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Six lessons from the Austrian School of Economics

18 April 2024
Economic Theory

Six lessons from the Austrian School of Economics

Kristian Niemietz
18 April 2024
On 15 April, the IEA’s Editorial Director, Dr Kristian Niemietz, gave a talk entitled “Free-Market Schools of Thought” for the … Continue reading “Six lessons from the Austrian School of Economics”

Price is the only language that everyone speaks (Part 3)

11 January 2018
Economic Theory

Price is the only language that everyone speaks (Part 3)

Richard M. Ebeling
11 January 2018
Continued from Part 2   Regardless of which individual is “playing this role” in society, we anticipate each will act … Continue reading “Price is the only language that everyone speaks (Part 3)”

Price is the only language that everyone speaks (Part 2)

10 January 2018
Economic Theory

Price is the only language that everyone speaks (Part 2)

Richard M. Ebeling
10 January 2018
Continued from Part 1.   But if not under the commanding instructions of a central planner or government regulator, how … Continue reading “Price is the only language that everyone speaks (Part 2)”

The popular misunderstanding of the word “monopoly” (Part 2)

13 December 2017
Economic Theory

The popular misunderstanding of the word “monopoly” (Part 2)

Richard M Ebeling
13 December 2017
Continued from Part 1.   Reasons there may be a “single seller” in a market There are a variety of … Continue reading “The popular misunderstanding of the word “monopoly” (Part 2)”

Nine books to understand the collectivist right (Part 1)

6 September 2017
Economic Theory

Nine books to understand the collectivist right (Part 1)

Jeffrey A. Tucker
6 September 2017
The fast and furious rise of the alt-right in Europe, the UK, and the US has caught many people intellectually … Continue reading “Nine books to understand the collectivist right (Part 1)”

Why ‘thin gruel’ need not be a bad thing in politics

28 June 2017
Economic Theory

Why ‘thin gruel’ need not be a bad thing in politics

Bruno Prior
28 June 2017
Jeremy Corbyn described the recent Queen’s Speech as “thin gruel”. It didn’t “have enough meat for one year, let alone … Continue reading “Why ‘thin gruel’ need not be a bad thing in politics”

Only capitalism delivers true ‘People Power’. Everything else is just state power

23 May 2016
Economic Theory

Only capitalism delivers true ‘People Power’. Everything else is just state power

Robert P. Murphy
23 May 2016

Several anticapitalist slogans riff on the contrast between people and profit, and nobody thinks John Lennon’s song “Power to the … Continue reading “Only capitalism delivers true ‘People Power’. Everything else is just state power”

The simplicity of economic theory

24 March 2015
Economic Theory

The simplicity of economic theory

Fernando Herrera-González
24 March 2015
Economic theory is the science which tries to explain economic phenomena. Just as Newton observed an apple falling from a … Continue reading “The simplicity of economic theory”

Free Market Masters: Ludwig von Mises

11 November 2013
Economic Theory

Free Market Masters: Ludwig von Mises

11 November 2013
Ludwig von Mises was one of the greatest economists and political scientists of the twentieth century. He revolutionised the understanding … Continue reading “Free Market Masters: Ludwig von Mises”

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