Mises Institute

What Happens when the Public Realizes Inflation Will Get Worse

4 hours agoMises Daily Articles
Once public opinion is convinced that the increase in prices will continue, everybody becomes eager to buy as much as possible and to restrict his cash holding to a minimum size.

Paul Krugman's One-Man War on Science

Blog7 hours ago

One cannot declare the scientific method simultaneously to be both valid and invalid, yet, this is what Krugman is doing.

How the West Pushed back the Frontiers of Death


Thanks to capital accumulation and other innovations in the West, life expectancy grew beyond anything previously imagined. The benefits spread from there.

GDP Tells Us Little about the Health of an Economy


If people decide to save rather than spend, this could lead to a fall in GDP, even though people are becoming better off beyond the short term.

Joe Salerno on Rothbard's History of Economic Thought

10/19/2021Mises Media

We wrap up our look at Murray Rothbard's sprawling two volume An Austrian Perspective on the History of Economic Thought with Dr. Joe Salerno, Rothbard's friend and colleague. 

Review: Radical Uncertainty: Decision-Making Beyond the Numbers

10/19/2021Quarterly Journal of Austrian Economics

Kay and King have written an impressive and erudite book with several key areas of agreement with Austrians. Moreover, the authors help us better see the shortcomings of the Chicago School. 

Governments Love Inflation, and They Won't Do Anything to Stop It


In spite of what they say, governments will do nothing about inflation. Even though "money printing" is the real cause of this, governments will just keep blaming red herrings like supply chain problems.

Yes, They Are Coming for the Oil Companies


The Biden administration will use the SEC to squeeze oil and gas companies on "climate risk." As is typical for progressive schemes that drive up the cost of living, the working classes will suffer the most.

Understanding the Price of Money

10/19/2021Mises Daily Articles

The "price" or purchasing power of money is the array of goods and services for which a unit of money can be exchanged.



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