Power & Market
Professor Ben Powell on Mises’s Migration Conundrum
"In Mises we find a tension that prevents him from unequivocally advocating for unrestricted migration." Nation, language, and culture exist independent of government, an obvious point Mises took pains to allow for.
The New York Times is Right About Economists, for the Wrong Reasons
Economics today is mostly a jobs program for economists.
Are Recessions Inevitable?
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.
Bylund: Entrepreneurship Involves Uncertainty. Here’s How to Deal With It Productively.
Late South African economist Ludwig Lachmann once wrote, “The future is unknowable, though not unimaginable.”
Business Schools Need More Austrian Economics
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.
Endgame for the Fed?
The Federal Reserve, responding to concerns about the economy and the stock market, and perhaps to criticisms by President Trump, recently changed
Neil Schulman RIP
Neil Schulman, a noted libertarian science fiction writer, has passed away.
Gun Laws Create Gun Violence
Guns do not disappear when we stomp our feet and scream “Ban!” They just become profitable products for gangs to sell to lone gunmen.