Other Schools of Thought

Non-Austrian schools have a confusion over the categorical difference between theory and history.

The socialist movement endeavors to revive the interventionist policies of the precapitalistic ages.

Say's law not only points to the fallacy of the accelerator but to its corollary, "derived demand."

Government is in the last resort the employment of armed men, of policemen, gendarmes, soldiers, prison guards, and hangmen, writes Ludwig von Mise

Scott Sumner will have to go back to the drawing board in his attempt to deny that there was any type of inflation during the 1920s.

The protestors probably should have stayed in class, because their open letter to the professor betrays a formidable level of economic ignorance.

Presented by Joe Salerno at the Mises Circle in New Orleans, 5 November 2011.

What if, instead of Marxist or quasi-Marxist paradigms, literary critics adopted the theories of free-market economics?

Contrary to the assertions of these pundits, an economy does not need mountains of debt — whether government or private — in order to grow. Corporations can still raise needed financing through issuing equity. There are pros and cons to debt financing, but it isn't necessary for a strong economy.