Mises Institute

Mark Thornton reviews David Howden’s data-driven guide to long-horizon investing in commodities, useful even for Austrians wary of statistics. Mark highlights how a formal model can still complement Austrian fundamentals and capital-allocation thinking, and he previews an upcoming episode on silver that will build on these results. Purchase The Almanac of Commodities by David Howden at http://mises.org/almanac Be sure to follow Minor Issues at https://Mises.org/MinorIssues

On this special episode of Power and Market, Joshua Mawhorter joins Tho Bishop and Connor O'Keeffe discuss the recent Supporters Summit, the legacy of Mises.org, and a few books they are reading.

The governmental response to the covid pandemic was to cripple the economy. To compensate for the damage, the Federal Reserve unleashed massive inflation in an attempt to do what the Fed always does in a crisis: bail out the economic actors. Read the article here: https://mises.org/mises-wire/we-have-not-properly-reckoned-economic-insanity-2020 Be sure to follow the Guns and Butter podcast at https://Mises.org/GB

As a true market entrepreneur, as opposed to a political entrepreneur, James J. Hill successfully built a transcontinental railroad, outcompeting his government-subsidized competitors. Original article: https://mises.org/mises-wire/myth-robber-barons-james-hill-versus-crony-competitors

The concept of “planned obsolescence” makes no economic sense and is often an excuse for governments to harass and shake down innovative entrepreneurs. Much of so-called planned obsolescence is really entrepreneurship at work improving products for users and consumers. Original article: https://mises.org/mises-wire/myth-planned-obsolescence

“I see that you are preparing the groundwork for supporting Nixon,” Rothbard wrote Meyer. “Again, for shame! Is this what conservative principles are coming down to...?” Original article: https://mises.org/mises-wire/new-rothbard-letters-show-his-early-opposition-both-nixon-and-reagan

In this episode of the Human Action Podcast, Bob unpacks Lerner’s Symmetry Theorem—the classic result that, under tight conditions, an import tariff is equivalent to an export tax. He applies the framework to recent 100% China‑tariff headlines, explaining why the dollar might strengthen in theory yet sometimes weakens in practice once retaliation and policy signaling are factored in. The Human Action Podcast on Trump's Tariff Strategy: https://Mises.org/HAP522a The Lerner Symmetry Theorem: https://Mises.org/HAP522b

There have been four gold busts under the fiat dollar money regimes since the “freeing” of the gold price in March 1968. Will the current gold boom end in a similar bust? Original article: https://mises.org/mises-wire/what-will-next-gold-bust-look

Juan Jeroen Joya, an insightful author known for his provocative views on constitutional interpretation, delves into how progressives have transformed the original Constitution. He argues that pivotal figures like Lincoln effectively overthrew its foundation. Joya also critiques the idea of presidents upholding a rewritten Constitution, discusses the coerced ratification of the 14th Amendment, and highlights how civil rights laws have effectively replaced the original text. Progressives, he asserts, proudly celebrate this constitutional replacement as a stride towards equality.

Popular views of capitalism and free markets are not shaped by the facts, but rather by anti-capitalist intellectuals and the media. Original article: https://mises.org/mises-wire/popular-media-romanticism-and-statist-insinuation