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Is there a case to be made for universal basic income? David Gordon examines the pro-UBI arguments by philosopher Matt Zwolinski.
Federal Reserve officials, for all of their alleged wisdom and education, have a knowledge problem. Hayek and other Austrians could have told them their grandiose plans will fail.
One place a price system manifests itself is the sports betting markets. The results are surprisingly accurate.
HayekGold StandardMonetary Theory
At a time when inflation once again ravages the dollar, we recall Murray Rothbard's wisdom in his article "The Case for a Genuine Gold Dollar."
While Andrew Koppelman has made a good faith effort to understand and portray libertarianism, he makes some serious errors regarding Rothbardian thought. David Gordon helps to set him straight.
HayekAustrian Economics Overview
Per Bylund has written a book on economics that is understandable to the layperson as well as presents economics the way it should be done: a science grounded in understanding human action.
Now that inflation is the highest it has been in four decades, the monetary authorities are trying one trick after another. Only ending artificially low interest rates will help.
It's fairly easy to destroy the spontaneously created institutions and groups that make up a well-functioning society. But it is nearly impossible to rebuild them once they're destroyed by central planners.