mises

Deflation & Liberty (Pt. 5)

Tuesday, April 15th, 2014 by posted in Economics.
deflation-and-liberty

Inflation in the form of fractional-reserve banking and fiat money is ultimately a self-defeating practice. It bears in itself the germs of its own destruction and, as we shall see, deflation is the essential vehicle of this destruction. We can

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Deflation & Liberty (Pt. 4)

Monday, April 14th, 2014 by posted in Economics.
deflation-and-liberty

How would money be produced in a free society? Let us first observe that the fact that the quantity of money is irrelevant for the wealth of a nation must not be confused with the ideal of stabilizing the quantity

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Deflation & Liberty (Pt. 3)

Friday, April 11th, 2014 by posted in Economics.
deflation-and-liberty

[This article is excerpted from Deflation & Liberty] From the standpoint of the commonly shared interests of all members of society, the quantity of money is irrelevant. Any quantity of money provides all the services that indirect exchange can possibly

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Deflation & Liberty (Pt. 2)

Thursday, April 10th, 2014 by posted in Economics.
deflation-and-liberty

[This article is excerpted from Deflation & Liberty] When it comes to matters of money and banking, all practical political issues ultimately hinge on one central question: Can one improve or deteriorate the state of an economy by increasing or

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Deflation & Liberty (Pt. 1)

Wednesday, April 9th, 2014 by posted in Economics.
deflation-and-liberty

[This article is excerpted from Deflation & Liberty] The twentieth century has been the century of omnipotent government. In some countries, totalitarian governments have established themselves in one stroke through revolutions—apparently a bad strategy, for none of these governments exists

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Mises’ Plan of an “Eastern European Democratic Union” (EDU) – A Solution for the Ukrainian Crisis?

Monday, March 31st, 2014 by posted in Economics, Foreign Policy, Politics.
Ukraine_Protest_Cong teaser

Once again, a conflict in Eastern Europe threatens world peace. The dispute about Ukraine’s status as an independent country puts the old problem of national sovereignty in Eastern Europe back on the agenda. Once again, the project has failed to

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Episode 57: Detlev Schlichter – Paper Money Collapse

Wednesday, March 19th, 2014 by posted in Economics, History.
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Catch one of the latest episodes of Better Red Than Dead, starring Mises Canada Executive Director Redmond Weissenberger and economist Detlev Schlitcher. Detlev S. Schlichter is an Austrian School economist and author. His book Paper Money Collapse – The Folly of Elastic

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Detlev Schlichter: Economics and the a priori: In defense of Ludwig von Mises

Wednesday, March 19th, 2014 by posted in Economics, Philosophy.
Detlev Schlichter: Economics and the a priori: In defense of Ludwig von Mises

On Tuesday 11th March, Detlev Schlichter gave a on “Economics and the a priori: In defense of Ludwig von Mises” to the Libertarian Alliance in London.

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The High Price of Delaying the Default

Wednesday, March 19th, 2014 by posted in Banking, Capitalism, Economics.
lehman teaser

Reprinted from Mises.org Credit is a wonderful tool that can help advance the division of labor, thereby increasing productivity and prosperity. The granting of credit enables savers to spread their income over time, as they prefer. By taking out loans,

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Boosting the Bust

Friday, March 7th, 2014 by posted in Banking, Capitalism, Economics, History.
federal reserve teaser

The root cause of the crisis is the credit money system Economic data suggest that the large economies around the world – the US, Europe and Japan – are working themselves out of the latest financial and economic crisis. Output

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Say’s Law and the Permanent Recession

Monday, February 24th, 2014 by posted in Capitalism, Economics, History.
jean-baptiste-say teaser

Mainstream media discussion of the macro economic picture goes something like this: “When there is a recession, the Fed should stimulate. We know from history the recovery comes about 12-18 months after stimulus. We stimulated, we printed a lot of

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Mises and Schumpeter: Friendly Rivals?

Tuesday, February 18th, 2014 by posted in Economics, History, Philosophy.
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Reprinted from Mises.org Ludwig von Mises and Joseph Schumpeter are the most famous economists trained by the older Austrian School, although generally Schumpeter has received the lion’s share of attention.[1] This is especially true, for example, in the field of entrepreneurship.

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A. Traviss Corry Joins Mises Canada Advisory Board

Monday, February 17th, 2014 by posted in Announcements.
corry

The Ludwig Mises of Canada strives to continually expand both the breadth of our mission and the reach of our organization. We pride ourselves on being an informed and active part of the greater discourse. This is achieved by welcoming

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What’s the Big Deal with High-Frequency Trading?

Thursday, February 13th, 2014 by posted in Banking, Capitalism, Economics.
nyse_ars

One of the fundamental laws of economics is that prices display information. When goods and services are sold, the price reflects the intersection of supply and demand. As Ludwig von Mises showed in his groundbreaking article “Economic Calculation in the

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Noahgreement on similarities between Austrians and New Classicals

Friday, February 7th, 2014 by posted in Economics, Epistemology, Methodology.
Modern-Car-Versus-Classic-Muscle-Car

I’ve got a confession to make: my favourite economics blog name is Noah Smith’s “Noahpinion”. It’s a really great blog name. With the niceties out of the way, let’s address Smith’s latest screed: “How the New Classicals drank the Austrians’

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Obamacare is the Epitome of Mises’ “Planned Chaos”

Thursday, November 21st, 2013 by posted in Capitalism, Economics, Health Care.
Obamacare-Website teaser

Reprinted from the Daily Reckoning It is such a kick to read the transcripts from the White House’s health care “war room” in the first days of release. What a meltdown, and you get to watch it all in real-time.

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40 Years Later: Mises’s Lasting Legacy

Tuesday, October 22nd, 2013 by posted in Economics, History.
MisesReading teaser

Reprinted from Mises.org Each year in early October, the world looks to Sweden and Norway, where the annual Nobel Prize winners are announced in the fields of literature, medicine-physiology, physics, chemistry, and peace-making. The great Swedish entrepreneur, Alfred Nobel did

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Subjective Value and Objective Good

Thursday, October 17th, 2013 by posted in Economics, Epistemology, Law, Methodology.
ThinkingMan

Value is subjective. This is one of the cornerstones of modern economics. What’s known as the “marginal revolution” of the late 19th century was responsible for bringing the axiom from intellectual musing to orthodox dogma. Three economists – Leon Walras,

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Online Black Market “Silk Road” Shut Down; FBI Connects Owner to the Mises Institute

Wednesday, October 2nd, 2013 by posted in Civil Liberties, Lifestyle, Trade, War on Drugs.
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The online black market Silk Road, that served as a haven for those interested in purchasing illicit materials (along with perfectly legal goods like books and clothes), has been seized and shut down by the FBI, along with the arrest

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Immigration’s False Flag

Wednesday, October 2nd, 2013 by posted in Capitalism, Economics, Law.
immigration fence teaser

Ludwig von Mises famously argued that government interventions beget further interventions. All varieties of (government) interference with the market phenomena not only fail to achieve the ends aimed at by their authors and supporters, but bring about a state of

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