[Chapter 9 of Per Bylund’s new book How to Think about the Economy: A Primer .] By regulations, we mean restrictions imposed on the economy by government: prohibitions, license requirements, quality or safety standards, price controls, quotas, and subsidies, etc. Although they differ in their specifics and in their stated purposes, they are all
[This article is chapter 1 from Bylund’s new book How to Think about the Economy : A Primer .] Economics is an exciting field. The economics of old sought to uncover how the world works. It showed, or even proved, that there is a natural order to it. There is structure to the apparent chaos. The economy has something of a life of its own: it has
“You do not have the right to parade through the public streets or to obstruct public thoroughfares. You have the right of assembly, yes, on your own property, and on the property of your adherents or your friends. But nobody has the ‘right’ to clog the streets.” –Ayn Rand I encountered this quote recently on one of the social media sites. To me,
Per Bylund’s new book How to Think about the Economy: A Primer is now available online , in the Mises Store , and at Amazon . It’s an excellent beginning text for anyone looking to gain a better grasp of sound economics and to better understand what makes the Austrian school method different (and better). I recently asked Professor Bylund about
After praising Mises for his work on socialism, Tyler Cowen goes on to claim Human Action is “cranky and dogmatic.” “Brilliant and insightful” would have been more truthful. Original Article: “ Misunderstanding Mises, Again” This Audio Mises Wire is generously sponsored by Christopher Condon.
Recorded in Birmingham, Alabama, on April 2, 2022. Slides used during this talk are available here . Special thanks to Mark Walker for sponsoring this event.
Few people understand how destructive regulations are. Download the slides from this lecture at Mises.org/MU22_PPT_24 . Recorded at the Mises Institute in Auburn, Alabama, on 27 July
Is it all bad news? There is still entrepreneurship. There is still innovation. Download the slides from this lecture at Mises.org/MU22_PPT_27 . Recorded at the Mises Institute in Auburn, Alabama, on 28 July
Featuring Per Bylund, Tom DiLorenzo, Lucas Engelhardt, Sandy Klein, Robert Murphy, Patrick Newman, and Tim Terrell. Recorded at the Mises Institute in Auburn, Alabama, on 29 July
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.