JOIN OR RENEW TODAY
When politicians speak of "freedom," they usually mean expropriating wealth from one person and giving it to another. That is not freedom at all. Perhaps a better word to use is "liberty."
War and Foreign PolicyWorld History
Decolonization is a popular academic and media buzzword. But is colonialism actually responsible for poverty in developing countries? This question deserves an honest answer.
PoliticsProtectionism and Free Trade
When he was president, Donald Trump raised tariff rates, promising it would revitalize American production. It was a costly boondoggle.
Big GovernmentCronyism and CorporatismPoliticsWar and Foreign Policy
The president's SOTU speech has become an annual presentation of a new set of White House lies. But official Washington believes it is worse to publicly boo false statements than to make them.
Bureaucracy and RegulationProgressivismSocialism
Anticapitalist politicians claim intervention can "level the playing field," but when we look closely, we realize that government itself creates the imbalances.
The FedMoney and BanksGold StandardMonetary Theory
Monetary authorities have come up with numerous clever ways of measuring money. However, they are unable even to define money, much less measure it.
Money and Banks
Now would be a great time to stop pretending that the financial sector is "free market" or that price inflation and cost-of-living surges are somehow all the fault of "capitalism."
Austrian Economics OverviewPhilosophy and MethodologySubjectivismValue and Exchange
The roots of Austrian economics go back to the great theologian Saint Thomas Aquinas, whose view of what constitutes a good was a prototype of Menger's pathbreaking theory of the good.