Misconceptions about Austrian Business Cycle Theory: A Comment

One of the justification that the White House gives for its onerous tariffs is that they will stop the “offshoring” of American jobs and lead to greater job growth here. That scenario has not and will not ever come to fruition.

Closing a Central Bank: Comment on Bagus

10/29/2025 Power & Market Jörg Guido Hülsmann

It was claimed closing Argentina’s central bank would exacerbate inflationary tendencies, however, there are flaws in this reasoning.

Antitrust Policies Are Based upon Economic Illiteracy

10/29/2025 Power & Market Carlos Boix

Prices in veterinary services for pets have skyrocketed in the UK since 2020, but the only solution interventionists can find is antitrust policy.

Meet the Writer

James Clark

Misconceptions about Austrian Business Cycle Theory: A Comment

07/20/2005 Review of Austrian Economics James Clark

Richard H. Timberlake A Critique of Monetarist and Austrian Doctrines on the Utility and Value of Money Adobe Acrobat 6.0 Paper Capture Plug-in

What is the Mises Institute?

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.

Become a Member