Austrian Economics
Contributor's Links: Mises Institute

The Mises Institute exists to promote teaching and research in the Austrian school of economics, and individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. These great thinkers developed praxeology, a deductive science of human ... more

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Europe Faces A Fragile Economy As The Merkel Era Ends
As Angela Merkel prepares her exit from the chancellery in Berlin, a false alarm is ringing in Europe about an imminent danger of “stagflation.”
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Before A Bust, There Is Always A Boom (And Malinvestment)
For most commentators lending is associated with money. However, is this the case? When a saver lends money, what he/she in fact lends to a borrower is final consumer goods that he/she did not consume. 
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Can Economic Data Explain The Timing And Causes Of Recessions?
Most economists are of the view that through the inspection of economic data it is possible to identify early warning signs regarding boom bust cycles. What is the rationale behind this way of thinking?
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The Political Alchemy Called Modern Monetary Theory
The new kid on the economics block is something called modern monetary theory. The name is new, but the "theory" is not.
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Using The "Natural Interest Rate" In Setting Monetary Policy Is An Impossible Dream
It is held by many commentators that the Fed’s monetary policy, which is aimed at achieving price stability, is the key factor for attaining stable economic growth.
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Four Reasons The Next Recession Will Be Worse Than The Last One
Here are the four key reasons to believe the next recession could be worse than the Great Recession of 2008–09—which would make it the worst since the 1930s.
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Climate Change Policy Isn't Worth Its High Cost
To garner support for their cause, activists often present climate change as an existential risk. We are repeatedly told that there is incontrovertible evidence that humans are the main cause of climate change and that its effects are cataclysmic.
The Google Election
“Don’t be evil” is no longer be Google’s official company motto and it shows...
Does China Have Enough Gold To Move Toward Hard Currency?
Were the Chinese to take a turn toward hard-money policies, it is hard to see how the US could match a sound-money plan from China.

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