So-called fair trade is the rage among elites who believe that it protects people in poor nations who would like higher prices for their exports. In reality,...
The simple tautology that individuals act is not trivial, despite what critics of Austrian economics might say. As Mises noted, human action is directly related to the...
The simple tautology that individuals act is not trivial, despite what critics of Austrian economics might say. As Mises noted, human action is directly related to the...
The Fed has owned no gold since 1934, when the Fed handed over all its gold in exchange for gold certificates.
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...
Published in July 1974, Murray Rothbard provides elite theory analysis of Watergate after the selection of Nelson Rockefeller as Gerald Ford’s Vice President.
The current trend in money-supply growth is a big turnaround from the many months of depression-level contractions we saw in 2022 and 2023.
The Lessons for the Young Economist video series is the antidote to public school economics education.
The problem for most Americans is that it is increasingly difficult to make ends meet despite record government spending, or because of its negative impact on inflation...