Author Archive for Mises Updates

Audio: Mark Thornton on Immigration and the War on Drugs

Here is another interview about his recent article on immigration and the war on drugs. This one is with The Heartland Institute.

The Right Way to View Entrepreneurship

6814Mises Daily Weekend by Peter Klein and Nicolai Foss:

Much of the existing research on entrepreneurship focuses only on start-ups and small business. But entrepreneurship is a much broader topic and entrepreneurs appear everywhere as drivers of greater wealth and economic growth. Peter Klein and Nicolai Foss discuss new ways to study this phenomenon.

The Problem with Right-to-Work Laws

6813Mises Daily Friday by Logan Albright

Many free-market advocates approve of right-to-work laws because they diminish the power of monopolist labor unions. Right-to-work laws, however, prohibit employers from dealing with unions in whatever way the employer chooses, and thus just substitute one government mandate for another.

Mises Summer Fellows 2014

We’re very happy to have another great group of international young scholars with us this summer. Mises Fellows are graduate students and faculty who come to the Mises Institute during the summer to spend more time working on research in the field of Austrian economics with our senior faculty.

fellows2

This year’s Fellows:
Front Row: Ludvig Levasseur, Matei Apavaloaei, Peter Klein (faculty), Jeff Deist (Mises President)
Second Row: Joseph Salerno (faculty), Audrey Redford, Jingjing Wang, Arkadiusz Sieron
Third Row: Dante Bayona, Kyle Marchini, Peter St. Onge
Back Row: Jonathan Newman, Mark Thornton (faculty)

The Neo-Mercantilist Hysteria Over US Trade Deficits

imports2Mises Daily Thursday by Joseph Salerno:

Keynesians are fond of overstating both the magnitude of the trade deficit and its alleged negative effects. In spite of the fact that trade deficits are not an actual problem for our economy, Keynesians propose to “fix” the problem by devaluing the dollar.

Industrial Policy Is Still a Loser

6808Mises Daily Tuesday by by Stewart Dompe and Adam C. Smith

Joesph Stiglitz, 2001 Nobel laureate in economics, wants to revitalize industrial policy through greater government intervention to favor certain technologies over others. He says it’s not about picking winners, but about positive externalities. Either way, it all comes down to central planning.

Employer-Provided Health Care Is Not a Religious Issue

PayslipMises Daily Tuesday by Ryan McMaken:

Contrary to what proponents of government-controlled health care would have us believe, employer-provided health insurance has nothing to do with religion and everything to do with the free exchange of labor for wages.

How the Drug War Drives Child Migrants to the US Border

6810Mises Daily Monday by Mark Thornton

An increasing percentage of migrants to the US-Mexican border are from Central American countries. It is not merely a coincidence that these same areas have been devastated by the American war on drugs, which has destroyed economies and increased crime in much of the region.

 

Rockwell on the State, the Military, and Propaganda

BMises Daily Weekend:

An interview with Lew Rockwell:

War is the health of the state, and by encouraging enthusiasm for war, and deference for the state’s military institutions, states work to increase their own power in many other areas as well. Many citizens and taxpayers are happy to oblige, but that may be changing.

Mises Weekends: Brian Doherty Talks to Jeff Deist About Reporting the Revolution

Jeff Deist and Brian Doherty discuss Brian’s role as both a participant in—and observer of—libertarian circles, the impact of Austrian economics on today’s intellectual debate, Ron Paul’s lasting legacy, and why for the first time ever it’s cool to be a young libertarian.

Thomas Piketty and Mises’s ‘The Anti-Capitalistic Mentality’

Money balanceMises Daily Friday:

In his short book The Anti-Capitalistic Mentality, first published in 1954, Ludwig von Mises explains why Piketty’s new anti-capitalist tome is popular among a certain class of people, and why much of Piketty’s book relies on a re-telling of old myths about capitalism.

The Magic of Mises University

We hope you’ll consider sponsoring a student today:https://mises.org/MisesU2014. Your generosity will help make the next generation of Austrian economists possible.

The Mises University is the world’s leading instructional program in the Austrian School of economics. Since 1986, it has been the essential training ground for economics students who are looking beyond the mainstream.

The program offers courses, seminars, and reading groups on the whole range of the discipline. A core curriculum presents economic foundations, and more than fifty elective classes explore the entire range of economics, in all levels of advancement.

This program is entirely supported by private donors, and thanks to Mises Institute Supporters, there is no registration fee at Mises University for students who are accepted. The selection process is highly competitive.

 

The Jeffersonian Secessionist Tradition

hartfordMises Daily Wednesday by Thomas DiLorenzo

In examining newspaper editorials of the nineteenth century and Jefferson’s own views of secession, Thomas DiLorenzo explores the once-widespread belief, both North and South, that the American states were part of a voluntary union

Congress, Extortion, and Unfunded Mandates

Highway Signpost with Compliance wordingMises Daily Tuesday by James Bennett:

As the federal government expanded, so did its power to order about lesser jurisdictions. Today, federal mandates instruct states to regulate the minutiae of daily life from seat belts to math tests. James Bennett discusses his new book on federal mandates with the Mises Institute.

 

Audio: Christopher Westley on Musician Unions vs. Musicians

Chris Westley discusses how the cartel (i.e., labor union) known American Federation of Musicians has prohibited the creation of new music for video games.  See the original blog post here. 

What Is the Rate of Return on the Louisiana Purchase?

6799Mises Daily Monday by David Howden and Daniel Fernández-Renau Atienza

The true benefits of the Louisiana and Alaska Purchases are less clear than their value to pro-government propaganda.

How To Have Law Without Legislation

Themis 2662Mises Daily Weekend by Murray Rothbard

A stateless society is not a lawless one. Apologists for the state maintain that state-made legislation is indispensable, but in this essay, Rothbard explores Bruno Leoni’s call for a return to the ancient traditions and principles of “judge-made law” as a method of limiting the state and insuring liberty.

Investors and Austrian Economics

6795Mises Daily Friday:

Robert Blumen, a software engineer with a background in financial applications, recently spoke with the Mises Institute about the Austrian School’s growing influence among investors.

Mises Weekends: Justin Raimondo Describes His Battle Against the War Machine

Jeff Deist and Justin Raimondo discuss the early history of the modern libertarian movement, Justin’s time working with Murray Rothbard on libertarian strategy, and the chances for developing a broad new anti-war coalition.

Also available here:

iTunesU: https://itunes.apple.com/us/itunes-u/mises-weekends/id884207568
Mises.org: http://mises.org/media/8596/Justin-Raimondo-Against-the-War-Machine
Stitcher: http://www.stitcher.com/podcast/mises-institute/mises-weekends

Video: Peter Klein Discusses the Hobby Lobby Decision & Private Property

Peter Klein discusses property rights, privilege, and free markets, in light of the U.S. Supreme Court’s recent Burwell v. Hobby Lobby decision.