Scarcity and choice apply to medicine just as surely as they apply to all human activity.
BiographiesHistory of the Austrian School of Economics
Global EconomyProtectionism and Free Trade
Neither the United States nor the European Union are so free of protectionist “sin” to cast retaliatory tariff stones at the other.
Liberal capitalism enables a degree of peace, harmony and respectful tolerance of the choices and ways of honest living for everyone in society to which nothing else compares.
Money and BanksU.S. HistoryMoney and Banking
It is unfortunate that a scholar as careful as Robert Skidelsky has chosen to downplay the historical reality of the failure of central banking.
With a near monopoly of school shootings, public schools nevertheless continue to escape any scrutiny.
Bureaucracy and RegulationCronyism and Corporatism
Government loves to set up "public-private partnerships" for the benefit of both government and certain favored businesses.
Business CyclesMonetary TheoryMoney and Banking
The relevancy of Mises’ analysis to today’s monetary and financial situation.