The new trend among famous economists is pointing out the times they changed their views in light of new empirical findings. Far from defending economics as a science and a profession, this trend actually reveals the unscientific and ideological nature of mainstream economics.
The world waits to see if next week is finally the week that the Fed announces its rate hike. Can the economy survive whatever small bump the Fed deals out? Perhaps, but that won’t change the inherent instability of our current monetary regime.
We've been told that with enough data, we can use sophisticated computing methods to predict the future. That often works with the physical sciences, but predicting human action is something else altogether.
In this paper, a “praxeology of coercion,” or, more precisely, an analysis of interpersonal actions involving threats, is developed. This is an attempt to further the analysis of human action as defined by Mises.
Never published before, this short essay about Ludwig von Mises by his personal assistant, Bettina Bien Greaves, outlines what it was about Mises's creativity and scholarship that made him truly unique.
Can Austrian economics explain selfless love?
Recorded at the Mises Institute in Auburn, Alabama, on 20 July 2015.
The Rothbard Graduate Seminar provides an intense study of Misesian and Rothbardian economic analysis, along with the substantive conclusions of that research in related fields.
