Credit Expansion vs. Simple Inflation
It's important to remember that the government can engage in credit expansion through many ways other than directly inflating the money supply.
It's important to remember that the government can engage in credit expansion through many ways other than directly inflating the money supply.
Jonathan Newman discusses the contributions of Henry Hazlitt (1894–1993), the brilliant popularizer of sound economics.
While Menger shared his contemporaries’ preference for abstract reasoning, he was primarily interested in explaining the real-world actions of real people.
Civilization is an achievement of the 'bourgeois' spirit, not of the spirit of war and conquest.
Guido Hülsmann highlights the life and work of Ludwig von Mises (1881–1973), arguably the greatest economist of all time.
G.P. Manish highlights the life and work of theologian and scholar Philip Wicksteed (1844–1927).
The life and work of the 19th century economist and statesman, Claude-Frédéric Bastiat (1801–1850), are highlighted by Guido Hülsmann.
Richard Cantillon (1680–1734) was perhaps the most important and influential economist of all time, though few people have ever heard of him.