When the government wants to make something more affordable, that usually means new subsidies, laws, and regulations that drive up the real price. Higher medical prices will...
David Gordon comments on John Gray’s The New Leviathans, noting that Gray’s reasons for turning away from liberalism and free markets are based on fallacies.
Henry Hazlitt’s The Failure of the New Economics remains the best criticism of J.M. Keynes’ General Theory.
Today we are featuring the winning essays in the Student Essay Contest for undergraduates at the Austrian Economics Research Conference.
Today we are featuring the winning essays in the Student Essay Contest for undergraduates at the Austrian Economics Research Conference.
Unfortunately, the independent state militias in America were eventually replaced by the “National Guard” which is essentially now a reserve force for the federal government’s enormous standing...
The money supply has fallen repeatedly, year-over-year, but in recent months the total money supply has flattened out and deflation has disappeared.
The “AI” in our present real-world hype is nothing like the sci-fi “creatures” of film; AI machines are nowhere near conscious beings.