Ever since independence more than 40 years ago, Zimbabwe has been wracked with socialism, inflation, and corrupt political leadership. Yet, there is a way forward for the nation, if Austrian Economics can be in its future.
To stay in power, governments have to keep spending money. They need to give money to their friends, to give money to their supporters, to carry out their various projects, and—most expensive of all—to have wars.
Conflicts are not inherent in the operation of an unhampered market economy. There are conflicts between citizens because the government steps in and gives special privileges to some and not to others.
Camillo Tarello was one of the fathers of modern agriculture. Fighting the headwinds of state disapproval for his innovative farming methods, he made many agricultural discoveries, benefiting not only his fellow Italians, but future farmers around the world.
Camillo Tarello was one of the fathers of modern agriculture. Fighting the headwinds of state disapproval for his innovative farming methods, he made many agricultural discoveries, benefitting not only his fellow Italians, but future farmers around the world.
Charles Dickens trained many to hate capitalism, but he never understood the difference between envious hatred of wealth and charitable concern for the poor. The true story of his personal life makes this evident.
Liberty is not a luxury good. It is necessary for civilization to thrive and the end of liberty will also be the end of civilization. Karl Popper understood that as well as anyone who has lived.
A satirical essay from a 1978 classroom, speculating about what it would cost to become Santa.
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.
