Tag: von Mises
Common Sense Video — How Unsound Money Destroys Civilizations
The importance of money, sound money, is not well understood. Ludwig von Mises understood and he commented a century ago on its importance to liberty: It is impossible to grasp the meaning of the idea of sound money if one does not realize that it was devised as an instrument for the protection of civil liberties [...]
How Unsound Money Destroys Societies
The importance of money, sound money, is not well understood. Ludwig von Mises understood and he commented a century ago on its importance to liberty: It is impossible to grasp the meaning of the idea of sound money if one does not realize that it was devised as an instrument for the protection of civil liberties [...]
Common Sense Videos — Hayekian Economics and Influence
The return of the views of Friedrich Hayek (and his mentor, Ludwig von Mises) are becoming fashionable once again as a result of the continuing financial crisis. This video from the BBC discusses his economics in contrast with the Keynesian views that have created this crisis. The roots of the current crisis can be tracked [...]
Ludwig von Mises: The Logician of Freedom
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 contributions. His life spanned possibly the most interesting time in human history. There are numerous links within the piece for those wishing to pursue other [...]
Atlas Is Shrugging In The US And Flexing His Muscles Elsewhere
Ayn Rand was mostly correct when she wrote her magnum opus “Atlas Shrugged.” She was incorrect in one important area. She assumed the final option for the wealthy and entrepreneurial class was to go on “strike” and retire to Galt’s Gulch. In the modern world the movers and shakers don’t strike, they migrate. Atlas is shrugging [...]
Economic Understanding as the Basis for Liberalism and Conservatism
“The single most important proposition in economic theory, first stated by Adam Smith, is that competitive markets do a good job allocating resources. Vilfredo Pareto’s later formulation was more precise than Smith’s, and also highlighted the dependence of Smith’s proposition on assumptions that may not be satisfied in the real world. The financial crisis has [...]
RICHARD RALPH ROEHL
Syrin
The Swedish Chef
Connect
Connect with us on the following social media platforms.