Politics
This week, interest rates spiked as Trump’s spending problem convinced investors they want higher yields for trillions of new federal debt.
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This week, interest rates spiked as Trump’s spending problem convinced investors they want higher yields for trillions of new federal debt.
Mark Thornton reflects on the persistent misconceptions about capitalism in America and offers up a “Marxist interpretation” of our dilemma.
Why do cultures degenerate? Robin Hanson cites biological factors, but Mises and the Austrians point directly to purposeful choices.
France is facing critical shortages of a number of drugs, and one need look no further for a cause than a price control regime....
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Profits aren’t immoral—they’re necessary. Just as organisms need a net energy surplus to live, societies need profits to sustain themselves.
The welfare state is supposed to signal the existence of the “compassionate” society that provides care for all. However, this “compassion” has resulted in...
Why do mainstream economists suddenly think clearly when it comes to tariffs—but abandon logic elsewhere? Mark Thornton unpacks why even Krugman and Marx agree...
This is a rendition of Leonard Read‘s famous, “I, Pencil,” but with a new twist: tariffs now restrict the importation of producers‘ goods needed...
People claim to support “equal opportunity” over the idea of equal outcomes, but when one examines both concepts, it becomes obvious that neither is...
Trump has tried to claim that he favors “Main Street over Wall Street.” Unfortunately, by pushing aggressive low-interest-rate monetary policy, Trump has put himself...
As Trump challenges Powell and the Fed’s authority, Dr. Joe Salerno joins Bob to dive into whether “central bank independence” really protects the economy—or...
While focusing on the Holocaust, people often forget the economic fallacies of the Third Reich. Hitler‘s policies were based upon socialism and state control,...
Dr. Gordon reviews Quinn Slobodian‘s latest book trashing the Austrians, especially Murray Rothbard. Not surprisingly, Slobodian shows little understanding of the Austrians and economic...