Mises Institute
Friday, November 28, 2025
You know the economy is looking bad when the media pushes articles saying saving money is bad for the economy. It happened in 2001 and again in 2008. Now that tradition continues at CNBC. Today at mises.org, we explain ([link removed]) why the media harangues are all wrong.
A great alternative to the errors of modern economists is always the great Frédéric Bastiat, and Ulrich Fromy shows today ([link removed]) how Bastiat understood the key value of people we now call “middlemen.”
Ryan McMaken, Editor-in-Chief
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We’re Approaching the “Blame the Consumer” Stage of the Boom-Bust Cycle
Ryan McMaken
In a recession or a crisis, the right approach for individuals is to save. So too for the national economy. Saving does not cause the economy to fall into recession any more than more spending can save it from recession.
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Frédéric Bastiat: The Unseen Role of Intermediaries
Ulrich Fromy
Bastiat emphasized that much of what goes on in the economy involves things we don’t see directly. Intermediaries often fall into Bastiat’s category of things “not seen.”
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How 50-Year Mortgages Turn Home Owners into Renters
Taxpayers will pay the price.
LISTEN + ([link removed])
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Thanksgiving Is a Celebration of Free Enterprise
Free enterprise began at Plymouth with fences, not five-year plans.
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Intellectual Property Laws Violate the (Free) Market
No one can legitimately create a monopoly on ideas.
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The Vacancy Tax
A vacancy tax charges property owners for leaving properties unoccupied for a set time.
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Thanksgiving: Celebrating the Birth of American Free Enterprise
Colonial reminders that communism fails.
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No, You're Not Hurting the Economy by Saving Money
It's an old Keynesian myth.
WATCH NOW ([link removed])
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The Misesian
In the latest issue of The Misesian, we give readers a sense of what happens at Mises University by featuring lectures and photos from the event, as well as testimonials from students.
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