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The Mises Institute, founded in 1982, is an educational institution devoted to advancing Austrian economics, freedom, and peace in the classical-liberal tradition. Our website offers many thousands of free books and thousands of hours of audio and video, along with the full run of rare journals, biographies, and bibliographies of great economists.
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Many signs are now emerging that NATO and the West are slowly withdrawing support from Ukraine in its war with Russia. How much longer can the war continue?Recommended Reading"Intercept of German generals planning Taurus strike on Crimean bridge": https://Mises.org/WES_19_A"Army aims to double 155mm shell production by October" by Sam Skove https:/…
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By the logic of "we tried it before," the Soviet victory over Lithuania in 1953 meant that the question of independence was settled forever, and that Irish secession was forever verboten after the Easter Rebellion failed.Narrated by Millian Quinteros.Mises Institute による
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The Murray N. Rothbard Memorial Lecture. Sponsored by Steven and Cassandra Torello. Includes an introduction by Joseph T. Salerno and an audience question and answer period.Recorded at the 2024 Austrian Economics Research Conference at the Mises Institute in Auburn, Alabama, March 22-23, 2024.Mises Institute による
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When people say that “socialism doesn’t work,” what do they mean? To better examine and critique socialism, one should apply the socialists’ framework, which is alone worthy of condemnation.Narrated by Millian Quinteros.Mises Institute による
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The Ludwig von Mises Memorial Lecture. Sponsored by Yousif Almoayyed. Includes an introduction by Joseph T. Salerno.Recorded at the 2024 Austrian Economics Research Conference at the Mises Institute in Auburn, Alabama, March 22-23, 2024.Mises Institute による
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When someone makes the “roads” argument for the presence of government, they fail to point out that the final government product is substandard and often a hazard to people who use those roads. There is a better way.Narrated by Millian Quinteros.Mises Institute による
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The Friedrich A. Hayek Memorial Lecture. Sponsored by Donald and Judy Rembert. Includes an introduction by Joseph T. Salerno.Recorded at the 2024 Austrian Economics Research Conference at the Mises Institute in Auburn, Alabama, March 22-23, 2024.Mises Institute による
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Far from being an “automatic stabilizer” that mitigates recessions by engaging in “countercyclical” spending, the welfare state actually makes recessions longer and deeper. Time to acknowledge that fact and do away with it altogether.Narrated by Millian Quinteros.Mises Institute による
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While “wokeness” seems to be a new phenomenon, the problems are tied to a sixty-year-old “landmark” law: the 1964 Civil Rights Act. This law, unfortunately, promotes government tyranny in the name of freedom.Narrated by Millian Quinteros.Mises Institute による
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Henry Hazlitt Memorial Lecture. Sponsored by Shone and Brae Sadler. Includes an introduction by Joseph T. Salerno.Recorded at the 2024 Austrian Economics Research Conference at the Mises Institute in Auburn, Alabama, March 22-23, 2024.Mises Institute による
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Ryan McMaken recently gave a talk at Oklahoma State outlining the history of secessions and making the case that they promote liberty and peace. He joins Bob to discuss his major themes and to address common objections.Ryan's Talk at Oklahoma State: https://Mises.org/HAP440aBreaking Away: The Case for Secession: https://Mises.org/HAP440b…
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In this episode, Mark shares the latest video in the Mises Institute's *The Costs of the Progressives* video series, "The Drug War," which cites Mark's research on the economics of prohibition."The Costs of the Progressives" is a historical series that focuses on great leaps in Washington's consolidation of power on a variety of issues that affect …
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On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop are joined by Marcel Gautreau to discuss the situation unfolding in Haiti. The three discuss the history of US involvement, the propaganda game, and Washington's true aims in its foreign policy.Discussed on the Show"American Policies Only Make Haiti Worse" by Marcel Gautreau https://Mis…
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Starting with Crusoe economics, Rothbard builds the economic concepts which can be developed by this analogy. These concepts are the axiom of human action. Among them are: man acts, man acts by virtue of his existence, man acts with purposeful behavior, man prefers present to future actions, resources are means to achieve ends, scarcity exists, act…
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Rothbard continues the Crusoe analogy. He covers subjectivity of value, and the concept of marginal utility.Part two of seven from Introduction to Economics: A Private Seminar with Murray N. Rothbard.This informal seminar with Murray N. Rothbard was recorded in Toronto, Ontario, on 4 September 1983. Special thanks to Don Morrison for making these r…
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Rothbard considers how prices are determined by supply and demand on the free market. All long shortages are caused by government interventions. Forecasting is not possible. Economics is not an objective science.Part three of seven from Introduction to Economics: A Private Seminar with Murray N. Rothbard.This informal seminar with Murray N. Rothbar…
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Costs are always ex ante. There are no such things as social costs or social benefits. Costs are determined by how much entrepreneurs think consumers will pay. Costs are not determined by supply and demand. Nobody waits for costs to raise prices. Rothbard does not believe in cost curves.Antitrust suits are often filed by one set of competitors tryi…
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The entrepreneur is the major risk bearer. Business return on capital is long run profits or losses. Real rate of interest is determined by time preferences. Government contracts are cost plus. Medical costs are higher because supply is so restricted by government intervention. Who benefits? [by government action]. Rockefeller families are heavily …
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What causes business cycles? Keynesians say the cycles happen because the free market economy does not spend enough. Thus, pump spending in. Additionally, Keynesians say that animal spirits cause these cycles. Government must fix things. Nobody could understand Keynes' General Theory. What was simply obscure was wrongly considered deep.Keynes linke…
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Deficits are equal to expenditures minus taxes. Reagan spoke of cutting government spending, but meant only cutting the rate of growth of government spending. Stagflation appeared in 1957-58. Inflation during a recession was not supposed to happen. It happened again in 1973-75. Part seven of seven from Introduction to Economics: A Private Seminar w…
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Presented to the Free Enterprise Society at Oklahoma State University on March 14, 2024. Ryan McMaken (https://mises.org/McMaken) is executive editor at the Mises Institute. He is a cohost of the Radio Rothbard podcast (https://mises.org/RothPod) and the War, Economy, and State podcast (https://mises.org/WES), and is the author of *Breaking Away: T…
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Presented to the Free Enterprise Society at Oklahoma State University on March 13, 2024. Ryan McMaken (https://mises.org/McMaken) is executive editor at the Mises Institute. He is a cohost of the Radio Rothbard podcast (https://mises.org/RothPod) and the War, Economy, and State podcast (https://mises.org/WES), and is the author of *Breaking Away: T…
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While fears that AI will morph into something like the Terminator and try to destroy the world, the real threat from AI is that the authorities will use it to produce propaganda and public lies.Narrated by Millian Quinteros.Mises Institute による
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Artificial intelligence has much to contribute as a consumption good and a producer’s good. However, there also are limitations in what AI can do, given it susceptible to the GIGO rule: Garbage in, garbage out.Narrated by Millian Quinteros.Mises Institute による
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