Slash Military Spending: “Defense” Budgets are Bigger than Ever Before
Even though the Pentagon has failed seven audits in a row, defense spending is now 60 percent higher (in real terms) than its old Cold War peak.
Even though the Pentagon has failed seven audits in a row, defense spending is now 60 percent higher (in real terms) than its old Cold War peak.
Ryan and historian Christopher Calton take a look at why homelessness is rising and why politicians like California Governor Gavin Newsom are only making it worse.
It should be clear from the articles in this book that the Austrian School is thriving. Per Bylund has rendered a great service in bringing the scholarship in A Modern Guide to Austrian Economics to our attention.
There finally is pushback against Critical Race Theory that has infected higher education and most of our other institutions. Unfortunately, CRT concepts are so embedded in our body politic that the only way to combat them is through revisionist history.
In the aftermath of its recent election debacle, Britain's Conservatives have selected Kemi Badenoch as their new leader. Badenoch describes herself as an "adherent to Austrian Economics." Will it make any difference in Britain's future?
A central doctrine of the Keynesian system is the “liquidity trap” in which consumers hold money in anticipation of higher interest rates. The act of holding money allegedly promotes “underconsumption,” continuing the economic downturn. This doctrine, however, cannot withstand scrutiny.
William Rawle was a well-respected lawyer, legal scholar, an abolitionist, and a believer in the right of states to secede. He described this in A View of the Constitution of the United States of America, which many claimed to have read while at West Point prior to the Civil War.
Created as a sop to the teachers‘ unions, the Department has presided over huge declines in student academic performances and has played a vital role in politicizing formal learning at all levels.
The US went to war 83 years ago today with Japan‘s attack on Pearl Harbor. It ended with Japan‘s surrender after US bombers dropped atomic bombs on Hiroshima and Nagasaki. The myth lives on to this day that the bombs ended the war prematurely, saving millions of lives.
In the post-Civil War South during Reconstruction, federal troops attempted to impose their will in part by pitting recently-freed slaves against southern whites. The outcome was obvious, leading to more than a century of violent racial clashes, all the while strengthening federal power.
We're told that tariffs are going to do all sorts of great things. Mark Thornton sets the record straight.
Bob walks through diagrams from Hayek's famous LSE lectures to explain the Austrian view of the boom-bust cycle.
The Austrian School of economics traces its roots to the School of Salamanca in medieval times. The scholastics of Salamanca, in turn, were influenced by the canon jurists from the University of Bologna, demonstrating the rich and historic roots of Austrian economics.
Entrepreneurs come from all walks of life and from different social and ethnic groups. Lipton Matthews reviews Jean-Claude Escalante’s From Indentureship to Entrepreneurship, which chronicles the rise of a successful entrepreneur who came from humble beginnings.
Created as a sop to the teachers‘ unions, the Department has presided over huge declines in student academic performances and has played a vital role in politicizing formal learning at all levels.
In 1940, shortly after Nazi armies ran across Europe and conquered France, Ludwig von Mises and his wife, Margit, escaped to the US after a harrowing journey through hostile territory. Here is their story.
Modern “antiracist” historians have pursued the myth that the virtuous North engaged in warfare with the South in order to free slaves and end chattel slavery. The historical record, however, tells a much different story.
The Federal Reserve continues to be the not-so-silent partner to the government's reckless deficit spending scheme. While the Fed tries to force down interest, US bond yields are rising, as the markets recognize these bifurcated policies.
One of the fallacies of modern academic neoclassical economics is that we can take cardinal measures of value. Austrian economists, beginning with Carl Menger, know better.
The Federal Reserve says it can manipulate the money supply to ensure “price stability.” This worsens the boom-bust cycles and undermines the economy.