Hayekian Insights from The Road to Serfdom
Hayek's "Road to Serfdom" is one of the greatest economic reads that everyone would benefit from. We suggest you have a read. But if you prefer the video version, there are…
Inflation: The Rumors of its Death are Greatly Exaggerated
Speaking at Grant’s spring conference, Steve Hanke, master monetary economist, described the money creating business in the US as “Pretty much everything is well-behaved.” While the Fed does its best…
Why Social Democracy is Failing Europe
Europe is imploding in slow motion. The European Union is another layer of government that is smothering everything in sight, as it seeks to own and control everything that takes…
Economic Models vs. The Real World
The government’s releases of various economic indicators such as GDP, CPI, and unemployment receive wide coverage in the media. In a measured and authoritative voice, various economists and other experts…
Private Property, Public Purpose
There is a lot of talk about socialism and communism in the public square these days. More people, particularly young people who are saddled with societal debts, are becoming open…
Countries with “Free Tuition” Often Have Fewer College Graduates
One of our favorite sayings is, “If you think it is expensive now, just wait till it’s free.” We are seeing this in real time. The more people get “free”…
Can Central Banks Avoid Booms and Busts with the “Right” Amount of Money Creation?
Most economists are of the view that a growing economy requires a growing money stock because economic growth gives rise to a greater demand for money, which must be accommodated.
Why Bother Studying Economic Theory?
What is most exciting about the Austrian methodology of economic inquiry is that, to quote Mises himself, it does not relegate economics to the classrooms, to the “statistical offices,” and…
The Student Debt Conundrum
Using data from the Federal Reserve, Student Loan Hero — an organization that provides “resources, tools and information” to help “student loan borrowers understand their student loans and make intelligent…
Misesian Insight: Cantillon Effects and Financialization
A final important analysis to be made with regard to wealth redistribution, alongside those presented in previous articles, is also related to the case of firms, domestic and international, and…
Economists Won’t Predict the Next Crash — Because They Can’t
You get a lot of attention if you shout out things like “The stock market is about to collapse”, or “The US dollar crash is just around the corner”, or…
Mises Moment | Why Mainstream Economists Don’t See Recessions Coming
People talk about economics all the time with the belief that it will help with their investment decision-making process. But economic analysis of little use most of the time. In…