• We shall not take from the mouth of labour, the bread which it has earned. - Thomas Jefferson

Test Forum

We are currently upgrading our website

By Liberty Australia  
Sun, 07/12/2014 - 1:54am
Sun, 07/12/2014 - 1:54am

...

Mises Seminar 2013 videos are now online

By Liberty Australia  
Sun, 07/12/2014 - 2:10am
Sun, 07/12/2014 - 2:10am

The 2013 Australian Mises Seminar saw over 100 people gather in Brisbane, Australia for two full days of stimulating lectures on free-market economics & libertarianism.

Libertarianism in One Word

By Michael Conaghan  
Mon, 02/09/2013 - 12:23am
Mon, 02/09/2013 - 12:23am

An excerpt of Hans-Hermann Hoppe’s second talk at the Mises Seminar in Sydney:

Embedded Video: 

Inflation as measured by postage stamps

Price inflation is not the result of greedy businessmen, nor is it an inevitability of capitalism. In 99.9% of cases, nominal price rises (or prevention of price drops) are the result of actions taken by your own government.

Governments control money via central banking, fractional reserve banking and legal tender laws. Governments will simply create (i.e. print) the money required to fund their activities, taking value away from the money you hold. This is a hidden tax that big-spending politicians can blame on other people.

Other government policies also affect prices. For example, the first home-buyers grant raised the price of low-end housing such that the actual buyers saw no benefit. The change in postage stamp prices give us insight into what happens when the government's monetary inflation is combined with a government-created business monopoly.

 

4¢ – 1966
5¢ – 1967
6¢ – 1970
7¢ – 1971
10¢ – 1974
18¢ – 1975
20¢ – 1978
22¢ – 1980
24¢ – 1981
27¢ – 1982
30¢ – 1983
33¢ – 1985
36¢ – 1986
37¢ – 1987
39¢ – 1988
41¢ – 1989
43¢ – 1990
45¢ – 1992
50¢ – 2003
55¢ – 2008
60¢ – 2010

The Santa Claus Principle

By Ludwig von Mises  
Fri, 11/01/2013 - 9:24am
Fri, 11/01/2013 - 9:24am

The following is an excerpt from Human Action (1949) 

Govt. crowds-out private charity

By Anthony Coralluzzo  
Sat, 15/12/2012 - 12:46am
Sat, 15/12/2012 - 12:46am

News Limited reports...

US Professor Angrily Claims Stalin didn't murder?

By Anthony Coralluzzo  
Fri, 07/12/2012 - 1:30pm
Fri, 07/12/2012 - 1:30pm

 

Market Chosen Law

By Edward P. Stringham  
Wed, 05/12/2012 - 9:55pm
Wed, 05/12/2012 - 9:55pm

City housing supply at '100-year low'

By Anthony Coralluzzo  
Wed, 05/12/2012 - 4:20pm
Wed, 05/12/2012 - 4:20pm

Unsurprisingly, a report has found housing availability in Austr

Mencken's Conservatism

By Benjamin Marks  
Thu, 29/11/2012 - 10:01am
Thu, 29/11/2012 - 10:01am

Why did H.L. Mencken, the most eloquent and popular of libertarians, have the lowest of expectations for libertarian reform? One might think that grappling with this question would be a prerequisite of libertarian activism. [Buy a paperback copy of this book]