Politics
Can an increase in the supply of gold cause a boom-bust cycle? Mises believed it was theoretically possible but highly unlikely. Rothbard, on the...
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Can an increase in the supply of gold cause a boom-bust cycle? Mises believed it was theoretically possible but highly unlikely. Rothbard, on the...
Mainstream economists today examine economic phenomena from a “black box” perspective in which they look at inputs and outputs without trying to understand causal...
Rent control always results in housing shortages and deteriorating housing stock. Governments and activists, unfortunately, never learn any lessons.
We have reached this point: the government keepers of money do not even understand what money is or why inflation is harmful. To them,...
Even though DEI (Diversity, Equity, and Inclusion) has been taking a beating with some state legislatures, it still has a corrupting influence, especially in...
With Europe moving toward conflict in 1938, a number of economists and other intellectuals met in Paris to try to revitalize liberalism. Ludwig von...
Contra Marx, the laws of economics are immutable and are the same no matter what historical epoch exists. Economies cannot flourish unless market prices,...
Contra Marx, the laws of economics are immutable and are the same no matter what historical epoch exists. Economies cannot flourish unless market prices,...
A common belief among economists is that the central bank determines what interest rates should be. But is that accurate? Indeed, there is more...
One sign of a fraying society is that its laws increasingly become political tools. The latest round involves Democrats trying to use criminal law...
While the US Constitution made the US a large free trade zone, prohibiting states from erecting trade barriers against each other, it also empowered...
When the bankers called for a central bank in the US, they claimed to only want a way to stop bank runs. It turns...
John Maynard Keynes is the best-known economist from the 20th Century, that not being a good thing. At least he was more famous for...