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tracy

The Economics of Destutt de Tracy

4 hours agoMises Daily Articles
Tracy's deductive methodology, his liberal approach to governmental affairs, and his subjectivism qualify him as a proto-Austrian economist who enjoyed considerable influence not only in France but also around the world.
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Governments Will Impose New Lockdowns If They Think They Can Get Away with It

Blog5 hours ago

If lockdowns now seem to be receding, it's because policymakers fear another round of lockdowns would be greeted with resistance rather than obedience.

1920: The Crash That Cured Itself

Blog7 hours ago

The “forgotten depression” can still teach us important lessons: that the interventionist and spendthrift state is often more part of the problem than it is of the solution.

"Monopoly" Is No Excuse for Government Intervention

Blog09/16/2020

In an unhampered economy, monopoly is not a framework distinguishable from “pure” competition. In fact, inefficient monopolies arise only in case of government interventionism.

The Saving Problem in America: Alternatives and Reforms

Blog09/15/2020

Savings are the foundation for a productive and advanced economy. Unfortunately, governments insist on policies that make it harder for ordinary people to save.

What the Trade Balance Means for a Currency's Purchasing Power

Blog09/15/2020

Since the trade balance has nothing to do as such with either the supply of money or the demand for money, we can conclude that trade balances do not determine the purchasing power of money of respective countries.

Comparing Latin America's Economic Models: Left vs. Right

Twenty-first-century socialism, which has been so popular in Latin America for many years, has failed in a way that mirrors the failure of twentieth-century socialism in other parts of the world.

Another Kind of Liberalism

09/14/2020Mises Daily Articles

Raico stresses that there was another tradition within classical-liberal thought, one that recognized the interdependence between religion and liberty.

Human Action Was Published on This Day in 1949

09/14/2020Power & Market

Ludwig von Mises's Human Action was published on this date in 1949. Thanks to our generous donors, the indispensable ideas in this book are more widely accessible than ever before.

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