Mises Institute
The Human Action Podcast

Joe Salerno on Rothbard's History of Economic Thought

6 hours agoMises 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

7 hours agoQuarterly 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

Blog10 hours ago

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.

History of Science: Whiggism Gone Wild

10/18/2021Mises Daily Articles

Acton says the muse of the historian is Rhadamanthus, the avenger of innocent blood: "The historian must be a judge, and a hanging judge at that, to right the wrongs of history."

"Idle Resources" Are Problems Caused by the Central Bank


It is not possible to replace productive credit by means of the easy monetary policies of the central bank. If this could have been done, then the world would have already ended poverty. 

Who Will Build the Roads? Anyone Who Stands to Benefit from Them.


The appropriate question is not “Who will build the roads?” but rather “Who will pay for them without taxation?” History suggests the answer is "lots of people" and the "public goods" theory is wrong.

The Weak Jobs Report Shows the Failure of Keynesian Policies


We can see that these massive trillion-dollar stimulus programs generate a virtually nonexistent long-term positive impact, just a short-term bounce that lasts less than a quarter.



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