Intermediate

Some conservatives are upset because the new best-selling beer is owned by the same company that owns the beleaguered Bud Lite. Actually, they should have no problem with that.

Rent seeking is a popular term used in economics to describe the behavior of firms trying to gain something from the government. Time to expand the definition.

The government's latest "weapon" against carbon dioxide emissions is a pipeline that will carry the emissions across states and deep underground. In other words, another Washington boondoggle.

Our political and cultural elites have gaslighted us on inflation for years. To learn the truth, read the Austrians.

Patrick Deneen not only misunderstands John Stuart Mill, but he also misunderstands libertarians, claiming they are elitists who believe the world should be ruled by experts.

Leftists claim that developing nations are poor because Western nations once practiced colonialism. The truth is that empires do not foster economic growth.

As long as scarcity exists, there will be greed. Thank goodness free markets enable greedy people to serve others.

How can a bank “create money out of thin air”? We must enter the magical kingdom of “fractional-reserve banking,” where deposits are turned into loans, loans are turned into money, and so on, to find out.

The Federal Trade Commission is heavily scrutinizing the proposed merger between Microsoft and Activision. Why? Because Sony is against it.

One of the standard doctrines of mainstream economics is that the assumptions of a model do not have to reflect reality. Austrian economics vociferously disagrees.