Austrian Economics Made Obvious

Each person has a different makeup, a different history, different information, and different understandings. In short, each person lives a different life than other people live and, as a result, knows many things that other people don’t know. Each person sees and decides differently than other people see and decide.

Inflation and Statistics: Economics Explains Them, Not the Other Way Around

In a recent column for Seeking Alpha, investor-turned-analyst Lance Roberts defends Milton Friedman’s view of inflation against what he calls inflation “doomers” and Austrians. By the former, he means those who approvingly lean on the Friedman quote that, “Inflation is always and everywhere a monetary phenomenon. . .” but fail to include the tail end of the quote: that “. .

Why Comments Sections Are Not Coming Back to Mises.org

Every now and then, we still receive emails asking why there is no comment section on each mises.org page, and some even demand that we, the staff at the Mises Institute, create a comment section. In theory, I like the idea of a comment section, as it would be nice to see supporters make suggestion and add their own observations in a forum that is friendly to our readers. Unfortunately, when it comes down to actually moderating and managing a comment section, the negatives pile up much more quickly than the positives.