Mises Institute
The Human Action Podcast

Dr. Patrick Newman Introduces Rothbard's History of Economic Thought

09/24/2021Mises Media
Dr. Patrick Newman introduces the first in a series of episodes on Rothbard's History of Economic Thought.
one ring

A Global Fiat Currency: "One Ring to Rule Them All"


The One Ring of power stands for the particularly evil idea of creating a state of states, a world government, a world state. A one-world fiat currency is similarly dangerous. 

Austrian Economics and Scientific Realism


Human action does not operate under fixed causal laws, and according to philosopher Uskala Mäki, “The absence of [these laws] has been forcefully underlined by several Austrian economists.” 

The Public Health Officials Say "Trust Us." The Data Says Otherwise.


Despite all the data we have on lockdowns, hospitalization trends, and newly emerging vaccination data, one can only marvel at how trust in the public health system and ruling elite can persist in any capacity.

Too Much Inflation? Just Raise the Inflation Target!


The new "2 percent average" standard from last year helped the inflationists, but there are now calls for scrapping the "too low" 2 percent inflation limit altogether.

Is an Educated Population Really Necessary for Innovation and Growth?


The example of England in the Industrial Revolution suggests enormous amounts of innovation and growth can be achieved even without high levels of education among the general population. 

Should War Be Made "Humane"?


Moyn fears that "humane warfare" along with programs of global surveillance, would subject the world to hegemonic control by one or a few dominant superpowers.

Review: Monetary Policy after the Great Recession: The Role of Interest Rates

09/22/2021Quarterly Journal of Austrian Economics

Nikolay Gertchev reviews Arkadiusz Sieron's effort to investigate the failure of expansionary monetary policy to address the challenges of the 2008–09 Great Recession.

Before a Bust, There Is Always a Boom (and Malinvestment)


An economic depression is not caused by a decline in the money supply per se, but results from a shrinking pool of savings made possible by a previous bout of monetary inflation.



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