Fiscal Theory

Recorded at Mises University 2005.

The essence and the driving force of human action — and therefore of the human market economy — are the valuations of individuals.

Recorded at Mises University 2004.

Greenspan speaks of a condundrum whereby long-term yields on government bonds are surprisingly low. Why anyone would invest in them is a legitimate question, writes Stefan Karlsson.

The Group of Eight finance ministers will meet this week in Perthshire, Scotland, writes Joseph Potts, to address various weighty financial decisions that their governments have expropriated from the more-capable hands of their citizens.

The U.S. trade deficit is an American problem, writes Antony Mueller. It is the result of insufficient savings at home and a widening budget deficit. 

Writes Antony Mueller: Coercive capital-based systems do not eliminate the vicious cycle of wealth destruction.

Chris Westley explains that the only thing new about New Deal policies was their name and the people administering them.

Although the FairTax would eliminate the filing of all individual tax returns, writes Laurence Vance, the FairTax turns every business into a tax collector.

The more you think about the incoherent Bush Social Security plan, writes Bob Murphy, the more you realize what a hoax it is.