Frank Hollenbeck on Economic Models

04/18/2014 Mises Wire Mises.org

As a follow-up to Thursday’s popular article on economists and economic models, here’s Frank Hollenbeck discussing economic models in more detail:

What Is The Mises Wire?

Mises Wire offers contemporary news and opinion through the lens of Austrian economics and libertarian political economy.

Submitting articles to Mises Wire

Reprints, Permissions and Copyrights

The views expressed on Mises Wire and mises.org are not necessarily those of the Mises Institute.

Subscribe to the Mises Wire RSS feed

Latest Articles

Leftists Still Want to Abolish the Family

08/07/2025 Mises Wire Ryan McMaken

The reduction of individuals to impotent, isolated units—who interact primarily with state agents—is the ultimate outcome of the Left's efforts, regardless of what its stated goals may be.

The European Miracle: How Contractual Politics and Divided Power Gave Birth to Western Prosperity

08/07/2025 Mises Wire Joseph Solis-Mullen

How did Europe move from a collection of impoverished city states and kingdoms to a prosperous state of affairs? Europeans learned the value of contracts, private property, and the limited power of the state, and in turn, they flourished.

Can the BRICS Nations Lead Us to a Better World?

08/07/2025 Power & Market Patrick Barron

There is much gnashing of teeth and pulling of hair by just about every leader in the West, especially by an almost apoplectic President Trump, over a so-called “sinister threat” by the BRICS.

Scholars and Schemers: How the Left Ruined Higher Education

08/07/2025 Mises Wire William L. Anderson

One cannot deny that American institutions have been corrupted by leftist thought, which demonstrates the success of Italian communist Antonio Gramsci's call to bring about socialism in the West by eroding the institutional barriers against it.

The Threats of AI Come from the State

08/06/2025 Mises Wire Finn Andreen

Artificial intelligence is advancing, but people often fear it for the wrong reasons. AI is not a threat in itself, but rather becomes a threat when the state uses it as one more tool to limit individual liberty and to engage in oppressive behavior.

Meet the Writer

Mises.org

Misesians on 9/11, Then and Now

09/11/2014 Mises Wire Mises.org

Libertarians were virtually alone in opposing the planned expansions of government power in the wake of 9/11, and then as now, we saw the attacks for what they were: criminal attacks on human persons...

Chris Matthews: Wages

06/14/2014 Mises Wire Mises.org

David Brat, the economist at Randolph -Macon college who defeated Eric Cantor in that GOP primary in Virginia, said recently that wage increases are only appropriate when a worker’s productivity...

Subscribe to our Mailing Lists

What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

Become a Member