Hayek’s Last Hurrah, So To Speak: A Choice in Currency Emerges Among Central Banks
Hayek said, “I hope it will not be too long before complete freedom to deal in any money one likes will be regarded as the essential mark of a free country.”
Power & Market
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Closing Argentina’s Central Bank: A Response to Professor Hülsmann
The debate regarding the would-be effects of the closure of Argentina’s central bank continues.
Even 2% Inflation Is Too Much
At sustained 2 percent inflation, which the Federal Reserve promises, average prices will nearly quintuple in a lifetime of 80 years and the dollar will shrink to a value of 20 cents.
New Scholarship in the QJAE and the JLS
New scholarly work is appearing regularly in the Quarterly Journal of Austrian Economics and the Journal of Libertarian Studies. Here is a sampling of recently published articles.
Say Hi to UBI
This is not the path to prosperity. It is the final stage of the ruinous collectivist project.
Latest CPI Report: Price Inflation Rises Yet Again
September’s year-over-year CPI increase was 3.0 percent, the largest annual increase in 17 months.
Closing a Central Bank: Comment on Bagus
It was claimed closing Argentina’s central bank would exacerbate inflationary tendencies, however, there are flaws in this reasoning.
Antitrust Policies Are Based upon Economic Illiteracy
Prices in veterinary services for pets have skyrocketed in the UK since 2020, but the only solution interventionists can find is antitrust policy.
41 Million (One in Eight) US Residents Are on Food Stamps
In spite of much talk about how the Trump administration is supposedly defunding these programs, they’re not going anywhere.
The Rubio Doctrine: Neocons Are Back!
After John Bolton’s disastrous stint in the first Trump administration, promises were made that the second Trump administration would be neocon-free. Instead, the neocons are back.
