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Textbook Definitions of Economics: An Informal Survey

EducationOther Schools of Thought


The fundamental divide between Austrian economics and the mainstream is apparent on the first page of many textbooks, in which the authors simply define economics.

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Rothbard on Economic Ignorance

EducationFree MarketsAustrian Economics Overview


I’ve noticed that the following Rothbard quote tends to circulate periodically amongst free-market groups:

“It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a ‘dismal science.’ But it is totally

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How the West Poisoned the Mind of the East

EducationGlobal EconomyWorld History

Europe and America did not cause the plight of the underdeveloped nations, but they have prolonged its duration by implanting in their intellectuals the ideologies which are the most serious obstacle to any improvement of conditions. The socialists and interventionists of the West have poisoned...

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Black Markets in School Cafeterias

Big GovernmentEducationHealthInterventionismPrivate Property


Congress and the First Lady teamed up to impose the Healthy, Hungry-Free Kids Act on school children across the country, but news of unintended consequences abound.

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New Audio Book: Richard Cantillon's An Essay on Economic Theory

EducationAustrian Economics Overview


One of the most important books ever written is now available as a free Mises Institute audio book.

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US Fedgov's Biggest Asset? Student Loans.



Student loans may be a liability on the consumer balance sheet, but they constitute an asset for Uncle Sam. Just...

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Public High School Is A Failure

EducationTaxes and Spending


Over at Mises Canada, I address the question of why college tuition has increased by so much over the past few years. Turns out it might not have anything to do with the University system itself,...

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Mises University Graduates

EducationAustrian Economics Overview


On my recent trip to the Oxford Union debate in the UK I had the good fortune to be able to attend a lecture by Ben Powell at the Adam Smith Institute in London.

Ben attended Mises University in 1999 and 2000 and now teaches economics at Texas Tech University where he is also Director of...

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Can You Get College Credit for Attending Mises University?



According to this Mises U alum, Mises U experience can be applied to some degree programs:

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Economics at Troy University



Many young people want to know what has caused this ongoing economic crisis and many are looking for places to study Austrian free market economics. One University that is often overlooked is Troy University. Its faculty contain several...

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