Ignore Economic Principles at Your Peril

Thoughts on a Free
Market Economy…

“Ignore
Economic Principles at Your Peril”

By
Phyllis Hunsinger

April
1, 2019

            The political climate today is overrun with proposals
that sound good to the uneducated; however, there is a cautionary tale to be
told.  Randomly promising free health
care for all, higher minimum wage, a guaranteed income for those unemployed or
unwilling to work, and forgiving student debts are just a few of the campaign
promises of many current day politicians.  
These goodies sound too good to pass up by the seriously uninformed
voters.  But just like you cannot defy
gravity, you cannot …

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Who is Ludwig von Mises?

Thoughts on a Free
Market Economy…

“Who
is Ludwig von Mises?”

By
Phyllis Hunsinger

March
1, 2019

Ludwig Heinrich Edler
von Mises was one of the most notable economists of the 20h century.

One of the fundamental
axioms he popularized was praxeology, which is the science of human action,
that is, that human beings engage in conscious or purposeful actions toward
chosen goals.

According to a
historical biography, Ludwig von Mises was able to demonstrate:

(1)  the expansion of free markets, the division of
labor, and private capital investment is the only possible path to the
prosperity of the human race;

(2) 
socialism would be …

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