A traditional argument for unbacked fiat money was based on the idea it was less-costly to produce fiat money than gold or silver. This cost savings could then enrich society overall. But recent data suggests this isn't true.
Big firms that dominate the marketplace have never had much of a problem with government regulations that keep new competitors from springing up.
The academic scholar, along with the great teacher, is vanishing from the universities and being replaced by one-dimensional specialists.
Austrian scholars should not shy away from engaging mainstream law and economics scholars.
It's government — not markets — that intervene to "stimulate" ever greater amounts of spending and consumption. A healthy market economy, meanwhile, relies on both saving and spending.
The real value of saving is found in how much it supports and sustains the individuals who are engaged in various stages of production.
The Gilets Jaunes are a crisis for the French state, and it remains to be seen if the French leviathan will use it to expand their powers.
Paul Krugman seems to think those who like freedom and free markets are somehow responsible for the current mess brought on by crippling government debt and an enormous federal budget.
Wealth creation and savings are a far better indicator for economic prosperity than the "job creation" sought by politicians who use tax incentive programs for political purposes.
Many Americans now believe in a version of "freedom" which is nothing of the sort — because it requires more violent coercion exercised by government agents.
