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January 16, 2020

Mises Institute

By Brendan Brown

What Will It Take To Get the Public to Embrace Sound Money?

If the small sample size of monetary history is any guide, the combination of asset market crashes and high goods inflation empowers sound money forces in the political arena. At the moment, neither of those factors are in play.

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By Jeff Deist

An Austrian Frame of Mind

The Marginal Revolutionaries: How Austrian Economists Fought the War of Ideas is a lively history of the astonishing influence prewar Viennese intellectuals had on the greater world, and continue to have in areas far beyond economics.

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By Bill Wirtz

The European Green Deal Is Every Bit as Bad as Expected

While the legislation introduced in the US Congress remains fiction under a Republican executive and senate, the Brussels initiative will become law unless there is considerable opposition from EU member states.

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By Ludwig von Mises

How Do We Calculate Value?

Judgments of value do not measure: they arrange, they grade. If he relies only on subjective valuation, even isolated man cannot arrive at an economic decision based on more or less exact computations in cases where the solution is not immediately evident. To aid his calculations he must assume substitution relations between commodities. That's where exchange value and prices come in.

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