On July 1st, Andrés Manuel López Obrador (AMLO) won Mexico’s presidential election in a landslide. He pulled in a whopping 53% of the vote. This left the candidate from the governing Institutional Revolutionary Party (PRI), José Antonio Meade, in the dust, with a third place finish and only 16% of the vote. Ricardo Anaya from the conservative
On Monday morning (April 23, 2018), the Grim Reaper cut down Leland Yeager—a great scholar, collaborator, and friend. I share the sentiments about Leland that have already been expressed by David Gordon , David Henderson , and George Selgin . To fill in the picture, I will recount my first encounter with Leland, which took place in the summer of
The International Monetary Fund (IMF) has done it again. In an attempt to garner some press, the head of the IMF’s Western Hemisphere Department Alejandro Werner forecasted that Venezuela’s annual inflation rate will reach 1,000,000% by year’s end. By my calculations, this inflation forecast implies that the exchange rate will reach 923 million
El 1 de julio, Andrés Manuel López Obrador (AMLO) ganó las elecciones presidenciales de México por una inmensa mayoría. Él obtuvo un enorme 53% de los votos. Esto dejó muy atrás al candidato del gobernante Partido Revolucionario Institucional (PRI), José Antonio Meade, con un tercer puesto y solo un 16% de los votos. A Ricardo Anaya, del
El Fondo Monetario Internacional (FMI) lo ha vuelto a hacer. En un intento por atraer a la prensa, el jefe del Departamento del Hemisferio Occidental del FMI, Alejandro Werner, pronosticó que la tasa de inflación anual de Venezuela alcanzará el 1.000.000% para fin de año. Según mis cálculos, este pronóstico de inflación implica que la tasa de
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.