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Tag Archives: Featured

The Power of Woke: How Leftist Ideology Is Undermining Our Society and Economy

“It’s an important part of society whether you like it or not,” lexicologist Tony Thorne, referring to “wokeness,” told The New Yorker’s David Remnick in January. That’s an understatement. Wokeness is poisoning the Western workplace and constraining small and family businesses, midsized banks, and entrepreneurs while enriching powerful corporations and billionaires. It’s eating away at the capitalist ethos and killing the bottom-up modes of economic ordering and...

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Supporters Summit 2023

Save the date!  Join us for our 2023 Supporters Summit, October 12–14, at the Mises Institute in Auburn, Alabama.  Lew Rockwell and Jeff Deist will host a weekend filled with engaging discussion and social time with other Mises members and speakers. We'll open Thursday evening, October 12 with a reception in Auburn. Friday, October 13, we'll have discussions and lunch at the Institute and close with a dinner at the new and unique Botanic in Opelika. Saturday, we'll...

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Food and Shelter Prices Keep Climbing as CPI Growth Hits a Three-Month High

We're still living with the consequences of the massive monetary inflation by Trump and Biden. Prices are stubbornly high, and falling real wages are driving Americans to say things are getting worse. Original Article: "Food and Shelter Prices Keep Climbing as CPI Growth Hits a Three-Month High" This Audio Mises Wire is generously sponsored by Christopher Condon.  [embedded content]...

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Investors Shaken by Rising Rates

Overview: The surge in US interest rates and sharp losses in US stocks sent the dollar broadly higher in North America yesterday. The $42 bln of two-year notes auctioned by the US Treasury saw the highest yield in more than a quarter-of-a-century (4.67%) and it still produced a small tail. Sterling, helped by its own surprisingly strong data, was the only G10 currency to have gained against the surging dollar. Still, no important technical levels were breached,...

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If We No Longer Pay Attention to Things We Don’t Control, What’s Left For Us to Focus On?

Our time is better invested in actually learning about trends that impact us directly. Imagine making this simple change in your life: whatever you don’t control, you stop paying attention to it.This includes a vast array of “news” and “crises” that we have zero control over: the wretched flooding in Timbukthree, geopolitics, distant wars, macro-economic trends, politics above the micro-local level, and so on. Once we stop paying attention to everything we don’t...

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Upside Surprise in UK’s Flash PMI and Better-than-Expected January Public Finances Lift Sterling

Overview: Rising interest rates are weighing on risk appetites and the dollar is broadly stronger. Sterling is a notable exception after a stronger than expected flash PMI and better than expected public finances. The correlation between higher US rates and a weaker yen is increasing and the greenback looks poised to rechallenge the JPY135 area. A slightly better than expected preliminary PMI and hawkish minutes from the recent RBA meeting has done little to support...

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The number of cross-border commuters rose by 6.1% in 4th quarter 2022 over a one-year period

21.02.2023 – The number of workers holding a cross-border commuter permit (G permit) increased by 6.1% between the 4th quarters of 2021 and 2022 with 380 000 persons. Their share in the employed population was 7.3% (+0.4 percentage points). These are the findings of the Cross-border Commuter Statistics, conducted by the Federal Statistical Office (FSO). . Download press release: The number of cross-border commuters rose by 6.1% in 4th quarter 2022 over a one-year...

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Monday: A Short Note while US is on Holiday

The dollar is mostly softer, but turnover is mostly quiet.  The Swedish krona leads the move after higher-than-expected underlying inflation.  It is a mild risk-on day with equities moving higher too.  In the Asia Pacific region, China stood with the CSI 300 up almost 2.5%.  Europe’s Stoxx 600 is up fractionally to recoup most of the pre-weekend decline.  US equity futures are narrowly mixed.  European bond yields are little changed, with a couple of exceptions: ...

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Swiss banks accused of hiding data behind secrecy laws

For journalists and historian, Swiss banking data remains behind locked doors. © Keystone / Gaetan Bally Swiss banking secrecy used to be the bane of foreign countries trying to catch tax cheats. Now it’s the turn of Swiss journalists and historians to cry foul of laws that can hinder their work. When not covering fintech, cryptocurrencies, blockchain, banks and trade, swissinfo.ch’s business correspondent can be found playing cricket on various grounds in...

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Is Capitalism to Blame for the Ohio Train Disaster?

On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop address whether the Ohio train disaster is an example of “capitalism gone amuck”. They discuss Murray Rothbard’s views on pollution, the secondary consequences of the regulatory state, and the decaying qualities of modern financialization. Also, join the Mises Institute in Tampa this month for a special event featuring Per Bylund, Jeff Deist, Tho Bishop, and Brett Lindell, on February 25. Learn more at...

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