People apparently are not supposed to fret that gas is relatively more expensive, writes Robert Murphy, because in an absolute sense, it is still cheaper than other commodities. Well, this leaves out a rather important fact.
When pro-inflation economists try to argue that inflation does not merely have redistributive effects, but can actually increase total production o
Recorded at the Austrian Economics and Financial Markets conference at The Venetian Hotel Resort Casino, Las Vegas, 02-19-2005
Recorded at the Austrian Economics and Financial Markets conference at The Venetian Hotel Resort Casino, Las Vegas, 02-19-2005
Recorded at the Austrian Economics and Financial Markets conference at The Venetian Hotel Resort Casino, Las Vegas, 02-18-2005
In a true free-market secured to private property rights, writes Ninos Malek, employers can determine employee qualifications on any grounds whatsoever.
Current monetary policy, writes Frank Shostak, is based on a theory of Knut Wicksell. How does Wicksell stack up to Mises?
The recent report on personal income and spending showed a full 3.7% increase i
It is an error to believe that prosperity correlates directly and positively with consumption spending, writes Vlad Menshikov.
