No Hire, No Fire: Unemployment Claims Reach the Highest Since 2018 (Ex Covid)
The “no hire, no-fire” job market continues. While we’re not yet seeing a trend toward widespread layoffs, it is increasingly difficult to get hired. As we saw earlier this month here in Power&Market, hires are becoming increasingly rare. And, while new layoffs may be moving sideways—and not swiftly rising—the number of people who remain unemployed for a significant period after a layoff is rising.
I, Mises University
There is not a single person in the world, or even a group of a hundred persons, that could make me. I am Mises University, the annual flagship week-long Austrian economics mini-university held at the Mises Institute in Auburn, Alabama. I start with online applications by students following an announcement on mises.org. I therefore require all of the technology that goes into producing internet communications that involves thousands of individuals, over decades, from all over the world.
The Axiom of Action and the Inescapability of Liberty
Human beings act. That is: they engage in purposeful behavior aimed at transforming their conditions into a state they prefer more. This fundamental axiom is apodictically certain. To deny it is to affirm it—for even the act of denial is itself an action: a purposeful attempt to assert a position. Thus, the truth of human action is not contingent on empirical verification; it is valid in all possible worlds where action occurs. It is a category of the mind, a necessary precondition for understanding human behavior.
The Axiom of Action and the Inescapability of Liberty
An Actual Plan to Close the Fed and Tie the Dollar Back to Gold
The Invasion of the Spatializers
Lectures in Austrian Economics, Volume 1 by Jesús Huerta de Soto. (Palgrave Macmillan 2024)
The Invasion of the Spatializers
In Their Own Words: Revolutionary Voices on Inflation
In a previous article, I made the case that the policy of inflation—both from the Continental Congress and the states—not only led to detrimental consequences, but threatened the cause of independence itself. During the course of researching and writing, I discovered that I was barely scratching the surface of this topic—finding quote after quote, resource after resource.