Here is a chart on price changes on specific items between 1999 and 2009. What sense does it make to crush all of this data into a single "inflation rate"?
Today, Mises.org posts yet another excerpt from Murray Rothbard's magisterial History of Economic Thought. It is the sixth excerpt that Mises.org has published, and there are many more to come. Consider that this is only possible due to negotiations that the Mises Institute made with the original publisher, who had locked up this important set of books […]
Not only did Jean Buridan found the theory of money as a market phenomenon; he thereby took money out of the mystique of being solely a creation of the state, and put it on a par with other goods as a product of the marketplace. FULL ARTICLE by Murray N. Rothbard
If men do not grow in their knowledge of life and in their intelligent judgment of the rules of right living as rapidly as they gain control over physical resources, they will not win happiness at all. FULL ARTICLE by William Graham Sumner
Government's current ham-handedness -- with its bailouts, money printing, and rights violations -- has alerted more than a few individuals to do what comes naturally: defend themselves and prepare for the worst. FULL ARTICLE by Doug French