The Unseen Costs of the Minimum Wage
Supporters of minimum wage hikes claim they have little or no effect on employment, the law of demand makes it clear the effects of price controls
Supporters of minimum wage hikes claim they have little or no effect on employment, the law of demand makes it clear the effects of price controls
The NCAA ensures there is no functioning job market for athletes and no competition to which students might go seeking higher pay, writes Andrew Sy
In a free market, entrepreneurs profit by providing something of value that people will voluntarily purchase, writes Hans-Hermann Hoppe.
Jeff Deist and David Howden discuss the history of banking in America before 1913 and the entanglements of the Federal Reserve.
Supporters of government interventions like minimum wages. Careful analysis reveals another story, however, writes Kenneth Zahringer.
Political consultants and mainstream reporters are fixated on electoral politics, as if no other form of societal change were conceivable, writes L
Politicians and the mainstream media have faith in the central banks to manipulate and manage the global economy.
Austrian economists have been wrongly accused of many intellectual crimes when it comes to fractional reserve banking.
There’s a lot of exciting work being done in the field of literary studies, which isn’t usually known for its sound economics, writes Matt McCaffre
Elizabeth Warren outlines 11 Commandments of Progressivism and each requires coercion and politics to succeed, writes William Anderson.
Menger, Walras and Jevons are credited with creating the marginal revolution in economics.
The Fed and it’s friends blamed cold weather for much of the year’s lackluster economic growth.
Austrian capital theory explains why creating a more technologically-advanced society is easier said than done, writes Mark Tovey.
Thanks to Henry Hazlitt, Paul Cantor and others, a body of work by free-market literary critics is now beginning to emerge, writes Jo Ann Cavallo.
US sanctions against Russia are just the latest incentive for the world’s economies to avoid dealing with the dollar, writes Ron Paul.
Economists often rely on the assumption of “other things equal.” The problem arises when politicians ignore the economy and unintended results, wri
When it comes to your local police, there is no shopping around, there is no customer service, and there is no choice, writes Jeff Deist.
Jeff Deist and Marc J. Victor discuss what's happening in Ferguson, Missouri, and our disappearing legal rights.