Mises Institute

Senator Tim Kaine’s definition of “rights” as things created by government and human law is extremely dangerous because a government that creates rights can also abolish them.

Be sure to follow the Loot and Lobby podcast at https://Mises.org/LL

Political elites insisted that the 9/11 attacks occurred because the US Government lacked power and authority. Unfortunately, the elites got their wish and Americans received war, economic calamity, and massive government debt in return.

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Since becoming president, most of the actions taken by President Trump have been anti-economic growth, and the US economy now is sputtering. Unfortunately, Trump seems to believe that a combination of trade restrictions and inflation is what the economy needs.

Read the article here: https://mises.org/mises-wire/trump-digging-his-own-economic-grave

The Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at https://mises.org/Hayek21

Be sure to follow the Guns and Butter podcast at https://Mises.org/GB

On the latest episode of Minor Issues, Mark Thornton takes a provocative look at America’s path toward hyperinflation. Mark walks through Ludwig von Mises’s three stages of inflation, contending the US is moving from complacency to active flight from cash. Mark ties today’s risks to sanctions policy, BRICS efforts to bypass SWIFT with gold-leaning systems, and foreign central banks rotating from Treasuries into gold. At home, Mark sees households hedging with real estate, older savers turning to precious metals, and younger investors to crypto: classic signs of eroding demand for dollars.

Additional Resources

"The Gold-Silver Ratio” (Minor Issues, Episode 119) : https://mises.org/MI_119

"Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary System" by Mark Thornton (Book review, Quarterly Journal of Austrian Economics): https://mises.org/MI_136_A

"Exorbitant Privilege Gained and Lost: Fiscal Implications” by Zefeng Chen, Zhengyang Jiang, Hanno Lustig, Stijn Van Nieuwerburgh, and Mindy Xiaolan (Journal of Political Economy): https://mises.org/MI_136_B

The Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at https://mises.org/IssuesFree

Be sure to follow Minor Issues at https://Mises.org/MinorIssues

President Trump has deployed naval vessels off the coast of Venezuela, citing its escalation of the war on drugs. However, the true motivation for Washington’s involvement in the region is likelier related to disputed oil claims affecting well-connected energy companies.

Read the article here: https://mises.org/mises-wire/venezuela-military-deployment-about-cronyism-not-national-security

The Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at https://mises.org/Hayek21

Be sure to follow the Guns and Butter podcast at https://Mises.org/GB

Is Hans-Hermann Hoppe a firebrand revolutionary, or something very different? In this episode of Minor Issues, Mark Thornton traces Hoppe’s American debut in 1986 and follows the controversies that later made Hoppe a lightning rod. The case here is straightforward: Hoppe isn’t a political revolutionary aiming to remake society by seizing state power; he’s a natural-rights theorist whose analysis—grounded in property, history, and Austrian economics—argues for social cooperation without a predatory state. Hoppe is an exacting analyst of what works, not an architect of upheaval.

Additional Resources

A Life in Liberty: Liber Amicorum in Honor of Hans-Hermann Hoppe, edited by Jörg Guido Hülsmann and Stephan Kinsella (PDF): https://mises.org/MI_135_A Or, purchase the book online: https://mises.org/LiberAmicorum

“Understanding the timing and outcome of the Russian Revolution: a public choice approach” (Journal of Public Finance and Public Choice)“ by Gregory Dempster, Robert B. Ekelund, Jr., and Mark Thornton: https://mises.org/MI_135_B

“Rent Seeking as an Evolving Process: The Case of the Ancien Régime“ (Public Choice) by Robert. B. Ekelund, Jr., and Mark Thornton: https://mises.org/MI_135_C

“A Theory of Socialism and Capitalism” by Mark Thornton (in Property, Freedom, and Society: Essays in Honor of Hans-Hermann Hoppe): https://mises.org/MI_135_D

The Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at https://mises.org/IssuesFree

Be sure to follow Minor Issues at https://Mises.org/MinorIssues

San Francisco politicians have made it so difficult to build new housing that a black market for apartments has emerged.

“San Francisco Has A Black Market for Housing. That’s as Bad as It Sounds.” by Chris Calton: https://Mises.org/RR251_A

Free Book: Get your copy of Hayek for the 21st Century, featuring Hayek’s classic essays on liberty, knowledge, and markets. Claim yours at https://mises.org/Hayek21

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Assistant editor Joshua Mawhorter joins Tho Bishop and Connor O’Keeffe on the Power and Market Podcast. The three discuss Trump’s acquisition of a stake in Intel, consider how monetary policy contributes to a lot of the national health problems MAHA is focused on, and react to Jerome Powell’s Jackson Hole speech.

On this episode of Power and Market, the roundtable talks about a new brewing scandal involving the Fed, revisits the conversation on nationalizing Washington DC, and the new "golden age" of the Smithsonian.

William L. Anderson joins Tho and Connor this week to discuss Trump mobilizing federal agencies to clean up the crime-ridden city of DC and his recent book review of Margeret Roberts’ Blowback: The Untold Story of the FBI and the Oklahoma City Bombing.