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The US Court of Appeals for the Ninth Circuit today ruled against a Hawaii state law banning the possession, manufacture, and sale in the state.

For the past fifty years, the US has not had a military draft. Unfortunately, the end of conscription did not mean US military interventions abroad ended.

Economic calculation is not an either-or proposition. Even in so-called market economies like that of the USA, there is plenty of government intervention that distorts market processes.

The "2 percent" inflation target is purely arbitrary, and mainstream economists can't agree on the "right" level. It's all folly, and Austrian economics explains why. 

The DOJ claims that it has "protected" consumers by standing in the way of a partnership between JetBlue and American Airlines. The only thing the DOJ protected was higher-cost flying.

Financial news headlines from 2007 about a projected "soft landing" are eerily familiar.

Philosopher Michael Huemer creates a challenge to the a priori methodology, but David Gordon answers the bell.

Although most of Europe has long forgotten Misesian thinking, Prince Michael of Liechtenstein is an exception.

Too many economic commentators claim that monopolies are the cause of inflation. Austrian economic analysis shows that this is impossible.

The Kingdom of Spain held elections on July 23 and the resulting configuration of the lower house of Congress presents several challenges for gover