Correlations and the Definition of the Money Supply
Monetary authorities and monetary economists try to define money without understanding what money really is: a medium of exchange.
Monetary authorities and monetary economists try to define money without understanding what money really is: a medium of exchange.
US government officials from President Biden to Secretary Yellen think the US can fund endless wars, but the American people are suffering in reality.
Modern minds are so oriented toward state power that people often fail to understand there is a better way. Instead of “thinking outside the box,” we should think outside the state.
Thanks to the exponential growth of government and regulation, the optimistic society of Back to the Future is fast becoming the dystopian world of Escape from New York or Death Wish.
Is a true populist US government on the horizon? Probably not.
Robert Murphy explains how traders make money in a world of uncertainty and diabolical risk.
Because Federal Reserve policies distort the economy and create perverse incentives, Disney also must deal with intellectual property issues. The combination of the two will ruin the Snow White story.
While most economists admit that value is subjective, they still err by concentrating on scarcity and choice instead of purposeful action by individuals.
Two Austrian economists from Sweden provide commentary on the Swedish central bank's choice for this year's economics Nobel Prize.
David Gordon explains Murray Rothbard's famous assertion that laws against libel and slander should not be on the books.