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Populism, anti-globalism, anti-elitism — these are all symptoms of a hostility toward politics. We should embrace the opportunity they present.
EducationPhilosophy and Methodology
Empirical data is useful as historical information. But to interpret the data, we require good economic theory.
EducationHistory of the Austrian School of EconomicsPhilosophy and Methodology
In the nearly seven decades since its appearance, Human Action has come to be recognized as one of the truly great classics of modern economics.
EducationOther Schools of ThoughtPhilosophy and Methodology
The macroeconomic approach looks upon an arbitrarily selected segment of the market economy as if it were an integrated unit.
Americans enjoy one of the world's highest incomes levels. But their fondness for spending means they have have relatively low levels of wealth.
If Brazil truly is "the country of the future," it will be due to it embracing the ideas of Mises, Hayek, and Rothbard.
EducationMedia and CultureStrategy
Maybe the best thing we can do then is to let ourselves be guided by Bastiat's saying: "The worst thing that can happen to a good cause is, not to be skillfully attacked, but to be ineptly defended."
EducationAustrian Economics Overview
Students share their experiences from this year's Mises U.
EducationTaxes and SpendingPolitical Theory
My hope is that my new book, The Problem with Socialism, will be viewed as a companion to Henry Hazlitt's classic Economics in One Lesson.
Economics, as we have now seen again and again, is a science of recognizing secondary consequences.