The Mises Institute exists to set the record straight. Economics shouldn’t be left to “experts” with Ivy League degrees serving in government agencies. It exposes the schemes of ambitious politicians and would-be tyrants everywhere.
In theory, it is possible to adjust inflation measures to account for the many constant changes in prices resulting from changing demand, quality, and innovations. But it's essentially impossible to execute these adjustments accurately.
See what we've accomplished this quarter! We are proud of our students, scholars, and events; and we strive for a higher standard in everything we do. Thank you to our Members who make all of this possible.