US Armed Forces now want reinstatement of the draft. Instead, perhaps our government should give peace a chance.

Economic PolicyFree MarketsLabor and WagesMedia and Culture

Even Though They Are in Long-Term Decline, Labor Unions Still Threaten the Economy

Blog09/25/2023

Although the percentage of the unionized U.S. workforce has fallen in recent decades, labor unions still are a threat to our economy and our collective wellbeing.

Our Fall Campaign Starts Today!

Blog09/25/2023

The mission of the Mises Institute is simple. We want to spread ideas that are vital for a free and prosperous civilization. Will you stand behind us?

LawLegal SystemMedia and CultureThe Police State

The State against Anonymity

Blog09/25/2023

Governments are using intimidation to regulate independent journalists on the decentralized internet.

Touch-and-Go

09/23/2023Mises Media

Will the economy take off and perform much better than anyone anticipates? Don't bet on it.

Booms and BustsThe FedMoney and Banks

Bank CEOs Have Their Heads in the Clouds

Blog09/23/2023

No matter the situation, bank CEOs believe that the Big Score is just around the corner. Then reality hits.

Economic FreedomThe EntrepreneurMedia and CultureProtectionism and Free Trade

Defending the Undefendable Investments

Blog09/23/2023

In the spirit of Walter Block's classic Defending the Undefendable, Kevin Duffy looks at the "undefendable" investments and economic choices and finds them profitable.

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