Contrary to mainstream thinking, the Austrian framework shows that it is the importance of various ends that determine the selection of goods by individuals. The means-end framework also shows that the prices of goods are not set mechanically by some kind of supply-demand curves but by the goal-seeking choices of individuals.
Chodorov's brilliant assessment of the State is a vital contribution both to historical understanding and to the defense of liberty.
What does Mises mean by saying, "The revolt against reason was directed against another target. It did not aim at natural sciences, but at economics"?
Books about libertarianism don't often make the mainstream radar screen.
A bailout is nothing less than a wealth transfer to those who made ill-advised credit decisions.
Adding more government intervention in virtually every aspect of our lives because politicians who oppose war call everything else a war, cannot stand up to careful examination.
The integrity of the scientific community will win out in the end, following the evidence wherever it leads. But in the meantime, the effect of the political climate is that most people are overestimating the evidence that carbon emissions are the main cause of global warming.
So long as we are talking about founding documents, the one that really deserves more attention is the Declaration of Independence. Now here is an inspiring document that shows us where we should go in the future!
The reason for high prices is increased scarcity. The way to solve that is to make it worthwhile for producers to increase supplies. Ease restrictions on new refineries and oil drilling, get rid of taxes on gasoline, and stop threatening to nuke Iran. That would solve the "crisis" very quickly.
In contrast to liberalism and its doctrine of the harmony of the rightly understood self-interests of all men, environmentalism alleges the most profound conflict of interests among people.
