Intermediate

The story of the failure of Silicon Valley Bank is the story of nearly every bank failure. Fractional reserve banking invites the risky behavior that brings down the banking system.

Mises saw essentialist values as fallacies because they were unverifiable and saw metaphysical ideas as a key component of authoritarianism. His solution was utilitarianism.

Collusion was a way of life with state-chartered enterprises. Little has changed, as firms with political connections still gain profits from their collusion with the state.

Keynesians and fellow travelers hold the Phillips curve to be sacrosanct. But because the Phillips curve cannot establish causality, it is useless as economic theory.

If we have learned anything from hundreds of years of government oppression and atrocities, one thing is certain: government isn't our friend.

The FDIC's takeover of Silicon Valley Bank should make us take a hard look at the damage the Federal Reserve has done. Will other banks face the same fate?

Teaching high schoolers economics means teaching Austrian principles.

Those adhering to Austrian Economic thinking see the beauty in concepts coming together and providing a way to truthfully assess human action.

Because of inflation and a lack of a savings ethic, Americans are less prepared for retirement than ever. The numbers are discouraging.

Never before have we seen an entire generation of young Americans being censored—and self-censoring—for making innocuous statements. This does not end well.