Mises Institute

All aboard! Government policies are moving us down the tracks into proverbial political perdition. This is a ride many of us would rather not be taking.

Professor Lucas Engelhardt examines how mainstream economics has deliberately abandoned the history of economic thought, and why Austrian economists must keep teaching and re-teaching the great debates of the past.

Beyond the initial oil shock, the Iran war is also laying the foundation for ongoing monetary inflation and price inflation, with no real change to the US regime's commitment to easy money.

The so-called money multiplier that exists through fractional reserve banking is propped up by central banking and inflation. It is not a good thing for the economy.

For more than two centuries, the doomsday crowd has claimed that capital development will create mass unemployment. And for two centuries, they have been wrong. The same goes for artificial intelligence.

Two interviews, two timelines: before and after the Middle East war. Mark Thornton explains what the conflict means for oil, inflation, and why gold and silver still signal deeper trouble ahead.

Issues of homelessness and vagrancy in public spaces and on public transportation are made worse because government ownership of the property does not allow for exclusion. Instead, we get the “tragedy of the commons.”

If economics has its Unicorn, it would be the Giffen Good, the good that would seem to defy the Law of Demand. While economists have played around with Giffen Good scenarios, in reality, finding it is even more unlikely than sighting a unicorn.

The Henry Hazlitt Memorial Lecture, sponsored by Murray and Florence M. Sabrin.The Austrian Economics Research Conference is the international,