Written

More than forty years ago, Leonard Read urged graduates of Hillsdale College to find a premise, a belief in a universal idea of liberty.

The Durham report reminds us it is well past time for a more realistic assessment of the FBI for what it is: a costly, unnecessary, unconstitutional, and incompetent agency. 

The most popular measure of economic growth is GDP. However, GDP movement is driven by changes in the money supply, not real economic factors.

Austrian business cycle theory points out that easy money leads to malinvestments. Once easy money disappears, the crash begins. Time to clean up malinvested assets.

Can the injection of new money into the economic system enhance economic growth? Not really. Increasing (or decreasing) the money supply affects the demand for money but doesn't make us wealthier.

Radical environmentalists have convinced people that we are doomed if we continue to use fossil fuels. We are doomed if we stop using them.

American corporations are lavishing billions of dollars on leftist groups in the name of “equity.” But many of them are also donating to even more questionable people and causes.

Austrian economics is not dry theory. It helps us make sense of our world and shows that exchange and production have a place in our moral universe.

While the horrors of the transatlantic slave trade have been well documented, people other than slave traders and slaveholders benefitted from it, with some surprising results.

Shoddy service, regular breakdowns, and overbudget to boot. There is a reason why government-funded projects always waste resources.