What are the benefits a country reaps from immigrants flowing in? Instead of lamenting immigrants we should be welcoming them. The immigration debate, whether it occurs in Saudi Arabia, the United States, or even Canada, really boils down to answering a simple question: Do we want
to import workers or goods?
Trade is in its nature free, finds its own channel, and best directs its own course.
Pro-austerity or anti-austerity? There is a third way, the Austrian way of less spending and lower taxes.
This skyscraper craze is a massive misallocation of resources resulting from indiscriminate investment promotion by local governments.
The average African’s time preference needs to change if Africa is going to become a manufacturing hub.
A real-life example of concurrent currencies circulating absent any legal restrictions would contain some heuristic value. The real-life example is Somalia.
The introduction of new tighter capital requirements by banks cannot make them more solvent in the present monetary system.
Interviewed by host Scott Horton, Mark Thornton talks about the increasingly popular and mainstream Austrian school of economics, how sound economi
Beggar thy neighbor policies are now called Quantitative Easing. Just like regular protectionism this currency war approach will lead to real wars.
