Philosophy

Economics, at its core, is the study of cause-and-effect relationships—analyzing how scarce resources, which have alternative uses, are allocated.

When the legal scholar Richard Posner labeled Critical Race Theory as having a “lunatic core,” he was echoing what Ludwig von Mises years before had written about polylogism. Unfortunately, CRT now dominates the nation‘s law school curriculum.

In his important lectures on the history of political thought, historian Ralph Raico examined five myths that many still believe about classical liberalism and the origins of modern ideology. 

Should we regard morality as objective or subjective? In today‘s Friday Philosophy, Dr. David Gordon looks at the writings of Timothy Williamson, who argues that we can see morality in an objective light. On that point, he would agree with Murray Rothbard.

What do we mean by equality? F.A. Hayek believed that equality under law and the socialist belief of material equality were opposed to each other. Furthermore, he held liberty to be necessary for civilization itself to flourish.

What do we mean by equality? F.A. Hayek believed that equality under law and the socialist belief of material equality were opposed to each other. Furthermore, he held liberty to be necessary for civilization itself to flourish.

While Hayek did not write directly about the American Civil War, some of his writings provide insights on the conflict.

While Hayek did not write directly about the American Civil War, some of his writings provide insights on the conflict.

Modern psychology has been at odds with the praxeology of the Austrian School, as psychologists have tended to see humans as passive and reactive, while Austrians view human action as purposeful. Recent developments in the field might change that narrative.

Modern psychology has been at odds with the praxeology of the Austrian School, as psychologists have tended to see humans as passive and reactive, while Austrians view human action as purposeful. Recent developments in the field might change that narrative.