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Austrian Economics
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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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The Origins Of The 2 Percent Inflation Target
Janet Yellen was concerned that low inflation could "paralyze the economy," especially during economic downturns.
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