In March, growth in the supply of US dollars increased at the highest rate seen in ten months. This comes after a year-long period of falling growth rates, at the end of which money-supply growth fell to a near-ten-year low of 2.6 percent, year over year. By March of this year, however, growth rates had headed upward again, rising to a
Oil prices headed upward more rapidly this week, hitting $68 per barrel ( WTI ), which is the highest price since December 2014. Even if adjusted for inflation (according to the CPI), oil prices are still near a four-year high. Trump took to Twitter this week to attempt to blame OPEC for the high prices, stating “Looks like OPEC is at it
According to the Federal Reserve’s Underlying Inflation Gauge , the 12-month inflation growth in March was at 3.13 percent. That’s the highest rate recorded in 140 months, or nearly 12 years. The last time the UIG measure was as high was in July 2006, when it was at 3.2 percent. The Fed began publicly reporting on new measure in December of last
For decades, the general strategy of anti-global warming activists has been to maximize predictions of apocalypse, death, and destruction. This over-the-top approach has been used to promote the idea that virtually no cost is too high when it comes to implementing global governmental control of all human activities in the service of avoiding
In the final chapters of his masterful history of the American Revolution, Conceived in Liberty , Murray Rothbard takes to examining the political and social repercussions of the American Revolution’s success. He notes the revolution accelerated the elimination of old feudal laws, the disestablishment of churches, and the confiscation of lands
One of the most problematic aspects of the American Revolution — problematic for the state — is the fact that the American war for independence was illegal. According to British law, the secession movement announced at Philadelphia in 1776, and the war fought to defend it, were criminal acts instigated by criminals. Moreover, the formal act of
Hillary Clinton was at it again the other day, complaining about how, if it weren’t for that darned electoral college, she’d be president now. The Daily Mail reports on Clinton’s remarks in her recent speech in the UK: “Populists can stay in power by mobilizing a fervent base. Now, there are many other lessons like this,” she said, adding that she
Outside of the original trilogy on DVD (and VHS!), I don’t own any Star Wars products, apparel, films, or knick-knacks. I skipped the most recent film, Solo . But since I like to follow movie trends, my various news feeds still send me articles about the latest Star Wars movies. Rarely does anything on this pique my interest as an editor here at
While many defenders of private gun ownership recognize that the Second Amendment was written to provide some sort of counterbalance against the coercive power of the state, this argument is often left far too vague to reflect an accurate view of this historical context surrounding the Amendment. After all, it is frequently pointed out that
The phrase “pro-gun, pro-military” is used by some conservatives to describe themselves, as if the two go together seamlessly. For example, activist and political candidate Erin Cruz states she is both “Pro Second Amendment” and “Pro Military” in her promotional materials. Another Republican candidate, Gregory Duckworth, advertises that he
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.