Money and BanksMoney and Banking
Given that Fed policymakers are of the view that a decline in the annual growth of prices is bad for the economy they are most likely to embark on very easy monetary policy in near future.
The EntrepreneurEntrepreneurshipHistory of the Austrian School of Economics
There is a field where Austrians are being heard and where Austrian theory is tremendously influential, and that field is dynamic entrepreneurial capitalism.
BiographiesThe EntrepreneurWorld HistoryPhilosophy and MethodologyPolitical Theory
The Federal government is not going to stop state and local police from stealing the property of innocent people.
If one is concerned about Briarwood’s new private police force, one also ought to be hysterical over pretty much any police force in the United States. But the state seems to get a pass in areas where non-state entities are treated with suspicion.
The Versailles treaty was in many ways an extension of the imperialistic impulses that caused the Great War in the first place. Even worse, it paved the way for World War II.
Money and Banks
Libra's value is based on a basket of goods tied to government fiat currencies. Needless to say, Zuckerberg is no Hayek. And the Libra is no Bitcoin.
Without inflationary money, automation means we can work less while at the same time have an even higher standard of living.