Saint Augustine, Proto-Austrian
In a past Mises Wire article, I’ve written about how Saint Thomas Aquinas’s definition of hope correlates incredibly well with what Carl Menger would describe in his definition a good six centuries later.
In a past Mises Wire article, I’ve written about how Saint Thomas Aquinas’s definition of hope correlates incredibly well with what Carl Menger would describe in his definition a good six centuries later.
Robert Kagan is a well-known neoconservative historian who believes that America ought to exercise a “benevolent hegemony” over the rest of the world.
The Bureau of Labor Statistic (BLS) released new jobs data on Friday. According to the report, seasonally adjusted total nonfarm jobs rose 517,000 jobs, which was well above expectations.
Ludwig von Mises’s contributions to the development of the technical methods and apparatus of monetary theory continue to be neglected today, despite the fact that Mises succeeded exactly eight decades ago, while barely out of his twenties, in a task that still admittedly defies the best efforts of the most eminent of modern monetary theorists, viz., integrating monetary and value theory.
The regime is trying to whip up maximum hysteria or the chances that the US government could default on its debts if the debt ceiling is not raised.
Ever since I can remember, there’s been a notable imbalance between the attention and credit given to the demand side of the economy compared to the supply side. I try to ensure that my students see the latter is just as important as the former.
Part of this effort is highlighting the risk taken in creating the supply and bringing it to market. Recent events near the Alamo have brought into sharp focus the lack of respect entrepreneurs and small businesses face.