Politics
Keynesian orthodoxy claims that the cause of recessions is a decline in so-called aggregate demand. Besides confusing cause-and-effect, Keynesians don’t understand that downturns are...
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Silver isn’t a “Giffen good.” It’s a case of shifting demand, not broken economics.
While Brazil calls itself a constitutional democracy that has a market economy, private property and markets themselves are subject to conditions set by the...
Understanding history is not about understanding formulas or narratives. Instead, we must understand the people who made history, their motives, and their goals.
Modern political economy is based upon a Machiavellian belief in might makes right. Yet, political power cannot accomplish what free markets and private property...
Keynesian orthodoxy claims that the cause of recessions is a decline in so-called aggregate demand. Besides confusing cause-and-effect, Keynesians don’t understand that downturns are...
Inflation is not just an economic phenomenon. It also undercuts the foundations of a civilization, leading to the breakdown of society itself.
Four interviews in one cut: gold’s whiplash, ballooning debt, and what it all means for your wallet.
Four interviews in one cut: gold’s whiplash, ballooning debt, and what it all means for your wallet.
Modern progressivism is based upon the notion of equity—equal outcomes. However, as Ludwig von Mises wrote, classical liberalism had its roots in liberty, which...
Roger Williams, the Baptist minister whose libertarian views ran afoul of the Massachusetts Bay Colony authorities, should be honored as one of this country’s...
Mainstream economists and others speak of the Consumer Price Index as the measure of inflation. Yet, the CPI is nothing more than a weighted...
“President Donald Trump’s once unquestioned grip on his MAGA political base is showing signs of strain as some of his supporters have started pushing...
When John Rawls published A Theory of Justice in 1971, he realized there were some loopholes that he tried to cover 22 years later...
Hegseth says he is making the Pentagon more war ready, but he’s “actually weakening all three legs of the Pentagon stool.” Article by Karen...