The Free Market

How Wilson and the Fed Extended the Great War

JournalsOctober 31, 2014
With European powers broke and economically ailing by 1916, World War One would have ended much sooner had the Federal Reserve and its cronies not stepped in to help England and France keep the bloodshed going. Meanwhile, US economic intervention led to a huge post-war bust in America.

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The Cultural and Political Consequences of Fiat Money

JournalsOctober 31, 2014
The Free Market 32, no. 10 (October 2014) It may seem unusual that an economist would talk about culture. Usually, we talk about prices and production, quantities produced, employment, the structure of production, scarce resources, and entrepreneurship. But there are certain things that economists...

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Misesians in Japan

JournalsSeptember 8, 2014
Marc Abela talks with us about the state of Austrian economics and the freedom philosophy in Japan.

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Sweden's Great Depression

JournalsSeptember 8, 2014
The Free Market 31, no. 11 (November 2013) During the recent financial crisis, Sweden has emerged as one of very few financially sound economies. The country’s strong position, setting it apart from Western nations, makes it an interesting example of what could—or should—have been...

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Biographer, Scholar, Friend: Mary Sennholz at 100

JournalsSeptember 8, 2014
The Free Market 31, no. 12 (December 2013) Mary Sennholz, wife of Austrian economist Hans Sennholz and friend of Margit and Ludwig von Mises, recently spoke with Senior Fellow Jeffrey Herbener and Associated Scholar Shawn Ritenour about her long career as a writer and editor, and as a friend and...

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The Mises Institute and the Future of Higher Learning

JournalsSeptember 8, 2014
And we will continue doing what we’ve always done with traditional academia and ensuring that our students who wish to pursue graduate degrees in economics and related fields will continue to benefit from our academic conferences, fellowships, and academic journals...

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England's Levellers: The World's First Libertarian Movement

JournalsSeptember 7, 2014
The first-ever libertarians were the Levellers, an English political movement active in the seventeenth century.

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How Carl Menger Put Consumers at the Center of Economic Science

JournalsSeptember 7, 2014
The economics profession acknowledges Menger’s place due to his contribution to the Marginalist Revolution in the 1870s, it otherwise ignores him because his theoretical framework does not lend itself to policy prescriptions...

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The New Skyscraper Curse

JournalsSeptember 7, 2014
The Free Market 32, no. 4 (April 2014) From CNN to Barron’s to Le Monde , Mark Thornton has been featured as an authority on how record-setting skyscrapers signal impending economic downturns. Last month, Dr. Thornton spoke with us about the Skyscraper Index and the Skyscraper Curse. Mises...

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