The US economy is ultimately driven by millions of people working hard to create and trade goods and services, but the US federal government can impact the economy in three main ways: 1) fiscal and...
As Murray N. Rothbard explained in his masterful economic treatise Man, Economy, and State with Power and Market, The distinctive and crucial feature in the study of man is the concept of action...
As Austrian Business Cycle Theory explains, big-ticket capital expenditures are heaving influenced by interest rates, as we discussed here. Since housing is a big-ticket capital expenditure, demand...
President-elect Trump has promised changes in economic policies. How well they work and how they will affect us remains to be seen. Here is a look at proposals that have promise—and proposals that are likely to cause harm.
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.
