Henry Hazlitt’s Economics in One Lesson at 80
I first met the free-market journalist Henry Hazlitt (1894–1993) in June of 1974 at an Austrian economics conference in South Royalton, Vermont. I had…
Dr Richard M. Ebeling
Dr. Richard M. Ebeling is Professor of Economics at Northwood University
F. A. Hayek’s “Use of Knowledge in Society”: 80 Years On
ighty years ago, one of the most important contributions to economic theory and policy appeared as the lead article in the September 1945 issue…
Ludwig von Mises on Reducing the Size and Scope of Government
The world seems to be moving at an accelerated rate in a more collectivist direction. The potential trade wars set in motion by Donald…
The New Mercantilism and Economic Armaments
The reelection of Donald Trump to the American presidency has seemingly brought bought a radical disruption to the political, social, and economic status quo…
Donald Trump’s Trade Fallacies
Donald Trump has said more than once that the most beautiful word in the dictionary is “tariff” and that it is, in fact, his…
The Illusion of Inflationary Prosperity
Nothing is as enticing as a free lunch. The idea of getting something for nothing surely is appealing to almost everyone. You want a…
Ludwig von Mises and the Austrian Theory of Money, Banking, and the Business Cycle, Part 3
When the English-language edition of Ludwig von Mises’s The Theory of Money and Credit was published 90 years ago, in 1934, the world was in the…
Ludwig von Mises and the Austrian Theory of Money, Banking, and the Business Cycle, Part 2
When the second German-language edition of Ludwig von Mises’s The Theory of Money and Credit appeared 100 years ago, in 1924, it was less than a…
Ludwig von Mises and the Austrian Theory of Money, Banking, and the Business Cycle, Part 1
One hundred years ago, in 1924, the Austrian economist Ludwig von Mises issued a revised German-language edition of his 1912 book Theorie des Geldes und…
Lionel Robbins on the Logic of Choice and a Liberal International Order
It is probably not too much of an exaggeration to say that British economist Lionel Robbins (1898–1984) was one of the most influential economists…