Saving, Trade, and the Confidence Fairy
Here we see the huge gulf between Austrian and Keynesian analysis.
Other Schools of Thought
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The Civil War Tariff
The high duties which the war caused to be imposed, at first regarded as temporary, were retained, increased, and systematized.
Was the Space Shuttle Worth It?
What is the opportunity cost of the government's spending? All those resources used for the shuttle program had to come from somewhere. It is impossible for a government to make the vital calculations of costs and benefits.
Subsidized Grief
Why do some deaths garner presidential visits and — more importantly — taxpayer dollars for rebuilding and memorializing, while others do not?
A Libertarian Case for Monarchy
As an exercise, I'll contend that constitutional monarchy can better preserve people's freedom and opportunities than democracy as it has turned out in practice.
My Nobel Prize
The "knotty problems" Gold describes are just the failure of the theories of Keynes and Friedman to adequately explain the recession of 2008 and plot a proper course out of the downturn.
The Euro: Its Inevitable End
The political project of the euro is in deep trouble. Governments have pledged three-quarters of a trillion of our euros to put out the debt-crisis wildfire, yet interest rates on troubled sovereign debts are even higher than before the announcement of the bailout.
Revisiting the Anthrax Crisis
Bruce Ivins had the skill, the opportunity, and the motives to single-handedly produce the crisis that the state needed.
Lying about Libya
Is the US-NATO war in Libya all about "protecting civilians"? Apparently not.
India’s Great Free-Market Economist
Bellikoth Ragunath Shenoy was born in 1905 in the village of Bellikoth, near Mangalore, in the southern Indian state of Karnataka. He became a hugely influential proponent of Hayekian theory and policy. He is sadly neglected today.
