While conservatives and followers of Austrian economics often have much in common, many conservatives are against free trade and free exchange. Austrians need to carefully explain why those beliefs are harmful.
Progressives claim that profits are an unjust transfer of wealth from the poor to the rich. In reality, entrepreneurs earn profits by directing resources from less valued to more valued uses to satisfy consumer needs.
In ending the gold standard, Nixon was guided by Milton Friedman, who wrongly believed that the Fed could end recessions and cope with inflation by controlling the quantity of money.
While conservatives and followers of Austrian economics often have much in common, many conservatives are against free trade and free exchange. Austrians need to carefully explain why those beliefs are harmful.
Ludwig Von Mises gave six lectures in 1959 in Buenos Aires, Argentina where, “he spoke in nontechnical terms suitable for his audience of business
Free markets in agriculture undermined communist governments' attempts to collectivize farming. You can strike a blow against state control by simply gardening.
In reviewing Reconsidering Reparations by Olúfẹ́mi O. Táíwò, David Gordon and Wanjiru Njoya point out the book's many fallacies and the lack of a coherent theory of justice by the author.
While modern India is known for adopting socialism in the 1940s, it has an older tradition of free markets. It is time to rediscover that tradition.
In reviewing Reconsidering Reparations by Olúfẹ́mi O. Táíwò, David Gordon and Wanjiru Njoya point out the book's many fallacies and the lack of a coherent theory of justice by the author.
Socialists never give up trying to prove that socialism can maintain a functioning economy. Some have dragged out a nearly forty year old study as their exhibit A.
