Mises Institute
Monday, April 7, 2025
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How Keynes Got Say Wrong—and Why It Matters Today
Jose Torra
In The General Theory, J.M. Keynes allegedly “discredited” Say’s Law. Of course, Keynes actually debunked a straw man that was a caricature of what Say actually wrote. It’s time to set the record straight.
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Not Worth a Transcontinental: Railroading a Nation into Prosperity
Jerome Huyler
American history classes typically teach that the original transcontinental railroad was a major triumph. What they don’t say is that it was a product of corporate welfare that created economic problems later on.
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Menger vs. MMT on the Origins of Money
Jonathan Newman and Bob Muprhy explore the archaeological evidence for silver as money in ancient Mesopotamia.
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The Silver Lining
Think silver prices are manipulated? There’s more to the story. Mark Thornton explores the economic theory of “joint supply” and how it can create a “silver lining” even in a downturn.
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The Medieval Origins of the European Miracle
“The critical point was, again the Middle Ages, and there you had an adversarial position between the church and the state that was, in fact, crucial.”
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Western Officials Continue to Push African Nations to Decarbonize
Despite Africa being the world’s poorest continent, Western elites are still pushing African governments to divest of carbon-based fuels.
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Dense Dogmatism: Jacob McNulty on Herbert Marcuse
Dr. Gordon examines Jacob McNulty’s futile attempt to interpret the thinking of someone who supported Marxian socialism but never successfully explained it.
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Lessons for the
Young Economist
Intended for high schoolers, this new course provides a solid foundation of basic economic principles.
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The Bastiat Collection
Claude Frédéric Bastiat was an economist and publicist of breathtaking intellectual energy and massive historical influence. The bulk of his remarkable writing career that so inspired the early generation of English translators—and so many more—is contained in this collection.
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