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Title:Mises Institute

Description:The Mises Institute promotes teaching and research in the Austrian school of economics, and individual freedom, honest history, and international peace, in the

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Fetched At:November 18, 2025

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h2Does a Decline in “Aggregate Demand” Cause a Recession?

h2The Road to De-Civilization: Inflation and the Moral Erosion of Society

h2Roger Williams: Exemplar of America’s Soul

h2An Austrian Perspective on Equality

h2The CPI as Evidence of Methodological Error

h2A Rawlsian Trick

h2How Herbert Hoover Became Known as an Economic Non-Interventionist

h2Teradollar Deficits Forever

h2Plantation Ledgers and the Illusion of Capitalist Rationality

h2Yes, Heather Cox Richardson Is Economically Illiterate – And Proud of It

h2What Makes Economics Scientific?

h2Minor Issues, Major Conversations: Mark Thornton’s Four-Interview Roundup

h2Trump’s 50 Year Mortgage Mistake

h2Rethinking “Sticky Prices” and Monetary Disequilibrium

h2Economics for Beginners

h3Complexity: Liberty vs. Power

h3America: From Republic to Empire

h3Progressivism

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## Does a Decline in “Aggregate Demand” Cause a Recession?

Keynesian orthodoxy claims that the cause of recessions is a decline in so-called aggregate demand. Besides confusing cause-and-effect, Keynesians don't understand that downturns are the result of malinvestments made during the boom because of central bank interference in the economy.

11/17/2025 • Mises Wire • Frank Shostak

## The Road to De-Civilization: Inflation and the Moral Erosion of Society

Inflation is not just an economic phenomenon. It also undercuts the foundations of a civilization, leading to the breakdown of society itself.

11/16/2025 • Mises Wire • Michael Matulef

## Roger Williams: Exemplar of America’s Soul

Roger Williams, the Baptist minister whose libertarian views ran afoul of the Massachusetts Bay Colony authorities, should be honored as one of this country’s early libertarians.

11/14/2025 • Mises Wire • George Ford Smith

## An Austrian Perspective on Equality

Modern progressivism is based upon the notion of equity—equal outcomes. However, as Ludwig von Mises wrote, classical liberalism had its roots in liberty, which was undergirded by equality before the law.

11/14/2025 • Mises Wire • Wanjiru Njoya

Power & Market

The Nature of Hyperinflations: Response to Bagus

Jörg Guido Hülsmann

Congressional Republicans Must Stand Up to the President on Venezuela!

Ron Paul

What FDR Did to Our Money

Jacob G. Hornberger

Sorcerers of Demand

Roman Kireev

What Would Hayek and Mises Think about Mamdani?

Stephen Anderson

Notes in the Margin

MAGA infighting grows over H1-B visas. Pete Hegseth's reforms at the Pentagon may actually be undermining the usual military propaganda.Is the Israel Lobby starting to panic? Trump Says Walmart's Thanksgiving Meal in 2025 is "25% Cheaper" This Year. But It's Also Smaller.Trump promises $2k "stimulus" checks, but the numbers are bogus.

## The CPI as Evidence of Methodological Error

Mainstream economists and others speak of the Consumer Price Index as *the* measure of inflation. Yet, the CPI is nothing more than a weighted average of numbers put into an arbitrary formula. It is time to end this statistical charade for good.

11/14/2025 • Keith Wilkinson

## A Rawlsian Trick

When John Rawls published *A Theory of Justice* in 1971, he realized there were some loopholes that he tried to cover 22 years later with *Political Liberalism*. In this week’s Friday Philosophy, Dr. David Gordon exposes the intellectual futility of Rawls’ tricks.

11/14/2025 • David Gordon

## How Herbert Hoover Became Known as an Economic Non-Interventionist

One of the most enduring myths of American history is that Herbert Hoover was a *laissez-faire* advocate who “did nothing” while the US economy slid into depression. How did he gain this undeserved reputation?

11/13/2025 • Joshua Mawhorter

## Teradollar Deficits Forever

Neither Congress nor President Trump speak anymore about a balanced budget. Instead, the Republicans and Democrats compete with each other to see who can spend the most.

11/13/2025 • Vincent Cook

## Plantation Ledgers and the Illusion of Capitalist Rationality

The *New York Times* claimed in its 1619 Project that plantation slavery was the basis for American capitalism. However, research shows that the plantations were anything but capitalist enterprises.

11/13/2025 • Lipton Matthews

## Yes, Heather Cox Richardson Is Economically Illiterate – And Proud of It

History Professor Heather Cox Richardson has grown very wealthy using her writings to attack the creation of wealth itself. While her columns are popular, they also are filled with economic illiteracy.

11/12/2025 • William L. Anderson