Power & Market

Economics today is mostly a jobs program for economists.

The trade dispute with China may be the event that pushes the US economy into a major recession or even a depression, but it's not the root cause.

Late South African economist Ludwig Lachmann once wrote, “The future is unknowable, though not unimaginable.”

There is a lot of misunderstanding and bad economics being taught to business students, forcing many into courses claiming that theory in economics is useless, and that ‘data’ solves it all. In such programs, we are in desperate need for an Austrian revolution.

The Federal Reserve, responding to concerns about the economy and the stock market, and perhaps to criticisms by President Trump, recently changed

Neil Schulman, a noted libertarian science fiction writer, has passed away.

Atilla Sulker has posted a new interview with Lew Rockwell

Guns do not disappear when we stomp our feet and scream “Ban!” They just become profitable products for gangs to sell to lone gunmen.

Some of these claims about economic laws are indeed wrong, but it's also wrong to claim that economists are the ones pushing these myths.

As a student of economics, I was forced to learn the mainstream economics, which means neoclassical and Keynesian economics.