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Booms and BustsInflationCantillonMoney and Banking
The Federal Reserve has created a tsunami of new money, but a tsunami ultimately must crash, and so will the Fed's inflation scheme.
Free MarketsLabor and WagesPraxeologyValue and Exchange
Arguments for equal pay are popular in our body politic, but what happens if some of those arguments are based upon the faulty logic of the labor theory of value?
Money and Banks
It is interesting that the founder and leader of the market monetarists declared in January 2020 that the world was about to enter a "golden age" of low inflation for the Federal Reserve.
CoordinationFree MarketsPhilosophyPlanningPhilosophy and MethodologyPraxeology
Jordan Peterson is turning his eye toward Austrian economics. Unlike the many conservatives who see free market advocacy as some sort of "dangerous fundamentalism," Peterson seems to get it.
Booms and BustsCentral BanksThe FedMoney and BanksGold Standard
Academic economists since John Maynard Keynes have mocked the classical gold standard, but when government implemented their system, we got inflation and destruction of the currency. Time to rethink the success of that gold standard.
Decentralization and SecessionPolitical Theory
Earlier this month, Hans-Hermann Hoppe appeared on German television to discuss "State, War, Europe, Decentralization and Neutrality."
Central BanksThe FedBusiness CyclesCapital and Interest Theory
Thanks to the Fed's monetary gyrations, we are seeing the yield curve acting abnormally. However, one cannot get something from nothing and market forces ultimately will frustrate the Fed's designs.
A libertarian view of the law by definition means that there can be no immunity from legal consequences. Anything else perverts the very meaning of law.