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royal crown

Do Monarchs Always Have Low Time Preferences?

Blog6 hours ago

Hans Hoppe theorized that monarchs, as opposed to democratically-elected political authorities, would have lower time preferences and would be less likely to engage in reckless government spending. Unfortunately, at least one Medieval Danish king acted like a modern politician.

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Big GovernmentEconomic PolicyProtectionism and Free TradeU.S. Economy

Oil Export Bans Make for Crude Politics

Blog11 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.

Money and Banks

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. 

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.

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