Losing Control of Money

With global worldwide debt now over $300 trillion and interest rates rising, the US dollar is once again a relative safe haven in a slowing economy. Currencies competing with the Dollar …

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Saint Augustine, Proto-Austrian

One of the fundamental tenets of Austrian economics is the ordinal value scale. Augustine articulated the idea more than a thousand years before Carl Menger wrote his pathbreaking Principles of Economics. …

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How to Think about the Economy

Recorded in Tampa, Florida on February 25, 2023. Mises WireThe Mises Institute exists to promote teaching and research in the Austrian school of economics, and individual freedom, honest history, and …

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Decorum Propels DC Deceit

The president’s SOTU speech has become an annual presentation of a new set of White House lies. But official Washington believes it is worse to publicly boo false statements than …

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Jeremy Bentham: From Laissez-Faire to Statism

[An Austrian Perspective on the History of Economic Thought (1995)]   Jeremy Bentham (1748–1832) began as a devoted Smithian but more consistently attached to laissez-faire. During his relatively brief span …

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