Gustave de Molinari learned of “the destructive apparatus of the civilized State” from the French Revolution, “naively undertaken to establish a regime of liberty and prosperity for the benefit of humanity, end[ing]…in an increase in the servitude and burdens.”
Austrians today are nearly alone in asserting what the classical economists all knew. You cannot create prosperity by creating more money, but only through increases in technological progress, frugality, trade, and a division of labor.
What makes a good economist? Robert Higgs explains.
Our friend Robert Bradley recently took a look back 25 years ago when the New York Times still had some scientific backbone.
Mises Daily Thursday by Dale Steinreich.
In less than 20 minutes David Gordon surveys Plato, Aristotle, Stoic philosopher Zeno of Citium, Frenchman Frederic Bastiat, Franz Oppenheimer, and Albert Jay Nock.
Mises University Alumnus Ray Walter, now a PhD student in physics and mathematics at the University of Arkansas, discusses his work with the Mises Institute and how it has influenced his academic career.
The laws of physics can never be absolutely established. For some other law may prove more elegant or capable of explaining a wider range of facts. Hypotheses must be constantly tested. Economics is not like this.
