Is Inflation about General Increases in Prices?
To ascertain what inflation is all about, we have to establish its definition.
Mises Daily
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Unjust Wars, Then and Now
Like all wars, a just war is laced with dangers beyond the inferno of the battles, especially if war funding relies to a significant degree on the printing press.
Just War
A just war exists when a people tries to ward off the threat of coercive domination by another people, or to overthrow an already-existing domination.
Defending the Blackmailer
Walter Block will teach a 6-week online course on Defending the Undefendable, starting March 26, 2012.
Teaching Tomorrow’s Economists
The <a href="http://store.mises.org/Lessons-for-the-Young-Economist-Teachers-Manual-P10826.aspx">Teacher's Manual</a> is now available for my introductory textbook, <em><a href="http://mises.org/document/5706/Lessons-for-the-Young-Economist">Lessons for the Young Economist</a></em>.
High-Frequency Trading: Menger vs. Walras
While Carl Menger and Léon Walras simultaneously discovered the principle of marginal utility, their ideas about the nature of market prices are very different.
The Rise of Imperialism in Virginia
The tiny colony was apparently not too young to have "foreign affairs"; and, indeed, it learned all too quickly the ways of interstate relations.
Will Foreign Loans Make Us Rich?
If it were true that we could create prosperity merely by making goods to give away, then we would not have to give them to foreign countries.
Krugman and British Austerity
The historical evidence in Britain supports the view that spending cuts bring about larger economic recoveries than deficit spending does.
Seventeen Years of Boom and Bust
Appropriate at this time is an overview of the Federal Reserve’s booms and busts.
