Given a lack of meaningful information, Man is blind; he will seek instead to use his intuition, “instincts,” and naked assumptions to form an opinion. This is not wrong, per se; it is a natural reaction to seek to fill gaps in one’s knowledge. When the matter is of great importance, these opinions unfortunately will […]
What people today call inflation is not inflation, i.e., the increase in the quantity of money and money substitutes, but the general rise in commodity prices and wage rates which is the inevitable consequence of inflation. ~Ludwig von Mises
By Sean Dempsey, 07/20/25 Let no one say the following is allegory or invention. It is, I assure the reader, entirely true, having been performed not upon the floor of Parliament nor the pages of moralist tracts, but in a respectable laboratory, by a respectable scientist, using respectable mice. In the Year of our Lord […]
