Government Is the Hidden Hand Directing the Culture Wars
American culture wars are not the product of religious fundamentalists or even activist groups. They exist because of state interference in the private lives of individuals. Original Article: Government Is the Hidden Hand Directing the Culture Wars
Reason versus Emotion in Economics: A Praxeological Response
According to a relatively new economics field called Behavioral Economics (BE), one’s emotional state rather than reason influences their economic decisions. Vernon Smith, the BE economist who won a Nobel in economics, wrote: People like to believe that good decision making
The Cato Institute’s Belated, Squishy Stance on the Latest Middle East Crisis
The alarming events taking place in the Middle East are growing worse and have more than a small potential to entangle the United States in another foreign war. Hamas’s well-coordinated, surprise attack on Israel from Gaza clearly blindsided Prime Minister
The Dollar See-Saws between Two Views on Fiscal Explosion
Fiscal explosion is not in the economic dictionary. But in the foreign exchange markets and bond markets this intuitive concept has sometimes powered a narrative which drives long-term US interest rates and the dollar upward in tandem. The puzzle to
How Inflationary Money Causes the Affordability Crisis
The affordability crisis is upon us. Housing, food, you name it, life is becoming expensive. The government blames business, but perhaps government officials should look in the mirror. Original Article: How Inflationary Money Causes the Affordability Crisis
Is Freedom of Expression Dangerous? No, Study Finds More Expression Helps Us Handle Conflict
David Inserra Free speech scholars and advocates have written about the general decline in freedom of expression that has occurred over the past two decades. Despite great technological advances that make communicating immensely easier—social media, encrypted communications, and ubiquitous computers and
We Fixate on Book ‘Bans,’ But It’s Time to Scrutinize Acquisitions
Neal McCluskey Last week my new Policy Analysis on public school library holdings was published. A major reason I wrote it was because it felt to me that over the last few years Americans had been expending a huge amount of energy on books
The United States Remains a Manufacturing Powerhouse
Colin Grabow It has become conventional wisdom among many in Washington that a once‐vaunted US manufacturing sector has become a shell of its former self. Language used by members of the commentariat and politicians to describe the state of US industry is often bleak,
If the Fed Goes, The State Will Soon Follow
A central bank is not a natural product of banking development. It is imposed from the outside or comes into being as a result of government favors. —Vera Smith, The Rationale of Central Banking and the Free Banking Alternative Anarchy, the absence
Richard Cantillon at the Louvre
Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023. Download the slides from this lecture at Mises.org/SS23_PPT_13