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Category Archives: Transhuman News

Financial Analysts Say Bitcoin’s Price Is Going to Keep Falling and Falling – Futurism

Posted: January 19, 2022 at 11:25 am

Horrible news, crypto investors: Prices are still dropping and they might keep dropping for a while.

Now, analysts for investment bank UBS are warning that crypto markets might be entering another crypto winter as prices steadily fall for the asset class, according to a statement sent to investors and seen by Insider.

Bitcoin prices sit at around $42,500 at the time of reporting a nearly 40 percent drop from its high of $69,000 in November. Thats a fairly steep decline,even for a notoriously unstable cryptocurrency,and analysts expect the floor to go even lower as crypto winter takes hold.

Theres likely a ton of different factors at play. However, UBS analysts believe that there are three main drivers to the price drop.

The biggest is the anticipated rise in interest rates from the Federal Reserve, which has negatively impacted other asset classes like stocks and bonds as well. Goldman Sachs even speculated last week that the Fed might raise rates four times in 2022.

At the same time, many investors seem to be realizing how volatile crypto can be, according to UBS. This is compounded by the limitations of blockchain technology that could make it harder to scale due to its decentralized nature.

Increased regulation is another reason UBSs analysts believe that crypto is crashing. In fact, they said in the statement that cryptos will face bigger setbacks from authorities in the coming months. Even some private entities have started to announce that theyll no longer accept crypto due to its perceived shortcomings and dangers.

All told, it creates the perfect winter storm for cryptocurrencies and its one that might last for a long time.

Of course, this should all be taken with a big grain of salt, since financial analysts have a long and terrible history with making crappy predictions that dont come true. So its perfectly plausible that this is just more crypto fear mongering.

Still, you might want to bundle up your investments just in case a long winter hits.

READ MORE: Bitcoins slump could be the start of a crypto winter that sees prices crash, UBS says. Here are three reasons why. [Insider]

More on crypto bust: Bitcoin Crashes as Major Crypto Country Shuts Down Entire Internet

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The Earth’s Core Is Cooling Way Faster Than We Thought, Scientists Say – Futurism

Posted: at 11:25 am

Our planet is turning into a rocky planet like Mercury or Mars much "faster than expected."Cooling Earth

According to new research, the core of the Earth is cooling much faster and sooner than originally anticipated a new mystery that could throw a wrench in our understanding of the planets evolution.

To get a better sense of how far along the Earth is in the process, scientists are studying the thermal conductivity of the minerals present in the layer between the planets core and mantle. The faster that hot center passes heat to the planets outer layers, the faster the Earth is losing the heat present in its core.

In a lab simulation, a team of researchers from ETH Zurich in Switzerland and the Carnegie Institution for Science applied immense amounts of pressure and heat to a mineral called bridgmanite which is found in the transitional zone between the core and mantle to simulate the conditions deep below the surface. They then measured its thermal conductivity to get a better sense of the cooling processes at play.

The results were surprising.

This measurement system let us show that the thermal conductivity of bridgmanite is about 1.5 times higher than assumed, said ETH professor Motohiko Murakami, lead author of a paper about the findings published in the journal Earth and Planetary Science Letters, in a statement.

In other words, the heat from the core is being passed on at a much faster rate than previously thought, leading to the greater cooling of the Earth.

The study could rewrite what we already know about the dynamic processes leading to the slowing down of convection currents.

Our results could give us a new perspective on the evolution of the Earths dynamics, Murakami explained. They suggest that Earth, like the other rocky planets Mercury and Mars, is cooling and becoming inactive much faster than expected.

The researcher did, however, note we didnt know enough to pinpoint how long it will take for convection currents to stop altogether.

READ MORE: Earths interior is cooling faster than expected [ETH Zurich]

More on the Earth: Climate Scientist Warns That Countries Are Going to Start Geoengineering the Earth

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Faraday Future Welcomes New Hanford, California Mayor Diane Sharp to its Local Production Facility Where it Will Build the New Ultimate Intelligent…

Posted: at 11:25 am

FF hosted new Hanford Mayor Diane Sharp at its manufacturing plant in Hanford to get a first-hand look at the plants updated status and to observe the tremendous momentum driving the EV industry in California

FF is on track to hire 350 new employees at its Hanford production facility this year as it ramps up production

FF recently completed its third major milestone at its Hanford facility and laid out its upcoming plans for the remaining key milestones leading up to Start of Production ("SOP") this summer

LOS ANGELES, January 18, 2022--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. ("FF") (NASDAQ: FFIE), a California-based global shared intelligent electric mobility ecosystem company, recently welcomed newly elected Hanford Mayor Diane Sharp to its production facility in the Central Valley of California to share current and future progress updates leading into the launch of the FF 91 in summer 2022. Sharp was hosted by John Lehn, Director of Government Affairs at FF.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220118005545/en/

John Lehn, Director of Government Affairs for Faraday Future, Welcomes New Hanford, California Mayor Diane Sharp to its Local Production Facility Where it Will Build the New Ultimate Intelligent Techluxury FF 91 EV (Photo: Business Wire)

"Hosting Mayor Diane Sharp at our facility was a great honor, especially with the launch of the FF 91 this summer," said Matt Tall, Vice President of Manufacturing at Faraday Future. "We are working to make the city of Hanford proud to have FF here and look forward to welcoming our city officials back to our plant on a regular basis."

During the tour of the plant, Sharp received an introductory walk-through of the plant and learned of details surrounding upcoming milestones in the manufacturing process for the ultimate intelligent techluxury FF 91 EV. The Hanford facility will use cutting-edge technology and the ability to personalize the vehicle, setting FF apart from traditional OEM mass production.

Story continues

"It is great to see so many people at Faraday Futures Hanford plant working to bring the plant to full production," said Mayor Sharp. "Faraday Future is an exciting company. I am thrilled with the investment that is being made in our community, and am honored to have been invited to tour their very impressive facility."

The FF 91 Futurist Alliance Edition and FF 91 Futurist models represent the next generation of intelligent techluxury EVs. They are high-performance EVs, all-in-one all-ability cars, and ultimate robotic vehicles that allow users to experience a third internet living space beyond their home and office. The models encompass extreme technology, an ultimate user experience and a complete ecosystem. Users can reserve an FF 91 Futurist model now via the FF intelligent APP or FF.com at: https://www.ff.com/us/reserve

ABOUT FARADAY FUTURE

Established in May 2014, Faraday Future is a global shared intelligent mobility ecosystem company, headquartered in Los Angeles, California. Since its inception, Faraday Future has implemented numerous innovations relating to its products, technology, business model, profit model, user ecosystem, and governance structure. On July 22, 2021, Faraday Future was listed on NASDAQ with the new company name "Faraday Future Intelligent Electric Inc.", and the ticker symbols "FFIE" for its Class A common stock and "FFIEW" for its warrants. The "I" in FFIE stands for Intelligent and Internet and the "E" stands for Ecosystem and Electric. FF is not just an EV company, but also an internet and technology company, an AI product company, a software company, and a user ecosystem company. Faraday Future aims to perpetually improve the way people move by creating a forward-thinking mobility ecosystem that integrates clean energy, AI, the Internet and new usership models. With the ultimate intelligent techluxury brand positioning, Faraday Futures first flagship product FF 91 Futurist is equipped with exceptional product power. It is not just a high-performance EV, an all-ability car, and an ultimate robotic vehicle, but also the third internet living space.

FOLLOW FARADAY FUTURE:https://www.ff.com/ http://appdownload.ff.com https://twitter.com/FaradayFuture https://www.facebook.com/faradayfuture/ https://www.instagram.com/faradayfuture/ http://www.linkedin.com/company/faradayfuture

NO OFFER OR SOLICITATION

This communication shall neither constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which the offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.

FORWARD LOOKING STATEMENTS

This press release includes "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Faraday Futures control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include the outcome of the Special Committee review; Faraday Futures ability to regain compliance with the Nasdaq continued listing standards; Faraday Futures ability to execute on its plans to develop and market its vehicles and the timing of these development programs; Faraday Futures estimates of the size of the markets for its vehicles and costs to bring its vehicles to market; the rate and degree of market acceptance of Faraday Futures vehicles; the success of other competing manufacturers; the performance and security of Faraday Futures vehicles; potential litigation involving Faraday Future; the result of future financing efforts and general economic and market conditions impacting demand for Faraday Futures products. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the "Risk Factors" section of the preliminary registration statement on Form S-1 recently filed by Faraday Future and other documents filed by Faraday Future from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Faraday Future does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220118005545/en/

Contacts

For Faraday Future Mark ConnellyInvestors: ir@faradayfuture.com John SchillingMedia: john.schilling@ff.com

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Bright Memory Infinite Takes Futuristic FPS Action to the Next Level – Gamers Decide

Posted: at 11:25 am

Speculation about what the future might hold is something that people have been doing for centuries. Attempting to guess at technologies, constructions, discoveries, and ways of life a hundred years from the present seems to be something that humans find entertaining and intriguing.

Stalking enemies from a height advantage. Image by 'Bright Memory Infinite'.

Bright Memory Infinite is set in the future, in the year 2036, so not a hundred years, but in the future nonetheless. The story begins with a strange phenomenon in the skies above the world. This phenomenon is investigated by an organization called the Supernatural Science Research Organization, and its focus is anything that science and technology cannot explain.

Players must embark on a journey to uncover the secrets of this strange phenomenon, fighting to gain knowledge and understanding of new, undiscovered worlds, and how their history is linked to the history of planet earth by an archaic mystery that has yet to be fully uncovered and understood.

Taking on a massive dude swinging a giant electric club. Image by 'Bright Memory Infinite'.

Players will have a variety of different skills and abilities that they can mix and match to find the most powerful combos for their combat style. They also have a range of weapons to choose from, from a deadly set of swords for hacking and slashing to a variety of different customizable guns and bombs.

As they progress players will develop their skillset and their loadouts, becoming deadlier with every passing minute of fast-paced high octane FPS combat.

Bright Memory Infinite is developed by FYQD-Studio and shines like a star among indie games for performance and quality. The game is available on Steam.

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Black Quantum Futurism gets Creative Capital, Judilee Reed to US Artists, Wayne Thiebaud at Brandywine River Museum of Art, Moe Brooker passes, plus…

Posted: at 11:25 am

Black Quantum Futurism gets Creative Capital, Judilee Reed to US Artists, Wayne Thiebaud at Brandywine River Museum of Art, Moe Brooker passes, plus Opportunities and More

With energy and money, the new year charges in. Creative Capital awards $2.5 Million to 50, including Philadelphias Black Quantum Futurism (Rasheedah Phillips and Camae Ayewa). William Penn Foundations Judilee Reed becomes president and CEO of US Artists. Wayne Thiebaud, who died on Christmas, 2021, at age 101, is honored with a show of 100+ paintings and works of art at the Brandywine River Museum of Art, a Whitney Museum Free Webinar focuses on Jennifer Packer and portraiture in art; And with sadness, we note the passing of Moe Brooker; plus opportunities at Bread and Roses Community Fund and Philadelphia Media Founders Exchange.

Moe Brooker (1940-2022). With sadness, we mark the recent passing of artist, educator, mentor and awesome human, Moe Brooker. To hear Moes voice and words, please click over and listen to Wit Lopezs 2019 interview with him, where he talks about capturing Black joy in his abstract paintings.

United States Artists announced its new President and CEO, Judilee Reed. Reed comes to United States Artists from Philadelphias William Penn Foundation, where she was Program Director of Creative CommunitiesOver the years, shes been an active proponent of direct funding to artists, while developing networks of supplemental support, ranging from health care to financial planning. Through her work in Philadelphia, shes developed strategies for creative placemaking with an eye to racial equity, which shell scale up to serve USAs national mission.

Black Quantum Futurism receives Creative Capital award. Creative Capital today named 50 new Creative Capital Awards for 2022. The grants will fund the creation of innovative new artists projects by 59 individual artists working in the performing arts, visual arts, film, technology, literature, and socially engaged and multidisciplinary practices. Each project will receive varying amounts up to $50,000 in direct funding, supplemented by career development and networking services to foster thriving artistic careers totaling up to $2.5 million in artist supportBlack Quantum Futurism (Rasheedah Phillips, Camae Ayewa), received the award for Time Zone Protocols: Confederate States, Multimedia, Sound Artwhich highlights how Black people re-envision, rewrite, resist, and dismantle material realities of clock time.

Wayne Thiebaud 100: Paintings, Prints, and Drawings, is on view at the Brandywine River Museum of art, Feb. 6 April 10, 2022.Brandywine River Museum says Highlighting the full range of this iconic American artists work made over 70 years, the exhibition features a spectacular selection of his paintings, watercolors and prints. Created on the occasion of Thiebauds 101th birthday, the exhibition now also serves as a fitting tribute to his remarkable career following the artists recent death on December 25, 2021.

Floaties come to the SchuylkillTwo organizations have received funding from multiple organizations to create floating education labs on the Schuylkill River. We cant wait to sample each of these floating labs, and think that two floaties are definitely better than one.

More on the Mural Arts FloatLab at Bartrams Garden, here.More on the Water Works Floating Water Workshop here.

The Bread & Roses Community Fund is hiring a Program Coordinator! The program coordinator supports Bread and Roses Community Funds community-led grantmaking processes and grantee capacity building practices. The program coordinator shares grantmaking coordination responsibilities for Bread & Roses Community Funds grants, including core funds, yearly special issue funds, a scholarship, and donor-advised funds with the programs associate.Deadline to apply: Friday, February 4th, 2022 (via CultureWorks)

Applications are now open for the Philadelphia Media Founders Exchange, a new accelerator program from the Lenfest Institute, designed in partnership with community members, to support the regions BIPOC media entrepreneurs through training, one-on-one coaching, and grantmaking.Deadline to apply: Tuesday, January 18th, 2022 (via CultureWorks)

Whitney Museum Short Course on Contemporary Art Subjecthood in Painting TodayTuesdays, January 18February 1, 6 pm FREEREGISTER: Whitney Webinar Registration site

This three-part course led by Ayanna Dozier looks at the work of contemporary painters of color who utilize the figure to explore the conceptual. Held in conjunction with the exhibition Jennifer Packer: The Eye Is Not Satisfied With Seeing, it offers participants an in-depth view into the fragmented and lush experimental paintings on view in the exhibition.

Considering both the historical Romanticism movement and the post-punk music style of New Romanticism, we will examine the ways in which a new generation is turning away from the rational self and towards the interpersonal, the subconscious, and the dreary. Building on the works of artists like Jennifer Packer, Amy Sherald, Salman Toor, and Jordan Casteel, the course will examine how artists understand angst amid sociopolitical collapse and complacency to oppressive systems.

An open Q&A and discussion follows each session. Registrants can access on-demand course recordings for the duration of the course.

Ayanna Dozier is an artist, lecturer, curator, and scholar. She recently completed her Ph.D. in art history and communication studies at McGill University. She is the author of the 33 book on Janet Jacksons The Velvet Rope. She is currently a Joan Tisch Teaching Fellow at the Whitney and a lecturer in the Department of Communication and Media Studies at Fordham University.

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Instagram Influencers Are Cloning Their Pets to Keep Churning Out Content After They Die – Futurism

Posted: at 11:25 am

In a bleak reflection of ourself-obsessed society, online influencers are cloning their pets for internet clout.

The idea, because we live in a dark timeline, is often to continue making content after the original animal has died.

Take Courtney Udvar-Hazy, the 29 year old behind @wander_with_willow, who cloned her dog Willow with the help of pet cloning company ViaGen and tens of thousands of dollars spent after the pups untimely death in 2018.

It may have helped her grieve her loss but her investment also allowed her to keep the Instagram account going.

I get a lot of crap about cloning, Udvar-Hazy told Input. People say I have zombie dogs, or they call me a crazy rich girl. It was hurtful to me at first.

Udvar-Hazy isnt alone. For instance @ipartywithbrucewayne, a different pet influencer account on the platform, regularly posts photos of four cloned chihuahuas along with the original.

Other accounts including @clash_of_the_clones and @baxter_the_clone also openly market their cloned pets.

Someone could clone their pet and replace the original, Melain Rodriguez, client service manager at ViaGen, told Input. The world doesnt have to know. They may never know.

Its worth noting that having a cloned pet doesnt actually mean itll be an exact replica of the original. In fact, many cloned pets have turned out to be quitedifferent from the DNA donor.

That hasnt stopped the well-off from shelling out anywhere between $35,000 and $50,000 to genetically replicate their beloved fur babies, according to Input.

And honestly, who can blame them? Udvar-Hazy claims that it helped her grieve the loss of her furry companion. Anyone whos ever lost a pet before knows how devastating that can be.

On the other hand, cloning your pet could just as easily be seen as a misguided attempt to bring them back. After all, the clone will eventually die too.

At worst, its a vain and ethically fraught way to gain clout on Instagram andbesides, there are plenty of dogs in shelters out there that are looking for their forever home.

READ MORE: Bring in the clones: Instagrammers are genetically replicating their pets [Input]

More on cloned pets: This Guys $35,000 Cat Clone Looks Nothing Like the Original

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Gas Prices So High in Finland One Woman Gets Around With Reindeer – Futurism

Posted: at 11:25 am

"How many carrots per mile does that model get?"CPM (Carrots Per Mile)

One woman in Lapland, the frozen northernmost region in Finland, went viral after posting a video of her reindeer-powered sled. Janita Kenttl said on Tik Tok she was traveling to the supermarket the old school way because its more eco-friendly and because gas prices are so high.

When they priced the gasoline 2e/liter and you live in Lapland with long distance everywhere, Kenttl captioned the video, which has more than 600,000 likes and 4,700 comments.

In the clip Kenttl wears a traditional Luuhka, a cold-weather cape sometimes worn by indigenous Smi people of Finland. In the vid, her 3-year-old reindeer Solina pulls the sled along a beautiful snowy landscape, weaving a path between trees, his antlers protruding above a furry coat and white tail.

How many carrots per mile does that model get? one commenter quipped.

According to one tracker, Finlands gasoline cost as much as $8.00 USD per gallon as of early January 2022. If, as Kenttl says, many residents must travel long distances to even get to a grocery stores, its easy to see why such an eco-friendly alternative would be preferable. With oceans hotter than ever before, reducing emissions must be a top priority, and Kenttls team could teach us a thing or two.

Kenttl, president and COO of the Lapland tour company Eanan, says on her site that shes always looking for ways to make her operation more efficient and eco-friendly because nature is everything to her. The team uses reindeer and husky sled dogs for their tours.

In other words, dont fix it if it aint broke. The Smi people have survived in a harsh winter wilderness longer than any car company has existed, so we figure theyre the experts in effective, eco-friendly transport.

Mush!

More on advanced transport: Self-driving Car Has Giant Airbag For When It Accidentally Plows Into Pedestrians

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A Giant Asteroid Is Careening So Close That You’ll Be Able to See It From Earth – Futurism

Posted: at 11:25 am

It'll be a sight for sore eyes (if you have a telescope handy). Heads Up

Were about to have a close call with a huge asteroid but dont worry, its not gonna turn out like in the recent satirical science fiction movie Dont Look Up.

AsLive Science reports, astronomers are categorizing this one kilometer long asteroid thats double the length of the Empire State building as potentially hazardous due to its hefty size and troubling trajectory.

And though it wont hit Earth, the asteroid is coming so close it will become visible with a small telescope. And thats pretty cool.

On January 18 at 4:51 pm Eastern time, the asteroid, known officially as (7482) 1994 PC1, will hurdle within 1.2 million miles of Earth, making it a Near-Earth Object (NEO).

While thats still very far away, NASAs Asteroid Watch notes that the potentially hazardous moniker is placed on any asteroid thats more than about 460 feet (140 meters) in size with orbits that bring them as close as within 4.6 million miles (7.5 million kilometers) of Earths orbit around the Sun.

According to NASAs NEO Observation Program, there are roughly 28,000 known NEOs that are at least 460 feet wide, with 3,000 new sightings being made each year, Live Science notes.

This isnt the first time this particular asteroid has screamed past our planet. It came within 700,000 miles away from Earth in 1933, according to NASAs Jet Propulsion Lab and will pay us another visit in 2105 as well.

Though interest in asteroids and any potential collision with Earth is always a spicy meatball, NASA says we should be safe and soundat least for the next 100 years or so.

READ MORE:Watch an Asteroid Race Across the Sky [Sky and Telescope]

More roid rage:SpaceX Launches NASA Battering Ram to Crash into Giant Asteroid

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Ex-Crypto Backer: Bitcoin Is a "Contagious Disease" and It’s About to Get Nasty – Futurism

Posted: at 11:25 am

An options trader-turned-economic philosopher is slamming Bitcoin, calling it a disease.

In a series of tweets this week, Nasim Nicholas Taleb, NYU risk engineering professor and author of the 2007 bookThe Black Swan, called Bitcoin a contagious disease built on bringing in suckers to build up a fragile speculative bubble thats nowset to burst.

Given that Bitcoin is expected to reach historic lows, chances are his prediction could come true.

Before last summer, the author was a Bitcoin believer. In 2017, Taleb went so far as to write the foreword to The Bitcoin Standard, written by fellow Lebanese countryman and economist Saifedean Ammous. In the book, both Taleb and Ammous championed the cryptocurrency as a way out of repeated financial crises caused by traditional banking.

Taleb has since had a huge change of heart and reversed his stance on Bitcoin. Last summer, he self-published a black paper in which he explained why he no longer bought into the hype of Bitcoin and why he now considers it worthless and dangerous.

Since coming out swinging against the cryptocurrency, thewriter hasnt backed down, calling BTC proponents imbeciles, and the currency itself an awkward, clunky, and already obsolete product of low interest rates.

The proposition of cryptocurrencies at large acting as an insurance policy against governments controlling financial markets has failed tremendously, Taleb argued in his paper.

It is indeed desirable to have at least one real currency without a government, Taleb argued in the paper. But the new currency just needs to be more appealing as a store of value by tracking a weighted basket of goods and services with minimum error.

Indeed, Taleb argues that Bitcoin is no real currency at all, but people confuse it for one due to its speculative worthand its prominent volatility.

Few assets in financial history have been more fragile than Bitcoin, he wrote in the paper.

On his Twitter feed, Taleb has repeatedly been far harsher than he was in the paper, likening Bitcoin speculation to a less-aesthetic iteration of the infamous 17th century Dutch tulip bubble which ended in disaster.

While hes not the first former crypto stan to change his tune, Taleb provides academic explanations for his evolving opinions.

With the crypto world becoming more and more mainstream, such rigor is pretty refreshing regardless of whether you agree or not.

READ MORE:Black Swan author warns bitcoin is a worthless, speculative bubble [Business Insider]

More bolstering this take: Bitcoin Crashes as Major Crypto Country Shuts Down Entire Internet

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Mises Institute – Wikipedia

Posted: at 11:16 am

Libertarian economic think tank

United States

The Ludwig von Mises Institute for Austrian Economics, or Mises Institute, is a libertarian nonprofit think tank located in Auburn, Alabama, United States.[2][3] It is named after Austrian School economist Ludwig von Mises (18811973).

It was founded in 1982 by Lew Rockwell, Burton Blumert, and Murray Rothbard,[4] following a split between the Cato Institute and Rothbard, who had been one of the founders of the Cato Institute.[non-primary source needed][5] It was funded by Ron Paul.[3]

The Ludwig von Mises Institute was founded in 1982 by Lew Rockwell. Rockwell, who had previously served as editor for Arlington House Publishers, received the blessing of Margit von Mises during a meeting at the Russian Tea Room in New York City, and she was named the first chairman of the board.[6][7][self-published source?] Early supporters of the Institute included F.A. Hayek, Henry Hazlitt, Murray Rothbard, Ron Paul, and Burt Blumert.[4][non-primary source needed] According to Rockwell, the motivation of the institute was to promote the specific contributions of Ludwig von Mises, who he feared was being ignored by libertarian institutions financed by Charles Koch and David Koch. As recounted by Justin Raimondo, Rockwell said he received a phone call from George Pearson, of the Koch Foundation, who had said that Mises was too radical to name an organization after or promote.[8]

Rothbard served as the original academic vice president of the institute. Paul agreed to become distinguished counselor and assisted with early fundraising.[4][non-primary source needed]

Judge John V. Denson assisted in the Mises Institute becoming established at the campus of Auburn University.[9] Auburn was already home to some Austrian economists, including Roger Garrison. The Mises Institute was affiliated with the Auburn University Business School until 1998 when the institute established its own building across the street from campus.[10][non-primary source needed]

Kyle Wingfield wrote a 2006 commentary in The Wall Street Journal that the Southern United States was a "natural home" for the institute, as "Southerners have always been distrustful of government," with the institute making the "Heart of Dixie a wellspring of sensible economic thinking."[5]

Its academic programs include Mises University, Rothbard Graduate Seminar, the Austrian Economics Research Conference, and a summer research fellowship program. In 2020, the Mises Institute began offering a graduate program.[11] It has led to the creation of spin-off organizations around the world, including Brazil,[12][bettersourceneeded] Germany,[13] South Korea,[14][bettersourceneeded] and Turkey.[15][non-primary source needed]

A defining philosophy of the institute is Misesian praxeology ('the logic of human action'), which holds that economic science is deductive rather than empirical. Developed by Ludwig von Mises, following the Methodenstreit opined by Carl Menger, it opposes the mathematical modeling and hypothesis-testing used to justify knowledge in neoclassical economics. Misesian economics is a form of heterodox economics.[16] This emphasis on Misesian methodology is distinct from other scholars in the Austrian tradition, including Hayek and those associated with George Mason University.[17]

The Mises Institute has been criticized by some libertarians for the paleolibertarian and right-wing cultural views of some of its leading figures, on topics such as race, immigration, and the presidential campaigns of Donald Trump.[18][19][20][21]

In the late 1980s and early 1990s, Rockwell and Rothbard embraced racial and class resentments to build a coalition with populist paleoconservatives.[18] This rhetoric appeared at the time in newsletters for Ron Paul that Rockwell was later identified as writing, including statements against black people and gay people that later became controversies in Paul's congressional and presidential campaigns.[18][3] Separately, Rothbard's writing opposed "multiculturalists" and "the entire panoply of feminism, egalitarianism".[3]

A 2000 report by the Southern Poverty Law Center (SPLC) categorized the Mises Institute as Neo-Confederate, "devoted to a radical libertarian view of government and economics."[22] In 2003, Chip Berlet of the SPLC described the institute as "a major center promoting libertarian political theory and the Austrian School of free market economics", noted Rothbard's disgust with child labor laws, and wrote that other institute scholars held anti-immigrant views.[23]

When a New York Times reporter requested a tour of the institute in 2014, Rockwell asked him to leave, saying he was "part of the regime."[3]

Candice Jackson, who served as acting head of the U.S. Department of Education Office for Civil Rights during the Trump Administration, was previously a summer fellow at the Mises Institute.[24]

The Mises Institute makes available a large number of books, journal articles, and other writings online, and archives various writings on its website. Its Quarterly Journal of Austrian Economics discusses Austrian economics. It published the Journal of Libertarian Studies from 1977 to 2008.[citation needed]

Notable figures affiliated with the Mises Institute include:[25][non-primary source needed]

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Mises Institute - Wikipedia

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