A New Austrian Textbook for All Economists
Randall G. Holcombe recently spoke with the Mises Institute about his new textbook Advanced Introduction to the Austrian School of Economics.
Mises Institute: Why did you decide to write this book?
Randall G. Holcombe recently spoke with the Mises Institute about his new textbook Advanced Introduction to the Austrian School of Economics.
Mises Institute: Why did you decide to write this book?
It’s not just homeowners who have to worry about rising interest rates, the Federal government might soon get a taste of its own medicine.
The unemployment rate has fallen from 6.7% at the end of 2013 to 6.1% in August 2014. That decline is primarily the result of the expiration of long-term unemployment benefits.
Sometimes being an entrepreneur means just seeing the writing on the wall. Amazingly, there are still Intellectual Property dogmatists out there who think it’s fine that the FBI runs around arresting the band’s own fans for making copies of digital files, but U2 has apparently figured out that ship sailed long ago, and is giving away the band’s latest album.
“The United States has problems with unemployment and has problems with poverty and a record number of people meeting the standard of extreme poverty,” said Mark Thornton, senior fellow with the Ludwig von Mises Institute in Alabama and a research fellow with the Independent Institute in California. “Extreme poverty in the United States is now over 4 percent, that means they have less than $2 cash per person, per day,” Thornton said in a phone interview on