Mises Wire

Money, Inflation, and Business Cycles: The Cantillon Effect and the Economy

Book ReviewsInflationMoney and BanksCantillon

9 hours agoQuarterly Journal of Austrian Economics
Professor Arkadiusz Sieroń has written an important new book on the Cantillon effect, indicating that the effect of new money on the economy depends on where it is injected.
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Why Bad GDP Metrics Lead to Bad Policy

Booms and Busts

Blog01/22/2020

Our flawed economic measure called GDP leads to a flawed and skewed view of the economy in which consumer spending is the most important metric.

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Death to Prohibition

Big GovernmentHealthU.S. History

Blog01/17/2020

The repeated failure of prohibition may be just the catalyst that Austrian economics needs to gain traction with the American public.

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The Hindenburg Program of 1916: A Central Experiment in Wartime Planning

Big GovernmentWorld History

01/06/2020Quarterly Journal of Austrian Economics
The totalitarian ethos of the twentieth century, whether in the “mixed” version of the Hindenburg Program or the Bolshevik version of Lenin and Stalin, emerges from the will of individuals who propose to control their fellows.
Formats

qjae2_2_4.pdf

PDF icon PDF (45.32 KB)
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Scroogenomics: The Economics of Holiday Gifts

Free MarketsMedia and CultureU.S. EconomyMonetary TheoryPolitical Theory

12/24/2019Mises Daily Articles
With this analysis of gift giving, we're reminded that mainstream economists seem hell-bent on reforming anything they haven't already screwed up.
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Three Arguments Debunking Marx’s Labor Theory of Value

Labor and WagesSocialismOther Schools of Thought

Blog12/21/2019

As dismissive as many of us would like to be toward Marx’s thoroughly debunked labor theory of value, it still holds currency among today’s budding socialists.

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The Cost of Government Is Rising Much Faster than Housing and Healthcare

Taxes and Spending

Blog11/09/2019

The American cost of living is driven up not only by housing and healthcare costs, but by even larger increases in tax bills and government spending.

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