Monty Pelerin's World

A half-century ago, Ludwig von Mises discussed the concept of a “perfect government.” In this excerpt from his book, The Ultimate Foundation of Economic Science, Mises deals with what Friedrich Hayek [...]

For those wanting to learn more about Ludwig von Mises, this piece by Eugen-Maria Schulak and Herbert Unterköfler from Mises.org is a reasonable starting point. It deals with his personal life more than his economic [...]

For those interested in epistemological problems in the social sciences versus the physical sciences, the following article is a good summary. It contrasts the Austrian economics approach with that of [...]

The name Ludwig von Mises is synonymous with classical liberalism. He was an unrepentant champion of freedom and free markets. His beliefs, unlike so many of us, were not something [...]

If you are interested in learning more about Ludwig von Mises and Austrian economics, this talk between Boettke and Roberts is valuable. It represents a simple history of economics over [...]

Contrary to what many think, newer is not necessarily better. Change is not always progress or improvement. This caution seems to apply especially in the field of economics where theory, [...]

A number of readers have inquired about Austrian economics and Austrian economists. The Dean of the modern Austrian school was Ludwig von Mises. For those wanting to read about his [...]

Austrian Economics continues to gain in influence despite the ruling elite’s attempts to marginalize it. The latest example was the Wall Street Journal’s recent coverage of Peter Boettke. The Daily Bell [...]

For those wanting a primer on QE and its effect on the value of currency, I recommend that you read John Hussman’s article. As a teaser, Hussman had this to [...]

Classic Videos: Retirement Armageddon by JOHN RUBINO on JUNE 19, 2010 Here’s a wake-up call from Gary North of the Ludwig von Mises Institute on why our idea of retirement will turn out to [...]

Ludwig von Mises predicted that every expansionary boom would collapse. Either the currency would be destroyed or the expansion would stop plunging the country into a Depression. His first option, [...]

Too many Americans are ignorant of the past and consequently ignorant of the present and future. They take for granted our prosperity and way of life without ever thinking about [...]