Economics

Russia’s Interesting New Oil Geopolitics

26.09.2017

Since the 1928 Red Line Agreement between British and French and American oil majors to divide the oil riches of the post-World War I Middle East, petroleum or more precisely, control of petroleum has constituted the thin-red-line of modern geopol

The Austrian Approach to Economic History

26.09.2017

It is safe to assume that most of the readers of Mises UK are not admirers of the Marxist historiographical school, and the defects and inadequacies of Marxian reconstructions of the past are by now well-known, even though a large percentage of ac

THE QUALITY OF MONEY

02.08.2017

What is the purpose of money? Where does it come from? Inequality generates trade and specialisation creates the need for money .