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Skyrocketing asset prices are great for hedge fund managers and Wall Street types, but they increasingly drive ordinary people into unsustainably large amounts of debt.
Booms and BustsCoordinationBusiness Cycles
While supporters of the Biden administration fault Putin for shortages, Austrian economists know the answer lies in Washington's monetary and economic mismanagement.
CapitalismEconomic FreedomInterventionismPricesValue and Exchange
The absence of market discipline in medicine cannot last. Governments and the medical cartel have successfully used fear to maintain control. Fear has kept the masses from rising up. Until now.
Central BanksInflationMonetary PolicyWar and Foreign Policy
Since the early 1960s, African nations have gained political independence from colonial powers, but the monetary colonialism of fiat money continues.
Corporate WelfareDemocracyEconomic Freedom
The partisan leftism of much of the tech industry has led to conservatives calling for state intervention in the digital sphere. Elon Musk's recent purchase of Twitter proves this was wrong.
Bureaucracy and RegulationCapitalismSocialismWar and Foreign Policy
Colonialism, imperialism, unfair trade, and more. African politicians look everywhere for the causes of Africa's poverty and chaos but in the mirror.
The passing of Professor George Ayittey stills a powerful voice for free markets in Africa.
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?