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Austrian Economics Overview
What is important is not the types and number of goods that sit on store shelves. It is why and how they got there.
Labor and WagesPovertyU.S. History
The modern progressive narratives claim that the wealth of the West and especially of the USA was built upon the backs of slaves. In fact, slavery retarded economic growth.
The standard line is that the Federal Reserve System has two mandates, keep unemployment low and create price stability. Mark Thornton notes that the real agenda is found elsewhere.
KeynesMonetary PolicyMonetary Theory
Anyone who has taken a Keynesian-based macroeconomics course remembers the equation of exchange: MV = PY. This equation, however, is buried in fallacious economic thinking.
The FedInflationMoney and Banks
Progressives are fond of telling us that we are under a "social contract" with the government, in effect justifying whatever abuses authorities inflict. Putting up with massive inflation is the latest iteration of this so-called contract.
LiberalismPhilosophy and Methodology
Language is at the front lines of the battle over institutions.
The Police State
The FBI operates as an agency whose players know they are untouchable in the current regime. Vacating FISA rulings is one way to fight back.
Decentralization and Secession
Radical Charles Dunoyer wanted "the municipalization of the world" by which states would be broken up and forced to compete both with the private sector and with countless other states.