Stephen Apolito

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What Is Seen—And What is NOT Seen: Bastiat’s Often-Ignored Wisdom

10/05/2023 Mises Wire Stephen Apolito

Bastiat reminded his readers that economic analysis involves not just what we see on the surface, but also the costs that are hidden from view.

How Does One Define “Libertarian”?

09/15/2023 Mises Wire Stephen Apolito

With the current jumble of poltical terms, it is hard to discern what is "libertarian," and what is not. Economic freedom and individual rights must be at the top of the list.

Banks Create Money out of Thin Air. What Could Possibly Go Wrong?

06/22/2023 Mises Wire Stephen Apolito

How can a bank “create money out of thin air”? We must enter the magical kingdom of “fractional-reserve banking,” where deposits are turned into loans, loans are turned into money, and so on, to find out.

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.

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Stephen Apolito

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