Six hundred years before Carl Menger wrote his Principles, Thomas Aquinas was writing about the role of subjective valuation in economic exchanges. His work helped lay the...
From the Middle Ages to Rousseau to the Industrial Revolution to Trotsky, historian Ralph Raico provides a refreshing free-market analysis of political thought.
International organizations like the EU and UN are creations of states and serve the states’ elites. We can’t “improve” them or make them more “efficient.”
Belief in the fairy tale known as Modern Monetary Theory not only is endemic in US academic and government circles, but is also making headway in Great...
By their nature, free markets promote harmony between people and increase overall standards of living. This view is radically different from the ones promoted by Marxists who...
Boom, bust, repeat. The Fed fuels bubbles, and now we’re watching them pop. Mark Thornton joins Scott Horton to dissect the economy’s next moves.
This episode explores the economic implications of deflation, debunking the mainstream fear that falling prices cripple economic growth.
Abraham Lincoln is best known for his role as a wartime president, but his economic policies were a precursor to the New Deal. From railroad subsidies to...
Thanks to the reckless policies of the Federal Reserve, businesses are now facing the realities of an economy ravaged by inflation. Look for more signs that say...