There's nothing wrong with consulting statistical data. But this data can only be properly understood if one first has a good grasp of sound theory.
Money and BanksMoney and Banking
By creating money out of thin air, central banks repeatedly create bubble industries that must inevitably be liquidated.
The EnvironmentGlobal Economy
It is clear that for the planet to keep up with a rapidly growing population, it is necessary to liberate the global economy.
Austrian Economics OverviewPhilosophy and Methodology
The real value of saving is found in how much it supports and sustains the individuals who are engaged in various stages of production.
Taxes and SpendingMoney and Banking
Government spending distorts and harms the wealth creation process. And cutting taxes without cutting spending won't lead to real economic growth.
Since the government is not a wealth generating entity, how can an increase in government outlays revive the economy?
The acceptance of money is dictated by its previous purchasing power.