JOIN OR RENEW TODAY
Taxes and Spending
Most everyone dislikes being taxed to pay for government. So governments turn to borrowing and printing money. But those methods aren't really any less costly than taxation.
One reason Congress keeps throwing money at the F-35: There are 1,400 subcontractors for the F-35 program, spread out over 307 congressional districts in 45 States.
Money and BanksMoney and Banking
In Christine Lagarde and Philip Lane, the EU has two new central bankers who will push the limits of what central banks can do.
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.
The demand for loans among consumers and business owners is rising. And that could lead to a flood of new money into the economy. But the Fed is (rightly) afraid of where this might lead.
Financial MarketsHistory of the Austrian School of EconomicsMonetary Theory
Booms and BustsFinancial MarketsU.S. History
The most characteristic feature of post-WWII business cycles is that they have originated in deliberately inflationary policies directed by central banks.