Politics
Many economists argue that the economy is growing, and that inflation is a secondary problem. Not for the average American. Citizens are poorer in...
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For most Americans, the debate is about what size the welfare state should be. Austrian economists, however, ask why there should be a welfare...
Mainstream economists claim money has purchasing power because the government issuing the money has so declared. That makes no sense.
Contrary to mainstream economists, credit expansion that is not backed by real savings leads ultimately to an economic downturn.
Political and academic elites have successfully convinced the public that they should fear private enterprise. However, people really should fear an out-of-control government.
Many economists argue that the economy is growing, and that inflation is a secondary problem. Not for the average American. Citizens are poorer in...
Remember when inflation was “transitory”? Or when Paul Krugman claimed inflation was “under control”? The numbers keep telling us a different story.
As progressives attempt to redefine racism to fit modern political fantasies, we need to look at historical examples of ethnic discrimination to better understand...
Private property rights are under fire by progressive elites — even as those same elites protect their own property fiercely. But without these rights,...
People often stubbornly hold to false beliefs, one of them being that government regulation of driving prevents chaos. However, the opposite seems to be...
Individual rights originated in Western thinking. Today, it is the West that produces the ruling class that disdains individual rights and replaces them with...
While conservatives and followers of Austrian economics often have much in common, many conservatives are against free trade and free exchange. Austrians need to...
The New York Times recently characterized House Republicans that voted to extend government domestic spying and continue to fund wars in the Middle East...
Economists use time preference to explain the existence of interest, but the ability of people to postpone some present consumption in order to save...