This weekend the Mises Institute is in Seattle for our latest Mises Circle, busting the economic myths we’ve heard throughout this election season. As our friend William Anderson has said, “presidential elections in the United States spawn Really Bad Economic Policies, and 2016 is a vintage year.” Unfortunately we are, today, suffering from the consequences of politicians past.
Denmark has been mentioned a few times during the American election campaign by Democrats who favor larger government and high redistribution of income, but also pundits like Paul Krugman have written about Denmark in his October 19th column at The New York Times.
A recent article in Bloomberg Markets by Michelle Jamrisko brings welcome news. “The gold standard is one of the oldest ideas about money, but the hardest of hard-money hawks sense an opening to breathe new life into it.” Unfortunately, those in search of information about the gold standard and its supporters will find little of use in the article.
From 20 to 22 April, a group of young scholars from all across Europe convened at the CEVRO Institute in Prague for the Second Austrian Economics Meeting Europe (AEME). Founded in 2014 at Mises University, and in the spirit of it, the AEME is an organisation that seeks to once a year bring young European students and researchers in the Austrian tradition together for academic discussions.
Chapter XIII. The Wages Fund in Germany
We may now conveniently consider the treatment of the wages fund doctrine by the economists of Continental Europe; and among these, chiefly by the Germans. Chronologically, this phase of the history of the doctrine should have an earlier place; for an unmistakable departure from the lines of reasoning traditional among the English was made by Hermann before the days of the younger Mill.
[Editor’s Note: In the wake of numerous accounts of TSA’s inability to provide quick and efficient security screening at airports, it’s interesting to read what (then) Congressman Ron Paul had to say about creating a new federal agency. This article originally was published on November 19, 2001, as Congress scrambled to “do something” in response to the 9/11 terrorist attacks. Among other measures, the (Republican-led) U.S. House created TSA, with Dr. Paul voting against.]
The Foundation For Economic Education The Freeman 1992
The consumer is not omniscient. He does not know where he can obtain at the cheapest price what he is looking for. Very often he does not even know what kind of commodity or service is suitable to remove most efficaciously the particular uneasiness he wants to remove. At best he is familiar with the market conditions of the immediate past and arranges his plans on the basis of this information. To convey to him information about the actual state of the market is the task of business propaganda.
