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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

Trump is essentially being prosecuted for questioning the outcome of an election, and federal paranoia about protecting its own aura of legitimacy is entering a new highly aggressive phase. 

Leonard Read's famous "I, Pencil" explained the workings of the market in terms of the creation of a simple pencil. However, we should not forget that the reviled fossil fuels are involved at every turn.

Progressives have distinguished themselves in the past half century by being against progress. That trend is unlikely to change.