While Austria is not the free-market republic Ludwig von Mises hoped it would be, the country has made many steps in the right direction, freeing markets and protecting private property.
One of the biggest and most pervasive myths in modern-day economics is the myth of the omnipotence of the Federal Reserve.
Get ready to see George W. Bush, Michelle Obama, Mitch McConnell, and Hillary Clinton all mourn together at Kissinger's funeral as they hail one of the regime's most devoted apologists.
Professor Jesús Huerta de Soto responds to one of his students about Javier Milei.
Be a part of the 20th annual Austrian Student Scholars Conference, Feb. 16-17, 2024. Hear keynote lectures from Drs. Sandy and Peter Klein. Compete for cash prizes of $1,500, $1,000 and $500 for the top three papers delivered at the conference. Receive enlightening comments on your scholarship and give the same to others. We hope to see you there.
Editors Note: Much of Murray Rothbard’s historical work was grounded upon power elite analysis.
According to mainstream economists, the expectation of inflation leads to higher prices. That is impossible, however, because actual inflation involves real increases in the money supply.
In The Wizard of Oz, Dorothy and her friends had to worry about wild animals and wicked witches. Today, Americans face a much more formidable foe: their own free-spending government.
The free market is not a partnership of government and business, in which “crony capitalists” and government officials conspire to mulct the public.
Some libertarians dismiss concerns over social media companies’ suppression of news and opinions that contradict select agendas by pointing out tha
