The Misuse of Economic Language

Tags: Big Government, Free Markets, Media and Culture

05/09/2014 Jeff Deist

Jeff Deist explains why it is important to say what we mean when discussing the economy and the state. Deist is the president of the Mises Institute.

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.