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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Why Keynes Was Wrong About Consumer Spending
As a result of the coronavirus pandemic, most experts are of the view that it is the role of the government and central bank to minimize the damage inflicted by the virus on the economy.
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The Only Long-Term Solution To A Bust Is To Rebuild Savings
Once an economy falls into a recession some commentators express concern that as a result there is now nonutilized capital and labor. Resources that can be used are now made unemployed.
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GDP, Free Trade, And Prosperity
Judging the value of free international trade by its apparent effects on GDP is to wholly miss the benefits.
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Gorging On Debt To Survive The COVID-19 Economy
The only way to keep the indebted system from collapsing is to continue drowning in debt.
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A Rising Demand For Money Won't Save Us From Inflation
According to popular thinking, not every increase in the supply of money will have an effect on the production of goods.
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US Trade Is Crippled By The American Government, Not The Chinese
Some fair-weather friends of free trade have been rethinking their positions in the face of supposed Chinese economic weaponization of pharmaceuticals. They are now embracing managed trade instead. Why?
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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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