Kurt R. Leube

  The most important thing to remember is that inflation is not an act of God, that inflation is not a catastrophe of the elements or a disease that comes like the plague. Inflation is a policy. Ludwig von Mises  (1881-1973)   Take Away … when prices of goods and services rise monthly by over […]

  I set out to become the greatest lover in Vienna, the greatest horseman in Austria, and the greatest economist in the world. Alas, for the illusions of youth: as a horseman, I was never really first-rate. Joseph A. Schumpeter   Take Away Joseph A. Schumpeter is considered one of the most influential social scholars […]

  If it is the rule of the game that two persons may dispossess a third who must submit to being dispossessed, the rule is unjust. Anthony de Jasay Take Away Based on a solid epistemology, the main aim of Anthony de Jasay’s philosophical work was to reformulate political and economic liberalism. His writings offer […]

    For me the most beautiful word in the dictionary is ‘tariff’ and it is my favorite word   Donald J. Trump     Mercantilism Roughly by the beginning of the 15th century, Mercantilism began to replace the medieval ideas of Universalism and dominated economic thinking more or less to the end of the […]

    It is no crime to be ignorant of economics…But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance. Murray N. Rothbard   Take Away The lack of a prestigious academic base did not prevent Murray N. Rothbard from reaching a wide […]