“The gloves are off in the roiling academic dispute over the merits of austerity and the dangers of debt.” “ In the latest round , Harvard economists Kenneth Rogoff and Carmen Reinhart accused Princeton economist and New York Times columnist Paul Krugman of “spectacularly uncivil behavior” and the inaccurate allegation that they refused to share
Supply-side economist Nathan Lewis discusses the differences between Supply Side Economics and Austrian Economics (with respect to monetary policy) in Forbes . At first he goes on to attack the Austrians but ultimately he extends an olive branch in the form of the Classical pre-1913 Gold
This New York Times article argues the the fear of deflation (i.e. apoplithorismosphia) is everywhere from major retail companies to the leaders of the Federal Reserve. Economist Kenneth Rogoff calls for a 400+% increase in CPI inflation for several years to come! Here is a link to my article “Apoplithorismosphobia” in the Quarterly Journal of
David Howden is interviewed on the GoldMoney show with Andy Duncan. “Howden thinks that the Euro will hold together in the short term, but he is rather pessimistic on the long term outlook of the common currency. One at a time countries which were formerly regarded as “stable” are being dragged into the debt hole. Though he assesses the problems
Thorsten Polleit delivered a speech at the Austrian Economics Research Conference entitled “The Gold Standard That Never Was.” Thorsten was interviewed by GoldMoney’s Andy Duncan. The speech is discussed in this podcast . The conditions that he sees as being necessary for a gold standard to be compatible with free market principles are discussed.
Harry Veryser’s new book It Didn’t Have to Be This Way: Why Boom and Bust Is Unnecessary—and How the Austrian School of Economics Breaks the Cycle is reviewed by John Zmirak. He write: What boggles the mind is how Harvard MBAs, Wharton professors, Federal Reserve chairmen, and other types who convene at places like Davos to plan the global future
Here is another great lecture by Murray Rothbard: “Conservation and Property Right.” He covers virtually the entire spectrum of environmentalist concerns. Has anyone ever investigated Herbert Hoover’s “infamous” Radio Act of 1926? Why was it
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.
