Rudolph Kohn

Articles

05/19/2025 Mises Wire Rudolph Kohn

Practically every student of Austrian economics is familiar, at least in passing, with the moment when Keynes said the proverbial quiet part out loud in the foreword to the German edition of his...

MMT: Feeding the economically inferior machine

07/30/2024 Mises Wire Rudolph Kohn

Imagine you are the foreman of a factory. Inside the factory are two machines. Both machines consume materials, energy, and labor and produce the same product, perhaps cars, or toasters, or pencils...

The MMT-and-Bailey Fallacy

06/27/2023 Mises Wire Rudolph Kohn

One hears this kind of thing from modern monetary theory (MMT) advocates whenever their economic theories are attacked: “We say not spending constrained,” they grumble, “We don’t mean ‘now spend’.”...

Media

Review: Orwell’s The Road to Wigan Pier

06/12/2023 Rudolph Kohn

While George Orwell wrote magnificently against totalitarianism, his attempt to defend socialism in The Road to Wigan Pier stumbled badly.

The Rise and Fall of Good Money: A Tale of the Market and the State

01/30/2023 Rudolph Kohn

Once upon a time, the USA had sound, reliable money. Then, a small group of "really intelligent" people decided to "improve" it. We know the rest of the story.

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