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Murray Rothbard famously asked Cui bono? to help unearth government scandals. Kenya’s politicians certainly benefitted from the Eurobond affair.
Ludwig von Mises had many insights about immigration. As one might expect, he foresaw problems with open borders, but also believed immigration could benefit...
Record-low consumer confidence and record-strong corporate earnings aren’t a paradox: they’re the Cantillon effect in real time. Mark Thornton explains who inflation rewards, who...
In 1871, the “discovery” of marginal economic analysis soon took a wrong turn, moving towards quantification, data, and mathematics. It is time to “rediscover”...
Human Action sold thousands of copies, earned accolades from across the political spectrum, and made zero acknowledged impression on the economics profession. Or did...
A Libertarian Party presidential nominee said he was open to a carbon tax. Mises would have had a different suggestion, and Timothy Terrell explains...
There are only three possible economic systems: capitalism, socialism, and interventionism. Mises spent his career proving the third is the least understood and the...