Volume 8, Number 2 (1987) From the time of its formation in 1839 until the repeal of the corn laws seven years later, the Anti-Corn-Law League agitated virtually without interruption for the total and immediate repeal of those laws which restricted by high import duties the importation of foreign grain into Britain. Headed by prominent northern
The United States emerged with a superior technology early in the nineteenth century. British customs officials confiscated shiploads of American clocks and other products as a violation of British anti dumping laws. They discovered, however, that the low prices on American clocks reflected lower costs of production because of the machine
The business cycle refers to fairly broad changes in economic activity according to a well-identified sequence, which includes a boom, a crisis, a period of stagnation, and then a new expansion.1 This sequence tends to repeat itself; but neither the length of the cycle, nor the intervals between cycles necessarily follows a regular time pattern.
Volume 17, No. 4 (Winter 2014) KEYWORDS: John Maynard Keynes, marginal efficiency of capital, net present value, interest rates, central banking JEL CLASSIFICATION: E12, E22, E52, In his recent article, Edward W. Fuller (2013) compared the Keynesian Marginal Efficiency of Capital approach with the Austrian Net Present Value approach. While his
Journal of Libertarian Studies 15, no. 3 (Summer 2001) And the taxpayer, not content with thus ruining political science, added insult to injury by damning all its chief ornaments as thieves, and by swearing that he would never let them rook him again. His bellow was now for the most rigid economy, and he swore that he would have it if the heavens
Journal of Libertarian Studies 15, no. 3 (Summer 2001) And the taxpayer, not content with thus ruining political science, added insult to injury by damning all its chief ornaments as thieves, and by swearing that he would never let them rook him again. His bellow was now for the most rigid economy, and he swore that he would have it if the heavens
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.