Mises Institute
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Review: Narrative Economics: How Stories Go Viral and Drive Major Economic Events

32 min agoQuarterly Journal of Austrian Economics
Brendan Brown reviews "Narrative Economics," which argues that "economic fluctuations are substantially driven by contagion of oversimplified and easily transmitted variants of economic narratives."
genoa

Private Defense in the History of Genoa

Blog3 hours ago

The Republic of Genoa provides an example of a how a small "state" managed to defend itself against much larger states using military resources that were overwhelmingly owned and controlled by private parties.

Who Is the Greatest Living Economist?

07/02/2020Power & Market

With the venerable Dr. Thomas Sowell turning ninety this week, a question arises in the fintwit (financial Twitter) world: Who is the greatest living economist?

The Social Consequences of Zero Interest Rates

Blog8 hours ago

As Japan has shown, ultralow interest rates can greatly affect a society that was once impressively focused on innovation and investment.

The Constitution Failed

Blog07/03/2020

The constitution is a dead letter. The only way to save its ideals is to rebuild the ideology behind it — laissez faire liberalism — from the ground up.

Man, Economy and State with Jeff Deist

07/03/2020Audio/Video

Jeff Deist tackles the first Chapter of Man, Economy, and State. So much of what economics texts get wrong is laid out brilliantly here by Rothbard, who gives readers the basics of action, means/ends, time, ranking, factors of production, and capital in this 77 page master class. 

Nozick and the Minimal State

Blog07/03/2020

Nozick tries and fails to show how a minimal state might justifiably arise from Rothbardian anarchy.

The Problem with Measuring "Consumer Sentiment"

Blog07/03/2020

Information on consumer sentiment is potentially helpful, but only insofar as sentiment reflects the reality of the economic situation.

How Historians Changed the Meaning of "Liberalism"

Blog07/02/2020

Liberalism was the most popular and influential ideology during the nineteenth and early twentieth century. So, every new socialist and authoritarian movement defined itself as "liberal" to capitalize on liberalism's popularity and importance.

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