As the Federal Reserve manipulates the money supply and interest rates, the yield curve becomes a less reliable indicator of economic activity. The more the Fed plays...
While F.A. Hayek was a promoter of liberty, his work nonetheless often failed to acknowledge just how predatory the state really is. Murray Rothbard understood that the...
Legislating against unfairness in order to achieve “equal” outcomes is like legislating against the wind. While government has little control over outcomes, its predations can make those...
In September 2024, undergraduate students will have an opportunity to participate in the Fall Mises Book Club, a program that promotes deep reading in Austrian economics.
The Fed for many years has manipulated the money supply in order to attempt to keep interest rates below market levels. At some point, however, the market...
Murray Rothbard once wrote that egalitarianism is a “revolt against nature.” Egalitarianism also can be likened to a superstition, a belief that has no basis in truth.
Whether a state is “conservative” or “progressive,” politicians love to interfere with pricing mechanisms. Texas politicians have decided their wisdom can replace a market pricing system in...
Rate cuts do not signal a healthy economy but a slowing one, so equities slump despite the promise of a rate cut because investors continue to see...
Inequality is inevitable and there are many reasons it exists. However, by declaring that racial discrimination is the primary cause of inequality is to substitute egalitarian ideology...