The Battle on Lake Geneva—Mises vs. the Statists at Mont Pelerin
The original Mont Pelerin Society meeting in 1947 featured Ludwig von Mises, whose warnings about the
Why “Majority Rule” Doesn’t Work
Even if whole regions of the country vote overwhelmingly against a president, they are still forced
Assumptions in Economics and in the Real World
Mainstream economists often base their analysis upon assumptions that do not square with reality. Austrian economics,
Your Kids Are Already Communist, and College Will Make It Worse
Modern American culture is statist to the core. The typical school curriculum tells students that capitalism
Mises on the Human and Financial Disaster that Was World War I.
On this day 106 years ago, the warring parties of World War I agreed to an
The Constitution’s Negative Effects on Free Trade
While the US Constitution made the US a large free trade zone, prohibiting states from erecting
How the Bankers Outfoxed the Politicians
When the bankers called for a central bank in the US, they claimed to only want
Does the Central Bank Determine Interest Rates?
A common belief among economists is that the central bank determines what interest rates should be.