Fiscal Theory

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The Essential State

Big GovernmentFiscal Theory

Blog07/05/2006

Two hundred and thirty years after the Declaration of Independence was issued in Philadelphia, a declaration of a different sort was made just across the state line in Trenton, New Jersey. Governor Jon Corzine called his state's legislature into special session to settle a budget impasse...

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Rollback

Big GovernmentHealthTaxes and SpendingU.S. EconomyFiscal Theory

01/11/2016Books
Woods writes with relentless precision, like an intellectual surgeon, to convince the reader that the government is not what it says it is, but is rather the opposite.
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Selected Writings of LVM, vol 2: Between the Two World Wars

Booms and BustsCalculation and KnowledgeFiscal TheoryHistory of the Austrian School of EconomicsPolitical Theory

01/11/2016Books
The essays collected in this volume are from the interwar period, when Mises was working for the Vienna Chamber of Commerce. They concern monetary policy, fiscal policy, the boom and bust cycle, trade, economic calculation, socialism, and the history of ideas.
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Dan Mitchell: The Immoral US Tax Regime

Global EconomyTaxes and SpendingFiscal Theory

01/29/2015Audio/Video
"Taxes" sounds like a boring subject, but Dan brings great energy and passion to the discussion.

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The Central Fallacy of Keynesian Economics

Calculation and KnowledgeFiscal TheoryMonetary Theory

11/19/2014Quarterly Journal of Austrian Economics
Keynes’s theory of Aggregate Expenditures from the General Theory is examined and criticized. Keynes suggested numerous reasons why his marginal propensity to consume (MPC) might vary across individuals, over different time periods, and might be fundamentally heterogeneous in other respects,...
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The Cultural and Political Consequences of Fiat Money

Fiscal TheoryMoney and Banking

10/31/2014The Free Market
The Free Market 32, no. 10 (October 2014) It may seem unusual that an economist would talk about culture. Usually, we talk about prices and production, quantities produced, employment, the structure of production, scarce resources, and entrepreneurship. But there are certain things that economists...
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The Failure of Fixed Rates

Fiscal TheoryGold Standard

08/20/2014Mises Daily Articles
The inability of governments to maintain fixed exchange rates in the face of opposing market forces is only further proof of their impotency.

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When State-Subsidized Industries Attack

Big GovernmentFiscal TheoryInterventionismProduction Theory

08/04/2014Audio/Video
The corn, sugar, and ethanol industries in the US are all part of a complex system of government subsidies and other favors, writes Dave Albin. This audio Mises Daily is narrated by Robert Hale.

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There is No Tradeoff Between Inflation and Unemployment

The FedFiscal TheoryInterventionism

06/05/2014Mises Daily Articles
Even mainstream empirical data shows that the Phillips Curve is wrong and that inflation does not cure unemployment.

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