If you hail deficit spending, you are embracing impoverishment. If you defend this kind of deficit spending, you are actively supporting stagnation.
In this issue of the Misesian we celebrate seventy-five years of Human Action. As you will see in the next pages, many of our top scholars examine the legacy of Human Action and find it continues to inspire new generations of economists, scholars, and students.
Academic elites claim that there is no objective truth, only social constructs. Thus, people can create their own reality in many areas, and everyone else is expected to accept whatever “reality” is presented—or face serious consequences.
Do we have a market situation primed for everyone to head for the exits? What would ignite such a problem?
Even as the Federal Reserve continues to manipulate interest rates to “fight” the results of the business cycle, Austrian economics teaches that business cycles occur because of the manipulation. They never learn.
Jeffrey Miron Bump stocks are devices that enable semi‐automatic weapons to fire faster—although still slower than—fully automatic weapons. Bump stocks became the target of legal and public scrutiny after a gunman used them in the 2017 Las Vegas mass shooting, after which then‐President Donald Trump called for
Nicholas Anthony In the Wall Street Journal, I had a letter to the editor published on June 26 regarding the rise of electronic payments and the fall of cash. In the article I responded to, Oyin Adedoyin pointed out that businesses have been moving away from cash for a variety of
Colleen Hroncich Like many education entrepreneurs, Hannah Holguin had a two‐pronged motivation for creating her microschool, Masterpiece Academy. A public school teacher for nine years, she was realizing that the system wasn’t serving all students as well as it could. At the same time, her child was becoming
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