U.S. Economy

At one time, the libertarian perspective on immigration could be summed up by the following mantra: “There shall be no interference with the free m

The economic theory of interpersonal free exchange is beautifully simple.

The business cycle refers to fairly broad changes in economic activity according to a well-identified sequence, which includes a boom, a crisis, a

Mention the term “free-market economics” and many people’s thoughts immediately turn to the Chicago School, the academic home of nine Nobel prize w

The law & economics movement has become one of the most dynamic schools within economics.

Mixing economics and government is a dangerous idea, nearly as dangerous as mixing church and government.

Real reform of the Fed begins with setting interest rates free, the abolition of deposit insurance, and ending the Fed’s position as lender of last

Keynesians are fond of overstating both the magnitude of the trade deficit and its alleged negative effects, writes Joseph Salerno.

Recorded at the Mises Institute in Auburn, Alabama, on 26 July 2014.

In a free-market economy, firms threatened with competition often respond by searching for ways to increase efficiencies, attempting to lower costs