Economic Freedom

As Americans celebrate the destructive wars that helped shape this country, we also remember that free markets promote peace and individual liberty.

In the wake of the bloody French Revolution and the Napoleonic Wars, Germaine de Staël kept the ideas of freedom alive at her family chateau on Lake Geneva, meeting with luminaries such as Jean Baptiste Say and other great thinkers of that era.

It’s with the advice of Austrian economists that MAGA can avoid falling into the kinds of errors that seem to create prosperity but only set the stage for recession and thereby intensify the very problems they claim to be trying to solve. 

By honoring Mokyr, Aghion, and Howitt, the Nobel Committee has recognized that the future of growth depends on innovation, and that innovation begins with an idea. Ideas drive progress, and progress defines civilization.

The famous phrase was uttered by William H. Vanderbilt, which was interpreted to mean that the capitalists didn’t care for their customers. Vanderbilt knew he worked for his stockholders, but in working for them, he had to provide for his railroad’s passengers.

Jamaica’s constitutional reform will achieve nothing if it continues to indulge the politics of resentment rather than building the framework for liberty.

Artificial Intelligence, for all of the fear-mongering taking place, simply is a tool that if applied in a free market setting will make our economy stronger, not weaker.

English translation of Hans-Hermann Hoppe's Kritik der kausalwissenschaftlichen Sozialforschung (Opladen 1983). Translated by Andreas Tank.

Mark Thornton shows why real conservation comes from property rights and prices, not bureaucratic targets.

Stablecoins are the next big thing. So, what are stablecoins and what economics effects will they have?