U.S. Economy

People are being told by governments, central bankers, and leading mainstream economists that money-base expansion is not inflationary — because th

"The Fed was set up to inflate, and that is what it does."

We suggest that inflation is not rises in prices as such but the debasement of money.

Sometimes I wish our overlords would get their stories straight.

A final insult is how US tax law treats its emigrants from this country. It continues to tax them as if they were lifetime slaves.

The question posed by the title to this lecture raises a number of deep problems of economic science.

A strong central bank is the creator of, not the cure for, inflation and the business cycle.

It is perhaps the finest introduction to the thought of a major thinker ever published in the discipline of economics.

Austrian economists like Ludwig von Mises and F.A. Hayek opposed government intervention in the macroeconomy because that intervention leads to distorted relative prices and malinvestment.

The Mises Circle in Colorado, sponsored by the Limited Government Forum of Colorado Springs, 4 April 2009.