The Fable of the Krugman
While Paul Krugman likes to present himself as being a Keynesian, in reality, his intellectual roots run back a few centuries to the mercantilists.
Paul Krugman and the Consumption Myth
What his argument boils down to, after wading through the myriad of contradictions that make up the majority of his writing, is the belief that our economic woes can be solved through inflation.
Dear Department Chairman
In all the formal economic study I have sat through, I have developed a growing concern for the direction of the economics profession in general, and economic education in particular.
Why Capital Goods Are the Key to Economic Progress
[This article is excerpted from chapter 18 of Human Action]
The Old Breed in the Pacific
Writes Markus Bergstrom
The Business Cycle Explained in 1755
Richard Cantillon saw the essence of the business-cycle problem long ago. When the government’s national bank inflates the money supply by increasing the supply of banknotes, he writes, it reduces the rate of interest and can increase the price of stocks. This is a corrupt process.
The “Other” Ludwig von Mises: Economic-Policy Advocate in an Interventionist World
Ludwig von Mises was quite possibly the most uncompromising, consistent, and principled defender of classical liberalism and the free-market economy in the 20th century.
His great works on The Theory of Money and Credit, Socialism, Liberalism, Critique of Interventionism,
American Federalism and the Civil War
It is remarkable that the Constitution was little trusted or admired by the wisest and most illustrious of its founders, and that its severest and most desponding critics were those whom Americans revere as the fathers of their country.
Alford Prize Awarded for Best Libertarian Article in 2009
The O.P. Alford III Prize in Libertarian Scholarship is a $1000 prize awarded by the Mises Institute each year for the the article published in the preceding volume of Libertarian Papers that best advances libertarian scholarship, as chosen by the journal’s Editor and Editorial Board.
IPCC’s Odd Approach to “Assessing” the Literature
Chip Knappenberger has a fantastic post in which he goes through the paper trail to document just how poorly the Intergovernmental Panel on Climate Change (IPCC) misrepresented the state of the peer-reviewed literature on the subject of Antarctic sea ice. Here’s the intro:
