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Legal systems matter, and common law better serves a free society than statutory law, with its emphasis upon legal positivism.
Bureaucracy and RegulationInflationPovertySocialismTaxes and Spending
African economies aren't being strangled by capitalism but by statism, which has imposed inflation, debt, and high taxes.
Booms and BustsEconomic Policy
The theory of real business cycles won a Nobel Prize, but it ultimately confuses cause with effect.
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.