Hazlitt Against Keynes on Unemployment and Wages: A Lesson for Modern Macroeconomics
Henry Hazlitt's The Failure of the New Economics remains the best criticism of J.M. Keynes's General Theory.
Henry Hazlitt's The Failure of the New Economics remains the best criticism of J.M. Keynes's General Theory.
Today we are featuring the winning essays in the Student Essay Contest for undergraduates at the Austrian Economics Research Conference.
The money supply has fallen repeatedly, year-over-year, but in recent months the total money supply has flattened out and deflation has disappeared.
Today we are featuring the winning essays in the Student Essay Contest for undergraduates at the Austrian Economics Research Conference.
Today we are featuring the winning essays in the Student Essay Contest for undergraduates at the Austrian Economics Research Conference.
Today we are featuring the winning essays in the Student Essay Contest for undergraduates at the Austrian Economics Research Conference.
A recent CNN broadcast claimed that deflation was bad for the economy and that we need to adjust to higher prices. As usual, the journalistic “experts” got it backward.
As the official government in Haiti loses control, many are calling it a failed state. Crises like this are often evoked to discredit libertarians. But blame for Haiti’s current plight lies with the actions of states, not the absence of them.
The dollar has lost one-fifth of its value in just four years. This has been devastating for many savers and for those on fixed income.
Congress and the courts have eviscerated the Constitution to empower police dogs. The injustices are massive, but the authorities don't care.