Interventionism
What we have in mind when we talk about interventionism is the government’s desire to do more than prevent assaults and fraud.
Coming Dangers to Economic Freedom
Peter Lewin posted some very interesting commentary of Richard Epstein’s distinguished scholar lecture at on-going Southern Economics Association (SEA) meeting. I had the opportunity to hear Epstein several years ago at the Association of Private Enterprise Education meeting and hardily agree with Peter’s assessment that “To hear Epstein talk is awe-inspiring. Hard to describe.
Twinkies to the Twinkiemen!
This would have been a sad day for Murray Rothbard, who loved Wonder Bread (and often used it in examples, as he did here (PDF) and here (audio)). Hostess, the maker of Wonder Bread and Twinkies has folded, thanks to a nationwide strike.
Robbery by Subsidy
[The Bastiat Collection (2011); originally from the second series of Economic Sophisms (1848)]
The Fantasy Behind Marx’s Historical Materialism
[This article is excerpted from volume 2, chapter 12 of An Austrian Perspective on the History of Economic Thought (1995). An MP3 audio file of this chapter, narrated by Jeff Riggenbach, is available for download.]
German Gold
The greatest threat to worldwide prosperity is the complete collapse of what little remains of free-market capitalism.
A Golden Path: Reply to Professor Cochran
In no way was our essay intended to imply that central-bank control of gold-backed money was the point at which we desired monetary reform to cease.
Austrian Economics for High School Students
Recently a friend asked for recommendations of books suitable for instructing high school students in Austrian economics. He was already familiar with Henry Hazlitt’s classic Economics in One Lesson and David Gordon’s scintillating primer An Introduction to Economic Reasoning. I recommended two additional books for his consideration.
Ire and Ice: A Tale of Two PIIIGS
It was not the banks as such that caused the crisis but rather the boom-bust policies of the central banks of Ireland and Iceland.
Post-Sandy: A Man-Made Disaster
In a society in which economic law was widely understood, those who sought to prevent price gouging would be regarded as public enemies.
