Mises Wire

How to Cheat with Cost-Benefit Analysis: Double Count the Benefits

Blog09/09/2021

Calculating "multiplier effects" is perhaps the most common method of cheating with benefit-cost analysis. 

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Paul Krugman’s Austrian Obsession

Booms and Busts

Blog09/09/2021

Paul Krugman recently used his column to attack Austrian economics—yet again—but his attacks rely mostly on myths, poor reasoning, and misinformation. 

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Why the Fed Is So Desperate to Hide Price Inflation

Blog09/08/2021

The Fed is backed into a corner. If price inflation continues, the public could demand action and the Fed could be forced to cut back the flow of easy money, which may lead to a depression. 

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Review: Economy, Society, and History

Book Reviews

Blog09/08/2021

In 2004, Hans Hoppe delivered a series of lectures at the Mises Institute about his theory of social evolution, and we are fortunate to have this volume, based on a transcript of those lectures, now available. 

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Rebutting Paul Krugman on the "Austrian" Pandemic

Monetary PolicyOther Schools of Thought

Blog09/07/2021

Paul Krugman’s “logical problem” with ABCT derives entirely from his superficial understanding of the theory.

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What Texas's Unilateral Immigration Policy Tells Us about Washington

Blog09/07/2021

What we’re beginning to see is policy ghettoization, wherein states pass laws that the most fervent activists on the left and right, respectively, cannot enact at the federal level.

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Is California an Economic Paradise? Paul Krugman Thinks So

Blog09/07/2021

The people who really run California aren't going anywhere. Even if California voters throw out Newsom very little will change in state government. 

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