“Governments create money all the time. We do that for war.” “This whole notion that you run government like you run a householdis a complete myth” Economist Prof Mariana Mazzucato tells #Newsnight Government’s should address social issues through tax https://t.co/P0zxS1DNGF pic.twitter.com/I6NLtXgDqN — BBC Newsnight (@BBCNewsnight) March 6, 2023
Jeff Deist: First of all, congratulations on your new book The Price of Time . It was fantastic. Edward Chancellor (EC): I’m glad you enjoyed it. JD: I ask all authors this question, especially authors of weighty books. Was it worth it, in terms of the opportunity cost in your own life? EC: Not financially [laughs]. I bet most of them say that.
Does cheap money and credit make us richer? Does more money and credit create more stuff, or better stuff? Do they make us happier and more productive? Or do these twin forces actually distort the economy, misallocate resources, and degrade us as people? These are fundamental questions in an age of monetary hedonism. It is time we began to ask and
Professor Philipp Bagus has published a remarkable article making the case for developing a political economy to help us understand the 2020 coronavirus and similar events prone to mass hysteria. The article, titled “COVID-19 and the Political Economy of Mass Hysteria,” appears in the International Journal of Environmental Research and Public
Listen to the Audio Mises Wire version of this article. This week we celebrate the life of Murray N. Rothbard, born on the second of March 1926, a Tuesday, in the Bronx. And what a Bronx it was, teeming with brilliant intellectuals, dedicated Communists, and rock-solid middle-class Americans like David and Rae Rothbard. The family would later
Listen to the Audio Mises Wire version of this article. The GameStop saga—can we call it an insurrection?—wants easy heroes and villains. Both are available. The populist version of the story goes like this: a few thousand angry gamers, colluding via the now infamous WallStreetBets subreddit, brought at least one powerful hedge fund to its
How many times has a friend or family member asked you: “What is this Austrian economics stuff you’re always talking about?” What if you could hand them a small book, not much more than a pamphlet, and say: “Here, read this”? What if you could change their entire world view, even their path in life, with one simple volume? We plan to publish
Niall Ferguson holds a PhD in philosophy from Oxford, taught history at Harvard and NYU, and wrote perhaps the definitive biography of Henry Kissinger. So, naturally, Bloomberg hired him to write on economics. His most recent column for Bloomberg is a strained mix of the Scot’s views on inflation, tempered slightly by a welcome skepticism toward
Listen to the Audio Mises Wire version of this article. Supreme Court Justice Clarence Thomas’s recent concurring opinion in the Biden vs. Knight decision sent hopeful tremors across conservative legal circles and drew condemnation from libertarians. Was Thomas finally laying the groundwork for regulation of Big Tech, which conservatives
Listen to the Audio Mises Wire version of this article. Minneapolis police officer Derek Chauvin was tried for the crime of second-degree unintentional murder under Minnesota law. The essential questions of fact for the jury were whether Chauvin actually caused George Floyd’s death, and whether he did so while committing a felony offense with
What is 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.
