Money and BanksMoney and Banking
What matters is not price rises as such, but the increase in the money supply that sets in motion the exchange of nothing for something or "the counterfeit effect." Business cycles and recessions follow.
Business CyclesCapital and Interest TheoryPrivate Property
Pastor built on the work of the French liberals, and anticipated many of the later insights of the Austrian School.
An overheating economy emerges once expenditure rises without being backed up by production, a situation that emerges when the money stock is increasing.
EntrepreneurshipMonopoly and Competition
Philosophy and Methodology
Joseph Salerno's essay "Ludwig von Mises as a Social Rationalist," is now available in a new easier-to-read version.
U.S. EconomyPolitical Theory
Some products are best made in the USA, and some or not. Business themselves are the only ones in the position to make an informed choice on this.