Post Crash Economics Society want more Keynes and Marx to cure society’s ills. “Few mainstream economists predicted the global financial crash of 2008 and academics have been accused of acting as cheerleaders for the often labyrinthine financial models behind the crisis. Now a growing band of university students are plotting a quiet revolution
Not all of the arguments here are correct, but it shows you the declining validity of government statistics for real life. It is true that we obtain tremendous value from all the free goods of the digital age such as apps, Twitter, and Facebook and are not measure in GDP. However, they do forget to mention that Apple, Twitter, and Facebook do
I have been talking about the Housing Bubble in Norway for a while and about one year ago I wrote an article here . The story was picked up in by a variety of publications including here . It turns out that the bubble has spread over the entire Nortic region. It caused quite a stir in Norway and was reported on in the leading business publications
I was interviewed today on RT TV about Bitcoin and the reasons it has soared in price to over $1000 per Bitcoin. It is both greater acceptance by vendors and governments as well as the world wide currency war and worry of war in the Middle East, especially in Iran which is in a hyperinflation that is driving the price higher. The Mises Institute
Here is an article that reports legal marijuana growers are using a great deal of electricity in Colorado following the vote to legalize marijuana. It focuses on the negative impact this is having on pollution, but spending lots of money on electricity indicates that they are also employing people and providing medical and recreational benefits to
Today is the 80th anniversary of the Repeal of Alcohol Prohibition in 1933. Here are some of my comments from the 75th anniversary. Here is another good question on the 80th anniversary: why don’t we smarten up and repeal marijuana prohibition? Some 90% of the American population is still in the Great Bush Depression that began in 2008. Only the
A short “take” from LibertarianChistians.com on the significance of the Austrian school of economics. It provides a quick overview of Austrian economics and how it differs from mainstream
You may have recently seen Patrick Barron’s solution for Detroit’s problems here . Now Mark Spitznagel has issued his own recommendations which are based on the writings of Murray
President Obama has recently addressed the issue of the declining affordability of higher eduction. Richard Vedder, a fellow traveler of the Austrian school, takes on the issue of the ever rising cost of higher education and declining standards of academic rigor here in the Wall Street
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.
