I’m An Austrian Economist: What Does It Mean?
In addition to being a libertarian in political philosophy, I am also a member of the Austrian school of economics.
In addition to being a libertarian in political philosophy, I am also a member of the Austrian school of economics.
The European Union at present is undoubtedly at a crossroads. The economies which were once reckoned as strong pillars of the EU are now on the verge of an erosion. Economists had given several warnings on the soaring debt issues in many EU economies following the financial crisis in 2008. The EU’s nightmare began with the economic breakdown of Greece in 2015.
Dirty Jobs’ Mike Rowe does not pull punches when it comes to tearing down conventional wisdom in professional advancement.
Rowe has had choice words for the university system and how it has kept Americans ill-prepared for the real world. One of the greatest insights that Rowe has shared with many Americans disillusioned with their professional prospects is to look the other way in the blue-collar sector for lucrative opportunities.
In the old Soviet Union, the Communists allegedly used1 the term “useful idiot” to describe Westerners whose naïve political views furthered the Soviet agenda, even though these Westerners didn’t realize that they were being exploited in such fashion.
There is a disproportionate buzz about the newly signed Florida legislation that allows its school districts (each at its own discretion) to authorize concealed carry of firearms by teachers in their schools.
The increasingly erratic trade tensions between the United States and China does not appear to be ending anytime soon. The US president affirms that the deficit in the current-account between the two countries will soon come to an end and attributes the deficit to the Chinese competing unfairly.