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Americans enjoy one of the world's highest incomes levels. But their fondness for spending means they have have relatively low levels of wealth.
If Brazil truly is "the country of the future," it will be due to it embracing the ideas of Mises, Hayek, and Rothbard.
EducationMedia and CultureStrategy
Maybe the best thing we can do then is to let ourselves be guided by Bastiat's saying: "The worst thing that can happen to a good cause is, not to be skillfully attacked, but to be ineptly defended."
EducationAustrian Economics Overview
Students share their experiences from this year's Mises U.
EducationTaxes and SpendingPolitical Theory
My hope is that my new book, The Problem with Socialism, will be viewed as a companion to Henry Hazlitt's classic Economics in One Lesson.
Economics, as we have now seen again and again, is a science of recognizing secondary consequences.
EducationMedia and CultureTaxes and SpendingInterventionism
Thanks to government funding and a lack of intellectual diversity, critical thinking has become a mere afterthought at American universities.
The funding of research is inherently an entrepreneurial decision.
Mises: To seek to organize society is just as crazy as it would be to tear a living plant to bits in order to make a new one out of the dead parts.
EducationWorld HistoryAustrian Economics OverviewPraxeology
Man has only one tool to fight error: reason.