Power & Market

The Mises Institute is pleased to announce the addition of nine new Associated Scholars.

Here’s an existential fear regarding AI: companies in the economy will invest in AI to such an extent that the result will be massive layoffs of highly-skilled, high-wage technical employees and a severe reduction in demand for routine, repetitive jobs.

If we uphold voluntary exchange on the market as the standard of fairness, then the only neutral tax is one that is flattened to zero percent for everyone.

The bulk of the US gold reserves held in Fort Knox are made up of impure “non-standard” bars that don’t qualify for use in international settlements.

Whether rates go up or down, neither outcome will be pleasant, leaving a bondholder caught between the Unthinkable and the Unimaginable.

If anything, “Thank you for your service” now sounds like a tone-deaf faux pas.

Faced with a decrease in the supply of crude oil—due to state intervention—the price increases to discourage consumption while simultaneously promoting increased production and/or logistics.

39 going on $40 trillion is an achievement only in the sense that many once thought we’d never see numbers this large. 

Last week, President Donald Trump commemorated income tax payments being due by having DoorDash deliver food from McDonald’s to the White House.

Brazilian jurisprudence is tampering with legal discourse from two distinct traditions: proportionality and reasonableness.