Perhaps John Maynard Keynes’ best con job was convincing people that a growing economy needs inflation, lots of inflation. As David Gordon points out, however, Ludwig von Mises eloquently explained why inflation undermines the free market economy.
Breaking
- Tesla shares slip below $1tn valuation as European sales slump by nearly half
- Bybit suffers £1.1bn crypto heist in largest alleged theft on record
- Secession: Why Redrawing US State Borders Makes Politicians So Mad
- On the Expansion of Executive Power: An Overview
- How MMT Advocates View Money and the State
- Educating for Liberty: Mises Circle in Tampa
- Licensing Boards: Still Brazen After All These Years
- The Chilling Effect: How Fear Drives Doctors Away from Pain Patients