Politics
In a world characterized by genuine uncertainty rather than mechanical predictability, analytic reasoning provides a form of epistemic certainty that empirical observation alone cannot...
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Can silver be called a Giffen Good? Probably not, although that fact doesn’t discourage some from looking for the equivalent of a unicorn in...
Under Knightian uncertainty, how do entrepreneurs persuade others to join their projects?
Are rising oil prices responsible for inflation? While some economists and many in the media make that connection, the reality is much different. Inflation...
The country that is losing generally does not reject ceasefire proposals. Meanwhile, Iran demands an end to the Israeli war on civilians in Lebanon,...
In a world characterized by genuine uncertainty rather than mechanical predictability, analytic reasoning provides a form of epistemic certainty that empirical observation alone cannot...
To call Trump’s actions king-like is to greatly understate the problem. What we actually face is a massive, self-amplifying executive branch that makes deranged...
The process of naturalization is a government-created “right” with no basis in property rights. In other words, there is no libertarian case for birthright...
Marx built part of his system on the belief that capital would create the “great reserve army of the unemployed,” and modern Marxists have...
Paul Schroeder (1927–2020) was generally regarded as the greatest American diplomatic historian specializing in Europe: The Transformation of European Politics, 1763–1848.
The Walmart Recession Signal (WRS), which measures Walmart’s stock price against a basket of luxury stocks, shows high risk of a sharp economic downturn.
“…the power of the state expands and the liberty of the citizen contracts.”
The ongoing destruction of the world’s largest natural-gas reservoir at South Pars and Qatar has produced exactly what Austrian economics predicts: sudden, irreplaceable capital...
On May 28th, the 10th annual Austrian Economics Meeting Europe will be held at Western Catholic University in Angers, France.
As government lurches from one crisis to another, people demand the government fix the problems it causes. Maybe we need to rethink the “government...