Mises Search

[ Originally printed in the journal Procesos de Mercado: Revista Europea de Economía Política 14, no. 2 (Autumn 2017). ] 1. Personal Life and Career 1.1 Early Life Prof. Jesús Huerta de Soto Ballester is one of the leading Austrian School economists in the contemporary era. On December 23, 1956, Huerta de Soto was born in a devout Catholic and

The 2018 soccer World Cup just ended a few weeks ago. In addition to the strong performance of the European teams in the World Cup, Asian teams have also made progress in this event. For example, although Japanese players do not have the athleticism of the European, African, and Latin American teams, the Japanese team scored in the top 16 of the

The Chinese government has recently produced a lot of international news: the trade war with the U.S. government ; the suspicious financing on Malaysia’s former corrupted ruling party ; the suppression on Taiwan’s foreign and diplomatic space , etc. Excluding the news related to international politics, the Chinese government was also fighting

The possible trade war between China and the United States has become one of the hottest topics in the recent international news, though officially the trade war has not started yet . Economic theories have already told us that free trade can benefit the individuals among different countries; and on the contrary, tariffs can make them worse off.

News that the Chinese government was preparing to remove constitutional term limits on President Xi Jinping shocked most Chinese. Many worry that an unlimited term of office will lead to unlimited power and increased restrictions on individual liberty. Will President Xi become a Chinese version of Russia’s President Putin? Will Xi become another

Dr. Per Bylund’s recently published article  poignantly states one of the core problems in the Chinese economy and its the state-manipulated Keynesian foundation. I do agree with his opinion. And if we dig deeper into the exact situation of Chinese economy, we will find that it’s a typical failing of the Keynesian, cronyist system. By using the

Listen to the Audio Mises Wire version of this article. As the Austrian school of economics demonstrates in the calculation theory of socialism, no central planning body has the capacity to organize society based on coercive mandates. The main reason is that the central planner is unable to obtain all the necessary information to organize society