The Challenge of Praxeological Realism
Guido Hülsmann on why Human Action embodies the research paradigm of praxeological realism.
Guido Hülsmann on why Human Action embodies the research paradigm of praxeological realism.
The rage among academic elites and multiculturalists is the insistence that one cannot apply Western economic analysis to different cultures. However, Ludwig von Mises insisted that economics is a universal science.
The record high price of copper has serious implications for our economic future.
As the US economy falters and people continue to fall behind, the Austrian business cycle theory provides the best explanation for what is happening, even if the elites don't want to hear it.
Mises is a person who can set us right.
"The empire can and should be dismantled."
Mises Fellow, Mateusz "Matt" Machaj joins Bob to discuss his new booklet from Routledge, which explains how mainstream economists have responded to the recent bout of price inflation.
Progressives are claiming that corporate profits are one of the causes of inflation. However, if inflation increases consumer prices, it also causes production costs to rise. That is not a recipe for profitability.
While Mises was a utilitarian, he believed people acted to improve their lot because of a felt uneasiness that could be rectified through free markets.
In many schools around the country, students deal with both physical and emotional aggression each day such that school becomes more about surviving than thriving.