U.S. HistoryWar and Foreign PolicyWorld History
President Trump is saying that the U.S. government will lift economic sanctions against North Korea if it “denuclearizes.” Cuba denuclearized in 1962.
Other Schools of ThoughtPhilosophy and MethodologyPolitical Theory
Free MarketsWorld HistoryEntrepreneurshipHistory of the Austrian School of Economics
War and Foreign Policy
While Pence pointed out the massive violations of civil liberties in Venezuela, Nicaragua, and Cuba, he forgot to mention what has been occurring at the US's Guantanamo Bay.
Money and BanksCapital and Interest TheoryMoney and Banking
Without saving and investment, there can be no material progress — which is necessary for cultural progress and flourishing.
Money and Banking
Let us see what happens under inflation, and why it happens.
Other Schools of ThoughtPrivate Property
The broken-window fallacy, under a hundred disguises, is the most persistent in the history of economics. It is more rampant now than at any time in the past.
Donald Trump's crusade against Iran is being helped along by his love affair with the Saudi Regime — and its army of lobbyists.
Other Schools of Thought
For Hayek, "The fools are those who believe they know more than they do."
Austrian Economics OverviewHistory of the Austrian School of EconomicsOther Schools of Thought
A debate between Böhm-Bawerk and John Bates Clark helps explain the foundational differences between Austrians and neoclassical monetarists.