The ECB’s New Inflation Plan Is Like the Old Plan. But Worse.
The ECB wants more price inflation, so it has unveiled a new plan to use new, radical monetary tools. It's all very similar to the "old" plan. Except the new plan is even worse.
Mises Wire
How Botswana Became the World’s Fastest-Growing Economy
The risk of government expropriation of private property remained low, and Botswana rejected antiwhite reformist politics which destroyed capital in many other countries in the region. Economic success has been a result.
America’s First Housing Bubble and the Panic of 1819
In 1819 America, nobody blamed the effects for the Panic of 1819, they rightly blamed the cause. They blamed the "friendly central bank."
What Is the Purpose of the Economy? Carl Menger Explains.
The goal of the human economy is to gain greater control over the means of satisfying human needs. We start with the most immediate needs, but thanks to saving and investment, we can move onward and upward from there.
Investors Are on the Lookout for a Crash. But Prices Keep Going Up.
With such a messed-up economy, why is it still hard to spot a bust on the horizon?
Carl Menger Explains the Nature of Goods
Menger's contribution is famous beyond Austrian economics, because it was one of the fundamental works of the subjective value theory and of marginal analysis.
Will the Feds Try Price Controls to “Fix” Price Inflation?
We may be told price controls are a temporary necessity, as in 1971 under Nixon. But one thing is certain: price controls will do nothing to resolve the issues underlying the inflation.
Canadian Healthcare: A Half Century of Broken Promises
The Canadian government promises to make healthcare available to all. Yet Canadians are forced to endure long and deadly wait times for treatment. And it's getting worse.
The Ideas Taught at Mises U Are the Greatest Threat to the Establishment
There is no greater threat to the prevailing progressive ideology that dominates both Washington and Silicon Valley than the ideas celebrated at Mises University. Please consider making a donation today.
The Problem of Security: Historicity of the State and “European Realism”
All societies require some sort of coercion to maintain order. But "the state" is a very specific and modern type of government institution which claims it can engage in criminal types of coercion with impunity.
