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The late P.T. Bauer provided much insight into the issue of the so-called First World sending aid to Third World nations in the name...
This week on Friday Philosophy, Dr. David Gordon reviews The Price of Our Values by Augustin Landier and David Thesmar. While the authors claim...
Edwin S. Corwin in The President: Office and Powers, 1878-1957 has argued that the Constitution is a tussle for control between the executive and...
In the world of private enterprise, business owners pay attention to costs already incurred that cannot be recovered, also known as “sunk costs.” Government...
In The General Theory, J.M. Keynes allegedly “discredited” Say‘s Law. Of course, Keynes actually debunked a straw man that was a caricature of what...
In May 2025, the Mises Institute will hold its next Mises Book Club, a program that promotes deep reading in Austrian economics.
If devaluing the currency was a real measure of competitiveness, Argentina and Venezuela would be the most competitive nations on the planet.
President Trump‘s recent assertions that the Fed should lower the discount rate puts him squarely in the middle of Fed politics and exposes the...
Central bank digital currencies are surveillance disguised as money.
Part of bringing up young children is to tell them stories and accounts about people who did the right thing, and how they made...
“The critical point was, again the Middle Ages, and there you had an adversarial position between the church and the state that was, in...
American history classes typically teach that the original transcontinental railroad was a major triumph. What they don‘t say is that it was a product...
Jonathan Newman joins Bob to explore the archaeological evidence for silver as money in ancient Mesopotamia, challenging Modern Monetary Theory and affirming Menger’s classic...