According to a recent report from the Centers for Disease Control (” Mortality in the United States, 2017 “), “Life expectancy for the U.S. population declined to 78.6 years in 2017,” largely due to obesity and drug addiction . The American life expectancy trend does not reflect global trends, however. Worldwide, the evidence continues to point
Listen to Ryan McMaken’s commentary on the Radio Rothbard podcast . Among advocates for free-markets, I’m often told that the unconverted will embrace free-markets if only we explain to them “good economics.” But here’s the problem — many anti-capitalists don’t think economics is a real thing, a real science, or anything other than corporate
An an editor of publications with a distinct ideological bent, I sometimes hear that it’s important to strive to avoid “preaching to the choir” or “preaching to the converted.” It’s difficult to generalize what is meant when this phrase is used. Some users of the phrase think it’s a waste of time for any group to discuss important topics among the
A common myth about capitalism — and its associated ideology, (classical) liberalism — is that capitalism and liberalism somehow “force” people to prefer consumption and profit maximization above all other value systems. This idea remains common among left-wing critics of liberalism like George Monbiot who maintains that liberalism essentially
I really enjoyed Antony Sammeroff’s article last month about how the distinguishing characteristic of markets is free and voluntary exchange . Although many people like to speak of “competition” as the defining characteristic of markets, they’re wrong. There is competition for resources in every political and economic system. In markets, however,
According to the most recent Census Bureau data on state-to-state migration flows, 523,000 people moved to California from other states. But at the same time, more than 661,000 Californians moved to other states. That is, on net, nearly 138,000 more people left California than moved into it from elsewhere in the US. Yet, California isn’t the worst
States like Texas, Florida, Arizona, and Colorado are experiencing an influx of migrants from other states. Often, these migrants come from so-called blue states like New York, California, and Illinois — all of which are sending more people to other states than they are receiving in return. [RELATED: “ Americans Continue to Flee to Low-Tax States
Money supply growth slowed in January, falling to the second-lowest rate recorded since February of last year. Overall, money-supply growth remains well below the growth rates experienced from 2009 to 2016, and has fluctuated little since March of last year In January, year-over-year growth in the money supply was at 3.3 percent. That was down
Auto loan delinquencies surged in 2018, rising to 2.36 percent, which was the highest rate since the third quarter of 2010. Bloomberg reports : More Americans than ever are at least three months behind on their auto loans, a sign that the U.S. economy may have little growth left in the tank. The number of loans at least 90 days late exceeded 7
According to the Federal Reserve’s Underlying Inflation Gauge , the 12-month inflation growth in January 2019 was at 2.9 percent. That’s a 12-month low, and reflects the anemic economic growth the Federal Reserve has recently identified as a reason to slow down or stop the earlier-stated plans to raise the target interest rate and sell-off the
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.