Politics
Mainstream economists want us to believe that money gains its value from state decrees. Yet, Austrian economists more than a century ago explained why...
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Colin Grabow Since the Trump administration waived the Jones Act on March 17 for energy products, fertilizer, and related inputs, the US Maritime Administration...
In this article from 1950, Murray Rothbard suggests some of the less bad ways of financing military operations. Hint: monetary inflation and taxing savings...
Both progressives and conservatives show a complete unwillingness or inability to distinguish between those who got rich by genuinely creating value by serving others...
Karl Marx not only misunderstood value and production, but he also was wrong about large-scale and small-scale property owners.
Mainstream economists want us to believe that money gains its value from state decrees. Yet, Austrian economists more than a century ago explained why...
Rising oil prices are ” forcing reevaluations of previous assumptions about US inflation and the Federal Reserve’s path for interest rates.”
The problem with this new campaign in Iran is not merely that it will likely have bad near-term consequences, but that it represents the...