Economics in the Self-Checkout Line: When You Raise the Cost of Labor…
I spent part of this afternoon at my neighborhood Starbucks, where I was working on a project.
Mises Wire
Crossing the Magic Line
The United States government has just crossed the magic line where its total national debt now exceeds (more than 100%) of GDP.
Mises: Inflation and Deflation Are Meaningless Concepts
It is true that in his popular writings during the 1950s, Mises occasionally acquiesced in using a version of the conventional pre-Keynesian defini
Spray Davis? Profits and Losses Provide Power to the People
I wrote an extra Forbes piece last night in re
Inflation and Deflation: Austrian Definitions
While (re-)reading one of the chapters of Mises’s Theory of Money and
Justice versus Social Justice
There was a time when people understood justice far better than we do today.
Central Banks: “Gold Is Money”
Bernanke says quite clearly “no” – gold is not money. But their actions speak much louder than words.
CMOM Political Economy: Kids are Keynesians
Anyone who has spent much time around small children probably recognizes that they are fundamentally Keynesians at heart–or if they aren’t full-on
Special Issue of Studies in Emergent Order On The Cultural and Political Economy of Recovery
The new issue of Studies in Emergent Order is a special issue on Emily Chamlee-Wright’s excellent boo
NPR: Austrian School Economist Hayek Finds New Fans
“The Nobel Prize-winning Austrian economist Friedrich Hayek’s arguments for free-market capitalism and against socialism and central plann
