The Austrian School: The History, The Principles, and How It Got Its Name
In this informative interview, Mark Thornton details how Carl Menger started the Austrian school of economics, and the possible Greek and Roman phi
In this informative interview, Mark Thornton details how Carl Menger started the Austrian school of economics, and the possible Greek and Roman phi
When interest groups invented the crime of jaywalking.
The government cripples the economy a little more each day, but thanks to the resilience of markets, we've avoided economic destruction. Nevertheless, we're still a lot poorer than we would have been without big government.
ABSTRACT: Juan de Mariana may have had more direct lines of influence on the contemporary political denunciation of central banking in the United States than previously thought. As the culmination of a series of monetary theorists of the School of Salamanca, Mariana’s genius was his ability to synthesize and articulate a critique of the inflationary monetary policies of the Spanish Habsburgs. Furthermore, the Jesuit scholar linked his economic analysis to his equally scandalous endorsement of regicide. For their part, both the monetary policy concerns and the rebellious animus of the modern libertarian wing of American politics echo Thomas Jefferson’s views during the early Republic. These views also likely owe something to Mariana’s uniquely menacing confrontations with the Habsburgs. And thanks to the Virginian’s lifelong appreciation of Miguel de Cervantes’s great novel Don Quijote, which was itself heavily influenced by Mariana, the fascinating connections between Jefferson’s and Mariana’s politicized understandings of money are even further intertwined.
Recorded at the Mises Circle in Houston, Texas, 24 January 2015.
The drop in gas prices has left households with a little extra money to spend. So naturally, the state thinks it's a great time to raise gas taxes. Otherwise, taxpayers would just waste that money on their families.
Interviewed by Solidus.Center founder Seth Mason, Mark Thornton and Walter Block discuss the history of the Fe