Inflation: How Economists, Politicians, and Central Bankers Got It Wrong by Robert P. Murphy
A Conversation with Famed Investor Jim Rogers
Liberalism and Illilberalism in the Twenty-First Century by Peyton Gouzien
Book Review by David Gordon
News From the Mises Institute
YouTube Suspends Mises Media Channel for Dr. McCullough Video
The Wrong Way and the Right Way to Fix the Fed by Joseph T. Salerno
Selections from the End of the Dollar Era
Book Reviews by David Gordon
News From the Mises Institute
The importance of this book lies primarily in how it shows the interventionist state is at the root of Western society’s increasingly loathsome, self-destructive, and stingy culture.
It was a fundamental mistake . . . to interpret economics as the characterization of the behavior of an ideal type, the homo oeconomicus. According to this doctrine economics does not deal with the behavior of man as he really is.
Few ideas are as closely associated with Marxism, writes Ralph Raico, as the concepts of class and class conflict. But the concept itself, with a more realistic understanding, originates in liberal theory.
New York was the toughest nut for the Federalists to crack. The Federalists ultimately got their new constitution, but it was largely thanks to New York Antifederalists that the worst plans of the Federalists were thwarted.
Courts in the US and Canada are beginning to rule in favor of race-based outcomes, making "justice" a tool of ethnic identity. This movement will not end well.
Far from being an “automatic stabilizer” that mitigates recessions by engaging in “countercyclical” spending, the welfare state actually makes recessions longer and deeper. Time to acknowledge that fact and do away with it altogether.
The Federal Reserve claims to be independent and politically neutral. But since its actions have political ramifications, it is impossible for the Fed to be either.
Did scarcity begin with Adam and Eve in the Garden of Eden? Or were human beings and their surroundings already bound by time and space before they ate the forbidden fruit?
