Massachusetts 1690: el primer experimento fiat occidental
Cuando la colonia de Massachusetts emitió su propio papel moneda no canjeable en 1690, lo hizo con la promesa de que pronto sería canjeable por dinero en efectivo. Era una mentira.
Cuando la colonia de Massachusetts emitió su propio papel moneda no canjeable en 1690, lo hizo con la promesa de que pronto sería canjeable por dinero en efectivo. Era una mentira.
La primera obra importante de Ludwig von Mises fue La teoría del dinero y del crédito, en la que explicaba el papel del dinero en la economía y también señalaba las causas del ciclo de auge-caída. Sigue siendo un clásico importante de la economía austriaca.
En la revista Quarterly Journal of Austrian Economics se publican regularmente nuevos trabajos académicos. A continuación se incluyen algunos artículos de la última edición.
In commemoration of Murray Rothbard’s 100th birthday, Bob shares five “greatest hits” from Rothbard’s economics, covering deficits vs. inflation, monopoly theory, excess capacity, the time structure of production, and his reconstruction of utility and welfare economics.
Bob sits down with macro researcher Luke Gromen of Forest for the Trees to discuss the cascading supply chain consequences of a closed Strait of Hormuz.
Bob untangles two arguments that even Austrian economists sometimes conflate: Mises' calculation problem and Hayek's knowledge problem. Then, he explains why the distinction matters, especially in light of recent claims that AI and modern computing could finally make central planning viable.
Bob sits down with researcher Robert Aro to review his recent Mises.org article on why the widely anticipated post-QT crash never materialized.
Bob sits down with economist Emmanuel Maggiori to discuss his new book that engages MMT on its own terms, drawing on the MMTers' own textbook, papers, and responses to critics.
After his recent Zero Hedge debate with MMT co-founder Randall Wray, Bob takes a deep dive into the sectoral balance approach. He explains why the MMT argument is technically a tautology, how it's deeply misleading, and why the private sector doesn't need government deficits to save, invest, and accumulate real wealth.
Bob sits down with Dr. Jonathan Newman to discuss his Mises Academy course for homeschooling families based on Lessons for the Young Economist, using it as a starting point to walk through the full Austrian case against socialism.