Ebenezer Scrooge was not an admirable man. He was bitter, unfriendly, and thrifty beyond reason. The three spirits of ...

The focus is on individual human action makes Austrian economics unique, as well as logically valid and compelling. It is a ...

Libertarians generally agree that slavery violates libertarian principles, but how does one deal with the aftermath of ...

No macroeconomics or monetary theory course is complete without introduction of the Equation of Exchange, or MV = PQ. However ...

It is hard to find an article in the past century more influential in economic methodology than Milton Friedman’s “The ...

Perhaps John Maynard Keynes' best con job was convincing people that a growing economy needs inflation, lots of inflation. As ...

During a recent podcast, the woman who accused three Duke University lacrosse players of beating and raping her in 2006 ...

President-Elect Trump has been threatening tariffs against BRICS countries unless they abandon their plans to abandon the US ...

Britain‘s new Labour Government is doing what leftist governments always do: raising taxes on everyone, but pretending that ...

Social critics often tell us that capitalism is contrary to the true meaning of Christmas. In truth, markets and entrepreneurs work to make Christmas more joyous and comfortable.

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 other hand, said as long as gold is money and there is ...

Mainstream economists today examine economic phenomena from a “black box” perspective in which they look at inputs and outputs without trying to understand causal mechanisms that make the outcomes ...