Competition is a relentless, dynamic process of entrepreneurship and discovery.
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Category Archive: 6b.) Mises.org
The Austrian Theory of the Business Cycle
Paul Cwik explains how artificial credit expansion triggers unsustainable booms and inevitable busts.
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Selling the Public Lands
Some in Congress are floating the idea of selling government land -- especially in the West -- as a way to pay down federal debt and free more land for housing. While this might seem like a free market "solution," we should remember that the government is a rapacious monopoly.
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Selling the Public Lands
Some in Congress are floating the idea of selling government land—especially in the West—as a way to pay down federal debt and free more land for housing. While this might seem like a free market “solution,” we should remember that the government is a rapacious monopoly.
Read More »
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Economists: Central Bank Digital Currency Should Not Exist in the US
President Donald Trump signed a law on Friday to create a regulatory framework for dollar-pegged cryptocurrencies, known as stablecoins. NTD's Don Ma discusses with Steve Hanke, Professor of Applied Economics at Johns Hopkins University, and Christian Briggs, CEO of Hard Asset Management.
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The Birth of the Austrian School
Professor Salerno traces the birth of the Austrian School to Carl Menger’s revolutionary insight.
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The Questionable Role of Quantitative Methods in Economics
Austrian economics veers sharply from the economic mainstream over the use of mathematics and quantitative measures. Instead, Austrians build upon irrefutable premises based upon human action.
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The Questionable Role of Quantitative Methods in Economics
Austrian economics veers sharply from the economic mainstream over the use of mathematics and quantitative measures. Instead, Austrians build upon irrefutable premises based upon human action.
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Banking
David Howden reveals how banking, especially fractional reserves and central bank manipulations, creates instability and inflation.
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Money
Dr. Sandy Klein walks through the origins and essential functions of money, showing how barter’s pitfalls led to the spontaneous emergence of money as a medium of exchange.
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Understanding the Causes of Lincoln’s War
Why did North and South go to war with each other in 1861? The standard narrative is that slavery caused the war while more thoughtful people realize that the causes are much more complex than the simple "slavery existed" narrative.
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The Economic Success of Singapore and Hong Kong
While it is tempting to see the economic success of Singapore and Hong Kong as similar, there really are stark differences between them. Hong Kong has developed through laissiez-faire and entrepreneurship while Singapore is much more state directed.
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The Economic Success of Singapore and Hong Kong
While it is tempting to see the economic success of Singapore and Hong Kong as similar, there really are stark differences between them. Hong Kong has developed through laissiez-faire and entrepreneurship while Singapore is much more state directed.
Read More »
Read More »
Understanding the Causes of Lincoln’s War
Why did North and South go to war with each other in 1861? The standard narrative is that slavery caused the war while more thoughtful people realize that the causes are much more complex than the simple “slavery existed” narrative.
Read More »
Read More »
In Their Own Words: Revolutionary Voices on Inflation
This article is dedicated to some of the quotes, especially from key participants and primary sources, about inflation and its consequences during the American Revolution. As usual, war led to inflation, which in turn facilitated war, and both contributed to centralization.
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In Their Own Words: Revolutionary Voices on Inflation
This article is dedicated to some of the quotes, especially from key participants and primary sources, about inflation and its consequences during the American Revolution. As usual, war led to inflation, which in turn facilitated war, and both contributed to centralization.
Read More »
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On Swiss National Bank
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SNB Sight Deposits: increased by 1.7 billion francs compared to the previous week
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2025-07-31 – Interim results of the Swiss National Bank as at 30 June 2025
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SNB Brings Back Zero Percent Interest Rates
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Hold-up sur l’eau potable (2/2) : la supercherie de « l’hydrogène vert ». Par Vincent Held
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2025-06-25 – Quarterly Bulletin 2/2025
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