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The Essential Austrian EconomicsChristopher J. Coyne and Peter J. BoettkeVancouver: Fraser Institute, 2020, 68 pp. David Gordon (dgordon@mises.org) is a senior fellow at the Mises Institute and editor of the Journal of Libertarian Studies. Christopher Coyne and Peter Boettke, both professors of economics

Radical Uncertainty: Decision-Making Beyond the NumbersJohn Kay and Mervyn KingNew York: Norton, 2020, xvi + 528 pp. David Gordon (dgordon@mises.org) is a senior fellow at the Mises Institute and editor of the Journal of Libertarian Studies. Kay and King are not Austrians,

We oppose President Biden's lawless and authoritarian new mandates announced yesterday. We also denounce his divisive rhetoric toward unvaccinated Americans, his reckless antipathy for federalism, and his threats to usurp state governors. Contra Mr. Biden, this is entirely about freedom and personal choice. His proposed

It is neither Red Scare hyperbole nor misplaced attribution to say that the covid regime established in the Western world is primarily a product of the Chinese regime. I refer not strictly to the claim that covid-19 originated in a

When I came to the US from Italy, I came as a sort of economic refugee, escaping Italy's economic stagnation. But now America seems intent on copying Italy's path to impoverishment. Original Article: "America's Economy Is Heading Down the Same Road

With the stock market at all-time highs and seemingly endless “free liquidity” being provided by the Fed, the last thing most people can envision right now is a major recession—particularly one that will be the worst since the Great Depression

While bankruptcy has a negative connotation in the business world, “Bankruptcy fulfills the crucially important social function of preserving the available stock of capital." Original Article: "Preserving Capital through Bankruptcy" This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by

Because my economics courses focus on public policy, I often deal with benefit-cost analyses (BCA) in them. While little discussed, the central idea is simply to identify and include all the relevant benefits and costs of a decision, do our

Governments are seeking to mandate vaccine usage in a variety of ways, even while vaccine producers are shielded from full legal accountability should their treatments cause harm. That should raise some red flags. Original Article: "WaPo Editors: "Liberty" Requires Us to

Paul Krugman seems to have a very unhealthy obsession with Austrian economics and especially the school’s theory of the business cycle. More than two decades ago, he attacked it (wrongly calling it a “Hangover Theory” and trying to make a