Keynesians Again Revive the Phillips Curve Folly Robert Higgs has provided a most applicable biblical passage that very aptly describes the continuing knee jerk revival of the Keynesian follies during this Fed-Bush-Obama Great Recession and Great Stagnation : “As a dog returneth to his vomit, so a fool returneth to his folly.” Psalm 26:11. Frank
by Ron Paul The reaction of Sen. Dianne Feinstein (D-CA) to last week’s revelations that the CIA secretly searched Senate Intelligence Committee computers reveals much about what the elites in government think about the rest of us. “Spy on thee, but not on me!” The hypocrisy of Sen. Feinstein is astounding. She is the biggest backer of the NSA
One of the few positive aspects of the back to back boom-busts episodes experienced by the U.S. and world economies is a renewed interest in the Mises-Hayek-Rothbard-Garrison-Salerno or Austrian business cycle theory (ABCT) coming first from the financial press and more recently from ‘mainstream’ macro economists. I recently showed how the renewed
Mises Institute Distinguished Scholar Judge Napolitano today examines the current Pope’s economics : Traditional Catholic social teaching imposes on all of us a moral obligation to become our brothers’ keepers. But this is a personal moral obligation, enforced by conscience and Church teaching and the fires of Hell — not by the coercive powers of
It is important for our system of payments to improve over time and this means that we need experiments like Bitcoin to take place. Ron Paul says that if Bitcoin is successful then the government will crush it. Now there is a
Mises.org scores #1 website in Austrian Economics and our Circle Bastiat blog came in at #12 on the list of the top 40 at Commodity HQ . Keep up the good work!
Ron Paul and Lew Rockwell discuss Ludwig von Mises, the Mises Institute, Leonard Read, Murray Rothbard, the Austrian School and the state of the freedom movement:
According to this Mises U alum, Mises U experience can be applied to some degree programs: Thank you @mises Just found out I’m getting Field Study credits at Virginia Tech for my time at Mises U this summer! pic.twitter.com/WiG5fEnOEK — Anti State (@AdamBlacksburg) December 12,
Rothbard’s The Essential von Mises which includes Rothbard’s biographical monograph Ludwig von Mises: Scholar Creator Hero is now available in Japanese, thanks, yet again, to the efforts of Tatsuya Iwakura. Both are available in one volume now available as an ebook on Amazon. Following is a part of the ‘book description’ of Amazon
I just came across a new book, Economic Thinkers: A Biographical Encyclopedia , edited by David Dieterle. I was suspicious when I saw Bernanke and Greenspan on the book cover, but the book covers a wide range of economists in terms of time and philosophical outlook. Each of the entries is meant to provide an introduction to the “economic thinkers”
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.
