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Jeff Deist

Jeff Deist

Jeff Deist is president of the Mises Institute. For many years he was an advisor to Ron Paul and a tax attorney specializing in mergers and acquisitions for private equity clients.

Articles by Jeff Deist

The Absurdity of Covid “Cases”

10 days ago

We have had nearly eight months of life and liberty stolen from us by politicians and their hysteria-promoting accomplices in media. How much more will we accept?This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack. Original Article: “The Absurdity of Covid ‘Cases'”.

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The Forgotten Hazlitt Book

15 days ago

Most of you know the great journalist Henry Hazlitt for his remarkable Economics in One Lesson. But in this episode, Jeff Deist discusses Hazlitt’s virtually unknown 1942 book A New Constitution Now, which is nothing short of a how-to guide for remaking the US constitutional system. Hazlitt was concerned about FDR’s third term and what …

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The Absurdity of Covid “Cases”

21 days ago

Today’s headlines announced Donald and Melania Trump “tested positive” for covid-19. Another claims nineteen thousand Amazon workers “got” covid-19 on the job. Both of these pseudostories are sure to ignite another absurd media frenzy.  As always, the story keeps changing: Remember ventilators, flatten the curve, the next two weeks are crucial, etc.? Remember Nancy Pelosi in Chinatown …

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Ron Paul Remains Unstoppable

23 days ago

In a very real sense Dr. Paul is the only Misesian ever to serve in Congress.  Narrated by the author. Original Article: “Ron Paul Remains Unstoppable​”.

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Ron Paul Remains Unstoppable

24 days ago

When Dr. Ron Paul suffered a health scare during his live Liberty Report show last Friday, I was perhaps less worried than most of his friends, family, and fans. His remarkable vitality, vigor, and energy are well known to those around him, along with his penchant for exercise, clean living, and light eating. Having known him thirty years, I simply had no recollection of him ever being sick or out of commission. This is a man who had never missed a day of work or an event, at least in my memory. In my mind he was simply always there, a fixed feature of life. So my immediate reaction was to think he would be fine.
As it turns out, he is fine. Even unstoppable.
In Dr. Paul’s congressional office during the early 2000s, his

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Ron Paul Remains Unstoppable

24 days ago

When Dr. Ron Paul suffered a health scare during his live Liberty Report show last Friday, I was perhaps less worried than most of his friends, family, and fans. His remarkable vitality, vigor, and energy are well known to those around him, along with his penchant for exercise, clean living, and light eating. Having known him thirty years, I simply …

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The CDC Is America’s New Landlord

September 4, 2020

This is astonishing, even by 2020 standards. The Centers for Disease Control and Prevention, operating under the US Department of Health and Human Services, has asserted jurisdiction over private residential leases nationwide. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack. Original Article: “The CDC Is America’s New Landlord​”

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The CDC Is America’s New Landlord

September 3, 2020

The Centers for Disease Control and Prevention, operating under the US Department of Health and Human Services, has asserted jurisdiction over private residential leases nationwide. It intends to curtail evictions until at least the end of the year, and in fact its new directive threatens federal criminal penalties against landlords who ignore tenant “declarations” made using CDC forms.
It is unclear, to put it mildly, exactly how this jurisdiction over private contracts and state/local courts flows even to Congress, much less an administrative agency acting on its own. One federal official justifies the bizarre and legally dubious action based on the CDC’s broad charter to stop the spread of communicable diseases—a charter at

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Coming Apart, Coming Together

August 31, 2020

Last time we met in Orlando, Bob Murphy mentioned how much worse our political and social divide would be if the economy crashed like 2008. Now we face this very problem—with COVID-19 lockdowns and George Floyd protests decimating the economy and social media exposing raw animosity along racial and “woke” lines. Congress and the Fed …

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Getting Liberalism Wrong

August 27, 2020

Yoram Hazony, author of The Virtue of Nationalism and one leader of a new “national conservatism” project, recently wrote an important and compelling article for Quillette titled “The Challenge of Marxism.” Hazony says out loud what few Western intellectuals will admit, namely that liberalism is not holding and has not triumphed in 2020 America and Europe. We have not reached the end of history.
Our criticism lies not with Hazony’s thesis, but with his particular conception of what liberalism is, what it has become, and what it should be.
Hazony laments, correctly, the expressly Marxist takeover of once liberal institutions, especially “mainstream media, universities, tech companies, philanthropies, and government bureaucracies.”

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Getting Liberalism Wrong

August 26, 2020

Yoram Hazony, author of The Virtue of Nationalism and one leader of a new “national conservatism” project, recently wrote an important and compelling article for Quillette titled “The Challenge of Marxism.” Hazony says out loud what few Western intellectuals will admit, namely that liberalism is not holding and has not triumphed in 2020 America and …

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Why Fed Bugs Really, Really Hate Gold

August 19, 2020

Fed bugs sound like real estate agents in reverse: there is never a good time to buy gold. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros. Original Article: “Why Fed Bugs Really, Really Hate Gold​”.

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Trump Agonistes

August 18, 2020

Populists need a status quo to oppose, but now Trump stands as the incumbent. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros. Original Article: “Trump Agonistes”.

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Trump Agonistes

August 18, 2020

Can Donald Trump, against all odds, still win in November?
It would be a remarkable political feat, on par with his stunning upset in 2016. A global pandemic (however statistically dubious) ravages the country, while riots ravage major US cities. The US economy produces a third less than it did a year ago, 40 million people are out of work and dependent on federal benefits, and 60 percent of all restaurants may go under. Millions of Americans will not pay rent, mortgages, or credit card bills for the foreseeable future. Millions of their kids will not go to school at all, or will simply stare at their teachers on Zoom. Others wear face shields and sit behind plastic screens at their desks. College football, a religion in America,

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Trump Agonistes

August 14, 2020

Can Donald Trump, against all odds, still win in November?  It would be a remarkable political feat, on par with his stunning upset in 2016. A global pandemic (however statistically dubious) ravages the country, while riots ravage major US cities. The US economy produces a third less than it did a year ago, 40 million …

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The Mises Institute’s Master of Arts in Austrian Economics to Commence Next Week

August 13, 2020

Imagine creating a graduate school in economics today, from scratch. What would it look like? For starters, it would be online, inexpensive, fast, flexible, and taught using the great treatises. It would stress economic history. It would be rigorous. It would focus on fundamentals. And critically, it would teach real economics from an Austrian perspective. …

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Why Fed Bugs Really, Really Hate Gold

August 11, 2020

Judy Shelton, a Trump nominee to the Fed Board of Governors, may not have coined the excellent term “Fed Bug,” but she used it to delicious effect in this 2019 Financial Times interview:
“People call me a goldbug, and I think, well, what does that make them? A Fed bug,” she says.
Can anyone the ​New York Times attacks this dishonestly be all bad?
For our purposes, Fed Bugs are people with a faith-based belief in the power of central banks (and central bankers) to engineer economic growth using “monetary policy,”despite decades of history and current evidence to the contrary. They believe tinkering with inputs and rates and velocity and flows somehow makes us richer in terms of productivity, goods, and services. They believe in

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Why Fed Bugs Really, Really Hate Gold

August 9, 2020

Judy Shelton, a Trump nominee to the Fed Board of Governors, may not have coined the excellent term “Fed bug,” but she used it to delicious effect in this 2019 Financial Times interview: “People call me a goldbug, and I think, well, what does that make them? A Fed bug,” she says. Can anyone the ​New York Times attacks this dishonestly be all bad?For …

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About Those Spooky Federal Cops in Portland

July 22, 2020

Dear Portlandia progressives: a federal government big enough to take care of you is a federal government big enough to “take care of  you.”
Scary unidentifiable police, federal black sites, and procedureless snatching of individuals from the streets are the wholly predictable and natural consequences of the very policies you advocated for decades. Why do you imagine a big government with lots of power will restrict itself to the cozy “social issues” and economic takings you support? Government can seize the means of production, but not seize you? You wanted everything run from DC, and you got what you wanted. Plus you certainly would be every bit as outraged if federal agents concerned about the undermining of

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Will Economics Fall to Politics?

July 11, 2020

The intense pressure to politicize every aspect of academia will not spare economics, and why would it? A society willing to topple statues is hardly one to worry about pulling down a body of knowledge, especially one skillfully characterized by the Left as a political program rather than an actual social science.

Keep in mind that the English literary canon and “Western civ” generally are under fire on campuses across America. What we think of as important and seminal works in classics, literature, philosophy, and history increasingly are questioned and discarded. Even hard-science STEM curricula are not immune—and not simply for the lack of diversity among those working and teaching in STEM fields, but because the knowledge itself is deemed too Western and

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Who Is the Greatest Living Economist?

July 4, 2020

With the venerable Dr. Thomas Sowell turning ninety this week, a question arises in the fintwit (financial Twitter) world: Who is the greatest living economist?
This question is more difficult than it appears. First, determining the “greatest” individual in any human field is always a highly subjective endeavor, whether we’re talking about economists or basketball players. Do we mean the most brilliant economist, in terms of sheer mental horsepower, or the most influential? The most prolific? Most “correct”? Most respected? Most listened to, either by policymakers or the public? The economist with the most significant impact today? The most famous? Someone who is most popular among their academic peers, or best known to lay

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Man, Economy and State with Jeff Deist

July 3, 2020

Today’s solo show kicks off our reading of Rothbard’s landmark Man, Economy, and State with a look at Chapter 1, “Fundamentals of Human Action.” So much of what economics texts get wrong is laid out brilliantly here by Rothbard, who gives readers the basics of action, means/ends, time, ranking, factors of production, and capital in …

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MMT: Not Modern, Not Monetary, Not a Theory

June 26, 2020

It’s easy to dismiss MMT out of hand, but the impulse to create something from nothing resides deep in the human psyche. Narrated by the author. Original Article: “MMT: Not Modern, Not Monetary, Not a Theory”.

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MMT: Not Modern, Not Monetary, Not a Theory

June 26, 2020

Modern monetary theory (MMT) has a new champion, and a new bible. Stephanie Kelton, economics professor at SUNY Stony Brook, is the author of The Deficit Myth: Modern Monetary Theory and the Birth of the People’s Economy. Professor Kelton was an advisor to the Bernie Sanders presidential campaigns, and her ideas increasingly find purchase with left progressives. It is certainly possible that she has a future either in a Biden administration or even on the Federal Reserve Board, which is a testament to how quickly our political and cultural landscape has shifted toward left progressivism. And left progressivism requires a “New Economics” to provide intellectual cover for what is essentially a political argument for painless free

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The Search for Yield

June 22, 2020

A no-holds-barred discussion of the economy after the coronavirus shutdown and George Floyd protests. Are we facing another Great Depression? Can there be a V-shaped recovery or is this wishful thinking? What will all the new money and credit created by Congress and the Fed mean for the dollar? What kind of economic mess will Trump or Biden inherit in 2021? How far will Fed chair Powell go to keep markets propped up? And how can you protect yourself and your savings?
Recorded at Avondale Brewing Company in Birmingham, Alabama, on June 6, 2020. Special thanks to Mark Walker for sponsoring this event.
Listen to the podcast.
Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.

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Seattle’s CHAZ: Homesteaders or Illegal Squatters?

June 15, 2020

Protestors in Seattle have taken over whole city blocks in a neighborhood known as Capitol Hill, just a bit north of downtown. They occupy city streets and parks, as well as (apparently) a police precinct building. This enclave, dubbed the “Capitol Hill Autonomous Zone” or CHAZ, is now making headlines around the world. Its newly assembled residents have declared CHAZ an independent nation apart from both Seattle and America, and thus exempt from laws and local police jurisdiction. They have set up fences and checkpoints around the area (so much for open borders), and already urban legends are proliferating about warlords taking over, extortion and shakedowns replacing taxes, and new forms of quasi-private security taking hold.

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The Search for Yield

June 8, 2020

A no-holds-barred discussion of the economy after the coronavirus shutdown and George Floyd protests. Are we facing another Great Depression? Can there be a V-shaped recovery or is this wishful thinking? What will all the new money and credit created by Congress and the Fed mean for the dollar? What kind of economic mess will Trump …

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