There are few works in the history of economics that may be truly considered “revolutionary” and “pathbreaking,” in their starting premises, logic, and implications. But one that is in this category is Carl Menger’s Grundsätze der Volkswirtschaftsliche, his Principles of Economics in its English translation. This year marks the 150th anniversary of its publication in 1871.

“Treason” is quickly becoming a favorite word among Washington politicos and their media allies. One need not look hard to find countless examples. For example, a late-night talk show host called the January 6 Capitol riot the “treason finale” of the Trump era.

The latest data from the Bureau of Labor Statistics shows twelve-month food prices climbing at a 3.9 percent annualized rate for 2020.

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The Mises Institute was born of the “build your own platform” ethos.