The Austrian

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Sound Economics in a Confused World

The FedInterviewsMonetary PolicyStrategy

02/15/2022The Austrian
If you’re in trouble, you stop spending on frivolous stuff and you save. It applies on a personal level; it applies on a national level. But the fiat world just flips all of this on its head.
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The Befuddling World of the Antieconomist

Book ReviewsSocialism

12/02/2021The Austrian
One of the darlings of the left's intellectual brotherhood gives us a look into the state of intellectual affairs therein. Piketty expounds "there is no universal law of economics: There is only a multiplicity of historical experiences and imperfect data.” Piketty is what Mises calls an "...
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All the Trouble in the World: The Ron Paul Doctrine


12/01/2021The Austrian
McAdams discusses what a Ron Paul doctrine for economics and foreign policy would look like. It would be laissez-faire at home, self-determination for political minorities up to and including secession, free trade, and a strictly noninterventionist military approach.
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The Sovietization of America


11/03/2021The Austrian
Maltsev says, a goal of the Marxists is the secularization of America, which is a necessary step toward establishing a communist state—the perfected state of mankind.
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The Battle over the Free Market

Free MarketsSocialism

11/02/2021The Austrian
Wapshott has made a career of writing about the clash between economists who favor the free market and those who support a "mixed economy." But he shows his heart by saying that in emergencies, government must supplant the market.
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The Illusion of American Exceptionalism

U.S. History

09/09/2021The Austrian
Bacevich criticizes the outsized role of American intervention overseas, but he goes a step further and questions the old conventional narratives too, going all the way back to World War I.
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The Absolute State of Money in 2021

Business CyclesMonetary TheoryMoney and Banking

09/08/2021The Austrian
In this interview with Jeff Deist, Dr. Murphy gives us a succinct lesson in the history of money, business cycle theory, and on the origins of monetary inflation.
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The Value of Taking Risks

Media and CulturePhilosophy

07/10/2021The Austrian
Wittgenstein one said, “If people did not sometimes do silly things … nothing intelligent would ever get done.” This notion is important in understanding the benefits and realities of entrepreneurship and risk taking.
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Matt Asher Talks to Jeff Deist about the Reality of Postcovid America

Big GovernmentMedia and Culture

07/01/2021The Austrian
There is a silver lining to the covid crisis—namely the breakdown of centralized political authority. The possibility for radical political realignment presents us with both uncertainty and opportunity.
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The State of Modern Economics


05/06/2021The Austrian
In the last ten to twenty years, there’s been a real shift in mainstream economics—both micro and macro—away from theory and toward what you might call atheoretical inductive empirical work. This is not for the better.
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