Take a look at this sophisticated market exchange process: BarterBing . It is a potential solution to some of the problems associated with our depreciating dollar and reduction in consumer purchasing power. $29,551,160.57 worth of products are for sale in the Providence, RI area alone, and very few cash transactions are taking place.You can
Ludwig the Lionheart and Murray the Magnificent...Coming Soon in the Boston Globe? Virginia Postrel writes on F.A. Hayek in today’s Boston Globe: Friedrich the Great . Great, a few communists are catching on, and others are picking and choosing from Hayek’s oeuvre . But, why no mention of Hayek’s teacher? Ludwig von Mises: originator of the ideas
The National Bureau of Economic Research recently published a Working Paper on purchasing power parity citing the contribution of the Late Scholastics. The abstract begins: “Originally propounded by the sixteenth-century scholars of the University of Salamanca, the concept of purchasing power parity (PPP) was revived in the interwar period in the
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.