Support Mises
Mises Wire

There Are No Demand or Expenditure Problems. There are Only Pricing Problems

There Are No Demand or Expenditure Problems. There are Only Pricing Problems
Mises Wire Dan Sanchez
Print this page

This is according to Austrian economist G.P. Manish, paraphrasing the great economist W.H. Hutt, as he explains Keynesianism and Austrian Business Cycle Theory in an excellent interview with Tom Woods.

All Rights Reserved ©
What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. 

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

Become a Member
Mises Institute