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February 5, 2022

Mises Institute

By Daniel Lacalle

Biden's "Historic Growth" Is No Such Thing.

Real wages are going down. Debt is skyrocketing. The economy has only partly recovered from an economic disaster. This isn't the "historic growth" Joe Biden wants you to think it is.

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By David Gordon

It Wasn't Capitalism: Mises Explains Nazi Economics

The Nazi economy reduces entrepreneurs to the status of shop managers. The government tells them what and how to produce, at what prices and from whom to buy. Private property is de facto gone.

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By Robert P. Murphy

Why Austrians Stress Ordinal Utility

Sometimes people—even other economists—are incredulous that the Austrians deny the possibility of interpersonal utility comparisons.

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