The job market is still hanging on—but not nearly as well as the headline numbers and media pundits would have you believe. Original Article: The December Jobs Report Is Mostly Bad
For those who remember their high school textbooks, the issue of America’s imperial history is very clear cut. American imperialism, the textbooks told us, was that fairly brief period in American history that lasted from 1898 to 1945. This was the period during which the United States acquired a number of overseas territories, including the
In recent years, home price indices have seemed to proliferate. Case-Shiller, of course, has been around for a long time, but over the past decade, additional measures have been marketed aggressively by Trulia, CoreLogic, and Zillow, just to name a few. Measuring home prices has taken on an urgency beyond the real estate industry because for many,
Thanks in part to the California Drought, people are starting to realize that water is not a limitless resource, and that not even all those government subsidies and graft will make it so. But rapper Jay-Z has not gotten the memo. The NYT reports : The challenge is to get everyone to respect music again, to recognize its value,” said Jay Z, whose
Brendan Nyhan at The New York Times seems to be under the impression that the Trans Pacific Partnership (TPP) has something to do with free trade. Nyhan writes that the TPP is the latest step in a decades-long trend toward liberalizing trade — a somewhat mysterious development given that many Americans are skeptical of freer trade. But Americans
Back in the days of yore, the Progressive Party and other prohibitionists in Colorado managed to put in place laws restricting the sale of alcohol in the state. Decades later, it was still illegal to open a liquor store on Sunday or sell liquor or wine or full-strength beer in grocery stores. The alcohol prohibitionists are long gone, but the
Snapchat CEO Evan Spiegel points out that people are making riskier investments. If that is the case, we should remember that it is by design. One outcome of negative and zero-percent interest rate policy is to push yield-starved investors into riskier territory. It’s already “mission accomplished” according to Speigel: Snapchat has a monster
From Power Trading Radio: “Merlin and John welcome back Joe Salerno for a look at the war on cash. Not your typical currency war that the Central banks play, but an actual push to get rid of the use of cash. Why would this be happening, and what are the opportunities in alternative
Mises Fellow Louis Rouanet writes: Mark Thornton wrote in his paper “ Bastiat as an Austrian economist ” (2001): “Bastiat advanced the theory of value beyond Say and took a major step toward the modern theory of value as developed by the Austrian school of economics.” This point was recognized more than 100 years ago by H.K. Asser, a lawyer and
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.