Saint Augustine, Proto-Austrian
One of the fundamental tenets of Austrian economics is the ordinal value scale. Augustine articulated the idea more than a thousand years before Carl Menger wrote his pathbreaking Principles of Economics.
One of the fundamental tenets of Austrian economics is the ordinal value scale. Augustine articulated the idea more than a thousand years before Carl Menger wrote his pathbreaking Principles of Economics.
"Woke" is not "fighting racism," no matter how it is phrased. It is about undermining a society and its economy, declaring our social and economic institutions as illegitimate.
Joe Biden likes taxes. So it should hardly be surprising that Biden has also embraced protectionism and is anti free-trade, which is fundamentally a pro-tax position.
In the bizarro world of student loans, someone can borrow six figures without collateral or credit history—and then demand that taxpayers cover the loan.
At the heart of Keynesian business cycle theory is the so-called liquidity trap. Contra Keynes, however, economies don't falter because a sudden increase in the demand for money.
When we see real bipartisan action in Congress, it usually is for the worst.
People are innovative—if government doesn't get in the way. Entrepreneurs in developing countries find alternatives for people cut off from commercial banking services.
Judge Andrew Napolitano looks at the history of government and race relations in our nation's history. It's not a pleasant or uplifting story.
Money is simple. The political program of monetary "policy" is not.
The US government's push for digital money does not aim to make transactions easier. Rather, it seeks the power to control money and the people that use it.