Essays & News

  This material was published as part of our “Publish with Us” series.  Abstract This article examines the economic costs of inflation from the perspective of the Austrian school of economics, emphasizing its redistributive effects, distortion of relative prices, and disruption of economic calculation. Inflation redistributes wealth, benefiting early recipients of new money while disadvantaging […]

  They charge us, we charge them, we charge them less. So how can anybody be upset? They will be, because we never charged anybody anything. But now we’re going to charge. Donald J. Trump   In a rather pompous fashion, with great fanfare and with his most loyal entourage attentively sitting in the audience, […]

  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 […]

  Through carelessness and a lack of caution, a reporter from The Atlantic was inadvertently granted access to a Signal chat for high-level American officials by United States President Donald Trump’s national security advisor, Michael Waltz. Among the select participants were Vice President J.D. Vance, Secretary of State Marco Rubio, Secretary of Defense Pete Hegseth, CIA Director […]

  Mit dem gänzlich unerwarteten Tod Michael Kastner’s (März 17, 2025) haben die deutschsprachigen Vertreter der Austrian School of Economics einen ebenso liebenswerten Freund, wie mutigen und verlaesslichen Unterstuetzer der Ideen der österr. Schule verloren. Michael’s typischer Humor war sehr geschätzt, sein bedingungsloser Einsatz für den Liberalismus war ein Vorbild. Michael Kastner’s ‘buchausgabe.de’ war nicht […]