Mises Media

No matter how the court rules on birthright citizenship (or anything else), it certainly won’t be the “last word” on the matter, and nothing is decided beyond the short term. 

“Birthright Citizenship Isn’t Real” by Ryan McMaken: https://mises.org/power-market/birthright-citizenship-isnt-real

“Don’t Confuse Immigration with Naturalization” by Ryan McMaken: https://mises.org/mises-wire/dont-confuse-immigration-naturalization

“The Problem with the Arbitrary Line between Legal and Illegal Immigration” by Ryan McMaken: https://mises.org/power-market/problem-arbitrary-line-between-legal-and-illegal-immigration

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

According to a recent Gallup poll, “Americans are far more satisfied with the way things are going in their own life than with the US in general.” Opinion polls and the latest electoral results, however, are at odds with the facts as presented by mainstream media, government statistical offices, and even the stock market. What is going on?

Register to attend Educating for Liberty: Mises Circle in Tampa, February 22, 2025, at Mises.org/Tampa25. Use promo code Minor25 for 10% off the ticket price.

Order a free paperback copy of Murray Rothbard’s What Has Government Done to Our Money? at Mises.org/IssuesFree

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

Fifty years ago today, December 11, 1974, F.A. Hayek gave his Nobel Lecture in Sweden. The conflict between what the public expects science to achieve in satisfaction of popular hopes, and what is really in its power, is a serious matter.

Original article: The Pretense of Knowledge

The Cultural Revolution continues apace in this country and it is aimed at all of the old Confederate symbols from statues to the Confederate Battle Flag. With leftist progressives there can be no discussion. Any symbol from the South equates to racism and nothing else.

Original article: Marxism and the Cultural Revolution

President-elect Donald Trump has declared that he will raise tariffs his first day in office. Our economy, however, does not need government-created roadblocks to trade. Instead, we need free exchange and sound money.

Original article: We Desperately Need Sound Money, Not Tariffs

Thanks to the Fed's balance sheet and the Fed's policy on reverse repurchase agreements, it's hard to tell whether the Fed is being hawkish or dovish. 

Original article: Is the Fed Loosening or Tightening? It’s Complicated.

The child-like obsession with buying stuff that American society is often criticized for around Christmas is a sought-after result of our government’s monetary policy.

Original article: America’s Problem with Consumerism Is the Government’s Fault

One of the fallacies pushed by monetary economists is that a growing economy needs a growing supply of money in order to prevent deflation, which they claim is as harmful as inflation. However, as Austrians point out, there is no “optimum” amount of money in the economy, since prices adjust.

Original article: Should Central Banks Accommodate Increases in Demand for Money?

Higher education has managed to con huge numbers of young people to take out six-figure loans in order to have the “college experience.” However, the so-called benefits to college are turning out to be a chimera, all funded by increasing indebtedness.

Original article: How the Nanny Campus Will Fight to Keep Taxpayers Hostage

The Austrian school recognizes that economic analysis is timeless and the ancient story of “The Poor Man of Nippur” provides an excellent example. From time preference to the structure of production, many of the lessons are contained in this story.

Original article: The Poor Man of Nippur and Austrian Economic Principles