economic models

  ABSTRACT This paper summarizes the stabilization plan implemented by Javier Milei in Argentina between December 2023 and April 2026, while also outlining expectations for the remainder of his term in office. The plan includes “three anchors” (fiscal, monetary, and exchange-rate), along with the deregulation process and the structural reforms that gained momentum during the […]

  The following series of articles presents the Austrian School of economics, 1000 words at a time. Nine economists. Twenty-seven articles. One coherent tradition that the establishment has been trying to ignore for 150 years. They were right. Article 6/27 Vienna. 1919. The Austro-Hungarian Empire has just collapsed. The war has been lost. The old order […]

  And why does it feel like common sense the moment you see it? The economists who run central banks have been wrong about almost everything for the past fifty years. The inflation they said wouldn’t happen — happened. The recessions they said they’d prevent — happened. The stimulus that was supposed to kickstart growth […]

Left critics blame capitalism for what cronyism does. Right critics blame immigrants for what criminals do. The logic is the same — and it’s wrong in both cases.   Political debate has a remarkable capacity to produce mirror-image errors. Thinkers on opposite ends of the spectrum, convinced they have nothing in common with their opponents, […]

  “Es ist nicht nötig, die Lehre vom Wert, wie sie sich bei Marx findet, weiter zu verfolgen. Was bisher angeführt wurde, genügt, um die Stellung zu kennzeichnen, welche Marx in der Geschichte der Wertlehre gebührt. Diesbezüglich wird man nicht zu verkennen vermögen, dass, so radikal und weitgehend Marx in seinen praktischen Lehren sein mag, […]