Politics
Bob lays out California’s proposed 5% wealth tax on billionaires, using it to explain why taxes on wealth are especially destructive, how different tax...
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Roger W. Garrison, a leading Austrian macroeconomist, has passed away.
Iran escalation, fragile debt markets, and gold flashing warning signs. Mark Thornton explains why this bubble won’t end gently.
The revival of Austrian economics had roots in the Circle Bastiat group that met in New York City in the 1950s, among them Murray...
Rothbard’s view of the international system is built upon his consistent view of the state as a coercive institution run by a self-interested ruling...
Bob lays out California’s proposed 5% wealth tax on billionaires, using it to explain why taxes on wealth are especially destructive, how different tax...
From the Jacksonians to the Marxists, political theorists have understood that there is something unique about “small industry” between big business and propertyless workers.
Ludwig von Mises’s first major work was The Theory of Money and Credit in which he explained the role of money in the economy...
Ludwig von Mises’s first major work was The Theory of Money and Credit in which he explained the role of money in the economy...
Why does such a strong love of freedom appear both among towering intellects and among those of far more modest cognitive means?
The Civil Rights Act, first passed in 1964, is falsely connected with freedom. In reality, this law severely restricts individual liberty and replaces it...
Mainstream economics and finance theories hold that markets immediately adjust to new information. While market prices do reflect available information, the Efficient Market Hypothesis...
From the Jacksonians to the Marxists, political theorists have understood that there is something unique about “small industry” between big business and propertyless workers.
We now live in a fundamentally altered landscape where old certainties no longer confer fitness.
The boom-and-bust cycle isn’t limited just to so-called advanced economies. It also has become a way of life in the economies of tropical countries...