Prices

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Do Austrians Really Reject Empirical Evidence?

PraxeologyPrices

Blog03/28/2018

Statistics and empirical data aren't ignored by Austrians. Rather, they are relegated to their proper place in the economic edifice.

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Measuring the Global ECONOMIC Temperature

Booms and BustsThe FedGlobal EconomyBusiness CyclesPrices

Blog03/02/2018

Here are two ways to gauge the strength of the world economy.

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Did Hayek Really Say that Free Markets Make Consumers Better Informed?

Prices

Blog01/12/2018
The price system conveys the relevant information about the supply and demand for different goods on the market to help consumers better economize.

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Are Crude Oil Prices Becoming Immune to Geopolitics?

Global EconomyPrices

Blog01/11/2018
It no longer seems to be the case that a few countries can control oil prices. In other words, cartels are being even less influential in oil markets.

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School Vouchers Are Basically Food Stamps

Taxes and SpendingPrices

Blog01/04/2018
Governments already use vouchers in many areas, including food and housing. Fortunately, those vouchers only go to a small portion of the population.

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The Myth of Insufficient Demand

Business CyclesPricesValue and Exchange

Blog12/30/2017
The more goods that an individual can produce the more goods he can demand, and thus acquire.

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Consumers Are Smarter than Bureaucrats Think

PricesSubjectivism

Blog12/23/2017
The government doesn't think you can make good choices voluntarily. So it's happy to step in and force you to make "better" choices.

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Free Parking Isn't Free

InterventionismPrices

Blog12/21/2017
The number of parking spaces in your city may be a matter of centrally-planned government mandates. It's time to give the market a chance.

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No Neutral Ground: The Problem of Net Neutrality

Bureaucracy and RegulationPrices

Blog12/13/2017
If one likes the internet's remarkable evolution to this point, it seems odd to assert that now is the moment to freeze it through government action.

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Net Neutrality and the Problem with "Experts"

Calculation and KnowledgePrices

Blog12/11/2017
Supporters of net neutrality imagine that if we can only get the "right" group of people, a tiny handful of "experts" can govern the internet.

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