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Booms and BustsFinancial MarketsPrice Controls
Our high levels of malinvestment mean that negative interest rates will not have the steroidal effect that's hoped for. But they will deliver another few years of subpar debt-fueled economic activity.
Nock despised plutocratic conservatism, and rightly saw Herbert Hoover as the embodiment of this point of view. Above all, Albert Jay Nock hated militarism and intervention in foreign wars.
Higher education in America today is in a crisis. The diversity thought police pounce on anyone who offers the slightest resistance to them.
The Mises Institute’s message has not changed since our founding in 1982. Please join us as we forge ahead, fight for truth, and teach tomorrow’s intellectual leaders.
Money and Banks
As government-created barriers to entry rise and fall, so does competition in the banking sector.
Although Argentinians mean well, they cannot seem to break free of an endless loop of crises causes by expansions of the welfare state and deficit spending.
Philosophy and MethodologyValue and Exchange
Other psychic factors being equal, it is to everyone's self-interest to maximize his monetary income on the market. But this maximum income can then be used for either “selfish” or for “altruistic” ends.
Booms and BustsAustrian Economics OverviewBusiness Cycles
The “boom-bust” cycle is generated by monetary intervention in the market, specifically bank credit expansion to business.