Post Content
Both Monetarists and Keynesians believe that a growing economy requires a growing money supply, thus, the Federal Reserve‘s “target” inflation rate of two percent. Austrian economists, however, understand that inflation at any level creates economic damage.
Now available at the Mises Institute book store : Life in Liberty: Liber Amicorum,a collection of essays in honor of Hans-Hermann Hoppe for his 75th birthday.
Functionally, there is no difference between the US's Medal of Freedom and the Order of Lenin awards handed out by the old Soviet Union.
The Mises Institute will host the Libertarian Scholars Conference on March 20 at our Auburn campus.
The Federal Reserve has welcomed the New Year by more of the same. As government spending continues to explode, the Fed enables it with its usual financial tricks.
Americans and Cubans have been deprived of trade and travel. Who benefits?
Let's say I have contingent valuation data for a recreation trip where the dependent variable is y=0 if they would take the trip and y=1 otherwise. The independent variables are the added cost of the trip, a risk factor and whether the respondent takes a
Bob looks at the misconceptions and misuses of GDP accounting, explaining why this widely accepted metric often paints a misleading picture of economic health.