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In The General Theory, J.M. Keynes allegedly “discredited” Say‘s Law. Of course, Keynes actually debunked a straw man that was a caricature of what Say actually wrote. It‘s time to set the record straight.

In May 2025, the Mises Institute will hold its next Mises Book Club, a program that promotes deep reading in Austrian economics.

If devaluing the currency was a real measure of competitiveness, Argentina and Venezuela would be the most competitive nations on the planet.

President Trump‘s recent assertions that the Fed should lower the discount rate puts him squarely in the middle of Fed politics and exposes the messy truth that the Fed is not an independent group of experts but rather a tool of the political system.

Central bank digital currencies are surveillance disguised as money.

Part of bringing up young children is to tell them stories and accounts about people who did the right thing, and how they made life better for themselves and others. We can do the same with describing economic concepts, which don‘t have to be dry and boring.

“The critical point was, again the Middle Ages, and there you had an adversarial position between the church and the state that was, in fact, crucial.”

American history classes typically teach that the original transcontinental railroad was a major triumph. What they don‘t say is that it was a product of corporate welfare that created economic problems later on.

Jonathan Newman joins Bob to explore the archaeological evidence for silver as money in ancient Mesopotamia, challenging Modern Monetary Theory and affirming Menger’s classic account of money’s market origins.