Rudolph Kohn

Articles

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’.”...

Review: Orwell’s The Road to Wigan Pier

05/24/2023 Mises Wire Rudolph Kohn

George Orwell’s The Road to Wigan Pier is a book for which I kept hearing recommendations. I was told that it contained biting criticisms of socialism and was a valuable source of antiauthoritarian...

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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