Where there is no business at all, business can be neither good nor bad. There may be starvation, and famine, but no depression in the sense in which this term is used in dealing with the problems of a market economy.
Jason Morgan reviews John Sagers' book on Shibusawa Eiichi, often called the "father of Japanese capitalism." Was Shibusawa truly a capitalist, or just a "crony capitalist"?
In much of America, the New Deal was run by a small number of very powerful political bosses.
Austrian economics diverges in several important ways from that followed by our colleagues in the mainstream of the profession.
People often flirt with the idea that we need a little bit of fascism — but only on the side of God and democracy.
The great boon of human freedom experienced in earlier decades has, in the long record of thousands of years, been enjoyed by a mere fraction of the people and for only a brief moment in history
Andy Duncan joins Jeff to review an overlooked classic by Mises:The Anti-Capitalistic Mentality.
One of the most brilliant and forceful attacks on Cold War foreign policy in the postwar era came from the pen of the veteran free-market publicist Garet Garrett, in his pamphlet “The Rise of Empire.”
In every administration, the tools of inflation, borrowing, taxation, and regulation are used to transfer wealth from the people to the government.
In the words of Henry Hazlitt, "ideas which now pass for brilliant innovations and advances are in fact mere revivals of ancient errors."
