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Capital and Interest TheoryPraxeology
Mainstream economists claim that data alone can explain economic actions. Austrians know that without theory, data explains nothing.
The FedFree MarketsInflationBusiness Cycles
In a free market, short-term and long-term rates would move toward convergence. Fed interference with interest rates ensures that won't happen.
Government inflation makes people’s responses much more delayed, leaving people’s value adding greatly degraded.
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U.S. HistoryWar and Foreign Policy
If falling enlistments are an indication of declining faith in the military overall—and especially declining support among conservatives—that's very good news.
Decentralization and SecessionProgressivism
Since the overturning of Roe v. Wade, pundits on the Left have demanded even more centralization of government. But federalism is the best way forward.
War and Foreign Policy
As Newsweek noted last week, Russian television pundits are joking that with the financial windfall Russia has seen since sanctions were imposed, “Biden is of course our agent.”
Booms and BustsThe FedInflation
Peter Schiff once joked that Obama should have appointed Bernie Madoff secretary of the Treasury. The government's easy money policies ultimately lead to Ponzi schemes.