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  Philipp Bagus (ES/D) is a native of Germany. He earned his M.A. at the University of Münster (D) and his Ph.D. in economics at the Universidad Rey Juan Carlos in Madrid (ES), where he is currently teaching. Prof. Bagus specializes in Austrian Economics, focusing on monetary and business cycle theory. He is co-editor of […]

  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 […]

  Geographically, Europe is a peninsula at the western end of the vast Eurasian landmass. It is also part of the Atlantic region, where easy shipping across the ocean has fostered connections between Europe and America. Thus, the old continent is closely linked to both East and West. Its close neighbor to the south, Africa, […]