Last week, the United Nations’ Intergovernmental Panel on Climate Change (IPCC) released a sizable new report titled “ Global Warming of 1.5°C. “ The basic premise of the report is that if the governments of the world do what the UN tells them to do, then global temperature rise will be limited to 1.5°C. The report comes out of the Paris Agreement
Louis Rouanet , a French student who is presently an intern at the Mises Institute, writes: Tricolor flags at the National Assembly were lowered at half-mast today in Paris. On Wednesday, masked gunmen, armed with heavy weaponry, burst into the office of Charlie Hebdo , a satirical newspaper. These terrorists killed 12 people before fleeing.
Norman Singleton, former legislative aide to Ron Paul writes : Today marks twenty years since the passing of “Mr. Libertarian,” Murray Rothbard. Rothbard was Ludwig Von Mises’ top American student, and Mises’ heir as the world’s top Austrian economist. Rothbard was also a top-notch philosopher, historian, and political and social commentator.
Those who are familiar with the history of advertising may remember reading about the conspiracy theory behind new Coke which holds that the Coca-Cola company introduced new Coke as a means of generating interest in old Coke. The removal of old Coke from the market, and the fact that people could no longer buy it, prompted people to demand the
Shawn Ritenour reviews Randall Holcombe’s new Austrian econ textbook Advanced Introduction to the Austrian School of Economics in Libertarian Papers. ( I interviewed Dr. Holcombe about the book in The Free Market .) Ritenour writes : RANDALL G. HOLCOMBE has provided an excellent service to the economics profession with his Advanced
Just in case you have any thoughts that people at the Fed might have become slightly less dovish on inflation, rest assured, they have not. Today on Squawk Box on CNBC, Chicago Fed president Charles Evans averred (Pardon the all caps, but that’s how the transcript came in): EVANS: WELL, I THINK EMPLOYMENT GROWTH HAS BEEN VERY GOOD FOR QUITE A
From today’s Mises Daily : Why exactly does the brutality of the Cuban regime make it alright for the US regime to jail and persecute private American citizens who attempt to trade with people in Cuba? That is, after all, the position of those who favor the embargo. Embargoes are not something where a magic fairy waves her wand and Cuba
In 2014, the US homeownership rate fell below 65 percent, which means it’s back to where it was during the 1970s and much of the 1990s. Various federal agencies have long made homeownership a priority, and have introduced a bevy of government and quasi-government programs including the GSEs like Fannie Mae, FHA-insured loans, VA-insured loans, the
Are you required to use dollars for all transactions in the United States? Sometimes, I receive submissions from columnists that suggest or even outright assert that it is illegal to use currencies other than the US dollar in the United States. This is not the case. Federal legal tender laws — by themselves — do not outlaw the use of foreign
There’s nothing bad about drilling for oil. And there’s nothing bad about the fact that the industry has created a lot of jobs. It is problematic however, that the industry is highly leveraged and reliant on easy money policies to keep the exploration and drilling going. Similarly, there was nothing bad about building a lot of housing during 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.